Indonesia
OJK releases roadmap for Indonesia’s insurance sector, focuses on four key pillars
The roadmap pushes for insurers to prioritise integrity, safeguard consumers and public interests, and bolster national economic growth.
Indonesia’s new regulation seen to boost takaful sector – Fitch Ratings
This is expected to strengthen the business profiles of takaful businesses and the sector.
OJK wants mandated insurance coverage for Indonesians: Report
Plans for vehicle insurance are in discussion.
Indonesia’s non-life insurance outlook grim: AM Best
Growth is still expected due to Indonesia's economic expansion.
Insurance sector to take on carbon exchange opportunities in Indonesia: Report
Carbon exchange presents an opportunity for the financial industry, particularly the general insurance sector.Â
Linda Purnama joins Gallagher Re to lead Indonesia team
She brings 25 years of experience in reinsurance across APAC.
MNC Life Assurance employs media advantage for market expansion
CEO Risye Dillianti harnesses the power of media to expand MNC Life’s outreach and education whilst securing almost 300,000 clients.
PSAK 74, transforming insurance practices in Indonesia for the better
The new method of presenting financial reports boosts transparency and market confidence in the insurance industry.
Ciputra Life goes beyond its captive market by addressing customer pain points
Its customer-centric approach results in 60% non-captive customers
Zurich Indonesia’s AI upgrade speeds up vehicle policies
AI streamlines appraisal and is part of the insurance firm’s P&C business growth, which experienced a remarkable 20% growth in GWP during Q1 of 2023.
PT AIA Financial wins big at Insurance Asia Awards 2023
The insurer took home the Customer Service Initiative of the Year, Education Insurance Initiative of the Year, and Social Media Initiative of the Year at the awards programme.
FWD Insurance Indonesia provides customer-friendly flagship product
Through innovative approaches, this insurance company achieved a net premium of IDR1.88t (US$124.7m) in 2022.
Zurich Insurance, BNP Paribas considers bidding for Indonesian life insurer
Sales process for PT Astra International has not commenced.
Life insurance revenue down in Q1, claim payments up
The Indonesian life insurance market recorded 87.54 million individuals insured in the first quarter.
Lexasure, AgriG8 team up to offer insurance to Indonesian farmers
The partnership aims to financially guide rice farmers in Indonesia.
Allianz Indonesia taps millennial agents and digitalisation to reach more customers
Of its 40,000 agents, 60% belong to the next generation—the younger, tech-savvy, and diverse workforce.
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Outdated systems cause data breaches, dragging the Philippine insurance market’s growth potential
![Outdated systems cause data breaches, dragging the Philippine insurance market’s growth potential]()
Insurance
Insurance experts warn of poor systems leading to the disruption of digital adoption, whilst partnership opportunities could boost growth.
Insurance experts warn of poor systems leading to the disruption of digital adoption, whilst partnership opportunities could boost growth.
