Indonesia

Indonesians can now compare insurance products of different insurers.

Its first quarter performance showed promise.

Starting in early 2025, Prudential will provide products to BSI customers.

The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.

Its risk-based capital ratio dropped to 208% by the end of June.

Insurance penetration in Indonesia has declined to 2.64% in 2023.

However, its profitability is expected to remain stable.

100 million Indosat users will have access to Zurich’s products.

Its investment portfolio has been 90% cash equivalents and fixed-income securities.

Indonesia's industry turnover reached $17.2b.

Its five-year ROE ratio was 5.1%.

Both its life and general insurance segments grew YoY.

Standard operating procedures and trained investigators keep AIA Indonesia in check.

The Indonesia insurer’s profitability improved in 2023.

Clients in Indonesia can choose from two coverage options.

The company has strengthened its position as the Best General Insurance Company in Indonesia by achieving the first rank in Elite Class of General Insurance Company in Indonesia.