Indonesia
Indonesian insurers’ old-school thinking holds back sector
The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.
Indonesian insurers’ old-school thinking holds back sector
The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.
Asei's capital ratio falls amid high claims
Its risk-based capital ratio dropped to 208% by the end of June.
Regulator pushes for mergers in Indonesia amidst premium stagnation
Insurance penetration in Indonesia has declined to 2.64% in 2023.
Artarindo's premium retention lags behind industry
However, its profitability is expected to remain stable.
Zurich, Indosat partner to synergise telecom and insurance offerings
100 million Indosat users will have access to Zurich’s products.
Mega Insurance seen to shift reinsurance strategy amidst domestic concerns
Its investment portfolio has been 90% cash equivalents and fixed-income securities.
B2B spending drives Indonesia's insurance sector in 2023
Indonesia's industry turnover reached $17.2b.
KB Indonesia to meet new capital requirements, capital growth expected
Its five-year ROE ratio was 5.1%.
Indonesian insurers' assets hit IDR1,126.26t, up 1.14%
Both its life and general insurance segments grew YoY.
Data analysis, key to AIA Indonesia’s success in combatting fraud
Standard operating procedures and trained investigators keep AIA Indonesia in check.
MAIPARK focuses on earthquake risk, enhances buffers
The Indonesia insurer’s profitability improved in 2023.
APRIL Int’l collaborates with Indonesian insurtech broker
Clients in Indonesia can choose from two coverage options.
BRI Insurance receives accolades at Insurance Asia Awards 2024
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.
Aon Indonesia unveils new president director of reinsurance business
She has over 12 years in reinsurance strategy optimisation.
Taspen maintains profitability with strategic investments
It maintained a strong solvency ratio of 497% as of end-2023
PT Meritz Korindo Insurance maintains strong capital buffer
It even surpassed the new 2026 equity requirement of $15m.
PT KB Insurance sees growth in premium retention to 31%
The insurer also benefits from being an important subsidiary of S. Korea's KB Insurance.
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Global equities attract more pension investments
![Global equities attract more pension investments]()
Insurance
It is expected to continue as larger pension plans diversify their equity strategies.
It is expected to continue as larger pension plans diversify their equity strategies.
Commentary
Intelligent decisioning: The essential element of a modern, customer-centric insurance business
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