Indonesia
Indonesia launches marine trust to fund coral reef insurance
Indonesia launches marine trust to fund coral reef insurance
Swiss Re is a key partner in this initiative.
Indonesia proposes insurance agency to protect cooperative deposits
The deputy minister said they aim to modernise the legal framework.
Indonesia enforces 10% co-pay rule for private health insurance
This could dampen hospital revenues in fiscal year 2026.
Tokio Marine Indonesia will likely hold strong capitalisation in the medium term
After a decline in 2023 due to large claims, capital levels rebounded in 2024.
Indonesian association launches 2025–2030 roadmap to strengthen farm insurance
It aims to establish a sustainable ecosystem in support of national food security.
BRI Insurance gains from property, credit lines in premium surge
The insurer’s regulatory RBC ratio stood at 374% at end-2024.
PertaLife eyes capital hike to boost coverage of captive market
It is also tapping other state enterprises and beyond.
Indonesia’s PA&H slated for 13.4% CAGR through 2029
Growth in 2025 alone is estimated at 14.2%.
Manulife dares startups to tackle Asia’s age imbalance
Contestants have until the end of April to apply.
Indonesia insurance premiums rise 6% in 9M 2024
The sector’s asset value also increased 3.81% YoY.
Fitch expects Marein to sustain prudent investment practices
It held a 14% market share of Indonesia’s total reinsurance premiums end-2024.
Indonesians tend to delay travel insurance purchase
Four in 10 purchase coverage within zero to four days of departure.
Asuransi Allianz Life’s profitability to remain supported by parent: Fitch
The insurer’s profitability improved significantly in 2024.
Indonesian association, Gadjah Mada University ink deal for upskilling
The collaboration aims to address the shortage of actuarial professionals.
Asei battles weak underwriting, high reserves in 2024: Fitch Ratings
Underwriting performance deteriorated, with combined ratio surging to 187% in ‘24.
Regulator mandates quarterly reports for Indonesian Insurers
The requirement to submit semesterly reports has been removed.
Stricter capital requirements to put pressure on Eka Lloyd: Fitch Ratings
The insurer would need to raise capital to meet the government’s $15m requirement.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
