Indonesia
Insurance Asia Forum 2024 convenes in Jakarta to shape the future of insurance
The event gathers insurance professionals from across Asia, exploring the evolving realms of risk management, technology, regulations, and customer engagement.
1 day ago
Insurance Asia Forum 2024 convenes in Jakarta to shape the future of insurance
The event gathers insurance professionals from across Asia, exploring the evolving realms of risk management, technology, regulations, and customer engagement.
1 day ago
Indonesia lifts sanctions on PT Independen Pialang Asuransi
The broker was able to obtain approval from the authority.
1 day ago
PT Axle Asia revamps as bolttech
bolttech completed the acquisition of the majority stake in Axle Asia in late 2022.
4 days ago
Credit insurance drives BRI's premium increase: Fitch Ratings
The insurer holds a 3% market share in Indonesia’s non-life industry, as of 2023.
Indonesia grants operating licence to PT Orion Reasuransi
Its licence is effective immediately.
AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Igloo partners with Tokopedia for consumer protection
The partnership hopes to cover 99% of Indonesia’s districts.
Qoala secures $47m in Series C funding
Total capital raised to date surpasses $130m.
Allianz Syariah flexes Sharia insurance for all Indonesians
The low level of Sharia financial literacy and inclusion has driven companies to implement both short-term and long-term measures.
Insurtech Carrot to develop behaviour-based solution with Indonesian insurer
The collaboration will facilitate LGI's introduction of BBI products in Indonesia.
Asuransi Astra's profitability stays strong, backed by parent group's business: AM Best
Its investment portfolio is moderately risky, mainly comprising domestically rated bond funds.
New equity requirements to foster competition in Indonesia's takaful sector
Fitch Ratings forecasts a growth rate of 5% to 10% for 2024.
Decline in credit insurance business affects Asuransi Asei Indonesia
The decline in the credit insurance segment in 2023 affected the insurer’s gross premiums written.
PT Asuransi Tugu Pratama sustains strong operating performance: AM Best
The Indonesian insurer is expected to have volatile underwriting in the short to medium term.
Manulife Investment, Indonesia partner for infra development
A growing demand for logistics properties is seen due to Indonesia's e-commerce market growing rapidly.
OJK establishes four regulations to strengthen insurance and pension system
These regulations hope to address capital capacity limitations in the insurance industry.
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Insurance fraud prevention with SAS: Strengthen today's strategies with tomorrow's solutions
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Through insightful discussions, industry stakeholders will uncover effective strategies and tools, including SAS analytics, to combat evolving fraud tactics and regulatory challenges.
Through insightful discussions, industry stakeholders will uncover effective strategies and tools, including SAS analytics, to combat evolving fraud tactics and regulatory challenges.
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