Indonesia
Indonesia insures more than 2,000 gov’t buildings
This is part of the government’s pilot program on disaster risk reduction.
Indonesia insures more than 2,000 gov’t buildings
This is part of the government’s pilot program on disaster risk reduction.
Qoala raises $65m in new funding round
The round was led by Eurazeo with participation from several existing investors.
Sun Life Indonesia deepens bancassurance partnership with CIMB Niaga
This will effectively extend the two companies current partnership until 2039.
Indonesia life insurance industry to grow to $17.4b in 2025
After rebounding in 2021, the industry is set for a massive growth trajectory.
OJK promises balance in insurtech and consumer protection
Indonesia has a growing adoption of digital tech in the insurance industry.
Willis Towers Watson names new Indonesia business head
He will also head the corporate risk and brokerage.
Indonesian credit insurers to face increased claims: Fitch
Despite this, they are still expected to comply with regulatory requirements for capitalisation.
Rey Assurance boosts cashless claims with AXA partnership
Rey will work with AXA to remove friction from its cashless claims platform.
Cracked phone screen? Indonesian e-wallet DANA has insurance for that
Users can get coverage for as low as Rp500.
Weaker economic recovery to mute Indonesia’s non-life insurance demand
AM Best predicts a negative outlook for the country’s non-life segment.
Indonesian e-wallet OVO unveils motorcycle insurance for users
It is the first e-wallet in Indonesia to offer motorcycle insurance with monthly premiums.
Indonesian life insurance customers drop 4.7% in Q1 2021
The decline was observed in group insurance.
Indonesia's IFG Life seeks more funds amidst Jiwasraya takeover
Extra funds will come from fundraising or new capital injections.
Indonesia's Tugure eyeing overseas expansion
The move will play a role in its vision to become a regional insurer by 2024, it said.
ZA Tech, PFI Mega Life to drive digitisation of Indonesian insurers
The two firms will cocreate products and digital solution.
Q4 2020 brings prosperity to Indonesian life insurers
Revenue surged 81.7% to $6.4b amidst economic improvements.
Indonesian takaful market gaining ground despite low penetration
The low market share is driven partly by the still-nascent Islamic finance ecosystem.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
