Indonesia

PT Meritz Korindo Insurance maintains strong capital buffer

It even surpassed the new 2026 equity requirement of $15m.

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.

FWD Indonesia seen to improve in the next two years

The insurer said it will focus on selling protection products and unit-linked policies to enhance margins.

Asuransi Sinar Mas maintains satisfactory capital for expansion

The non-life insurer accounts for 9% of the total market share in GWP in 2023.

Indonesian insurtechs funding lead despite 79% industry nosedive

Total tech funding raised in the first half of the year amounted to $191m.

FWD Insurance Indonesia’s multi-channel approach to enhance customer experience

Tech executive focused on digital leadership and customer-centric strategies to drive company’s success.

Balancing cost and growth needs in digitalising insurance in Indonesia

EY Indonesia Partner said integration of digital and traditional channels are essential in managing costs and improving customer experience.

Indonesia enters era of digital insurance distribution

Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.

Indonesia needs a little tech to boost insurance penetration

When compared to GDP, insurance penetration in Indonesia is 1.4%, which is low relative to ASEAN.

CEO unfolds how Indonesian firms can focus on growth amidst new regulations

Whilst the market drives towards growth, new rules shrink insurer presence.

Asei and Seoul Guarantee Ink MoU 

The partnership aims to solidify suretyship and credit insurance in Indonesia.

Digital distribution key to Indonesia market penetration

Insurance leaders share insights on navigating risks, boosting sales, and enhancing customer engagement.

Indonesian fintech protects 200k customers through Qoala, Sompo collab

JULO Protect Plus is the first insurance cover embedded in its virtual credit card solution.

bolttech, HAVA.id partner for SME device protection

Indonesian SMEs can also enjoy an additional 12-month device warranty.

Indonesia to consider mandatory TPL insurance

This move is driven by the increasing number of accidents on the road.

Reinsurance risks increase at Tokio Marine Indonesia

As a small non-life insurer in Indonesia, TMI holds a 2.1% market share.

Indonesia's life insurance to reach $12.1b GWP by 2028

Endowment insurance is forecasted to decline by 7.0% in 2024.