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.