Indonesia

FWD Insurance Indonesia provides customer-friendly flagship product

Through innovative approaches, this insurance company achieved a net premium of  IDR1.88t (US$124.7m) in 2022.

FWD Insurance Indonesia provides customer-friendly flagship product

Through innovative approaches, this insurance company achieved a net premium of  IDR1.88t (US$124.7m) in 2022.

Zurich Insurance, BNP Paribas considers bidding for Indonesian life insurer

Sales process for PT Astra International has not commenced.

Life insurance revenue down in Q1, claim payments up

The Indonesian life insurance market recorded 87.54 million individuals insured in the first quarter.

Lexasure, AgriG8 team up to offer insurance to Indonesian farmers

The partnership aims to financially guide rice farmers in Indonesia.

Allianz Indonesia taps millennial agents and digitalisation to reach more customers

Of its 40,000 agents, 60% belong to the next generation—the younger, tech-savvy, and diverse workforce.

Igloo provides affordable and accessible insurance solutions in Indonesia

They aim to triple the company's growth through product launches and partnerships in 2023.

Great Eastern digitises processes to reach untapped Indonesian insurance market

This effort succeeded in optimising their financial performance with a net profit of $ 1.98m (IDR 31b)

Indonesian president Jokowi urges regulator to step up monitoring insurers

The president flagged that several complaints last year have not yet been resolved.

PasarPolis becomes one of Indonesia’s first full-stack insurtech

This was achieved through a partnership with Tap Insurance.

Tokio Marine increases stake in Indonesian JV to 80%

It acquired 20% of shares from its JV partner.

Insurers eyeing snapping up of controlling stake of BNI life unit

The lender is mulling selling 60% of its stake in PT BNI Life Insurance.

Indonesian government to accelerate policy guarantee agency

This aims to protect policyholders in the event an insurance company goes belly up.

PasarPolis pilots new one-stop-shop insurance app Tap Insure

The app was created in partnership with PT Zurich Asuransi Indonesia, Tbk.

bolttech acquires majority share in Indonesian insurance broker

The acquisition bolsters the insurtech’s insurance exchange capabilities in the country.

Swiss Re and Indonesia Re partners to enhance digital accessibility in Indonesia

More than 70 reinsurers will benefit from this collaboration.

Astra International mulls sale if insurance business

The deal could value the business at $500m.