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.
Lexasure partners up with Blimobil for wider insurance offerings
Lexasure will make an investment in Blimobil.
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.