Indonesia
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 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.
GWP of Indonesian general insurers to hit $5.17b in 2025
The sector is expected to recover 2.9% in 2021.
Indonesia floats unit-linked certification service for general insurers
The Financial Services Authority is preparing regulations for unit-linked investment products.
Generali Indonesia partners with Munich Re to boost underwriting processes
The latter's cloud-based platform will also help streamline risk assessment.
Indonesia mulls closing state life insurer Asuransi Jiwasraya
Policies will be restructured and then turned over to a new company.
FWD to invest in Indonesia's BRI Life
Existing BRI Life customers will not be affected by the investment.
BNP Paribas' Cardif to buy stake in BRI life insurer
BRI had earlier revived its plan to sell a stake for $500m.
Chubb names Jon Longmore as new Indonesia president director
He will replace Tai Kuan Ly.
Indonesia life insurance premiums down 5% to $13.05b in 2018
Income from the bancassurance channel took a hit.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
