Country: Indonesia Page 1 / 17
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- March 18 2026
Indonesia to launch national parametric products for coffee, cocoa farmers
Insurtech Blue Marble, state-owned insurer Asuransi Jasindo, and the InsuResilience Solutions Fund are co-funding the development and implementation, with support from the Ministry of Agriculture.
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- March 12 2026
Warburg Pincus weighs sale of Oona Insurance after buyer interest: Bloomberg
The private equity firm has hired Citigroup to review strategic opportunities for the Southeast Asian digital general insurer.
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- March 8 2026
Fitch downgrades Marein Re on weakened capital position, financial strain
Indonesian reinsurer's capital ratio sank to 163% and combined ratio climbed to 102% in 2025 on reserve top-ups.
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- February 27 2026
Blue Marble completes ‘record-setting’ parametric payout to Indonesian smallholder farmers
Devastating floods in Aceh trigger US$143,000 payout to all 2,719 farmers enrolled in the program.
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- February 24 2026
Cyclone Senyar a ‘wake-up call’ for Southeast Asia: Aon
The extraordinary storm caused US$5.4bn dollars of economic losses in Malaysia, Indonesia and Thailand and 1,406 deaths after making landfall twice in November.
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- February 5 2026
Indonesia boosts crop insurance to maintain rice production: report
Rice Crop Insurance program is designed to protect farmers from the risk of harvest failure due to floods, droughts, or pest infestations.
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- January 29 2026
Danantara Indonesia mulls insurance holding company to consolidate state-owned carriers
Sovereign wealth fund is advocating for the merger of 15 insurers to create three firms across life, general, and credit insurance.
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- January 29 2026
Ivy Yeoh takes on an expanded role at Aon
Singapore-based Yeoh named Asia Pacific CFO for commercial risk solutions, while she also retains her position as CFO for Singapore and Indonesia.
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- January 18 2026
CelsiusPro Group, Ecom to design new parametric solutions for Indonesian farmers
The project is backed by University of Southern Queensland in Australia, the Natural Disaster Fund, and Swiss Capacity Building Facility.
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- January 9 2026
Veteran Jason Mandera becomes CEO of Marsh McLennan Indonesia
He has been with Marsh in Jakarta for over 16 years.
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- January 8 2026
Indonesia eager for ‘continuous cooperation’ with London to open the door for Islamic insurance growth
Delegation from Indonesia’s Ministry of Finance and its financial regulator, the Indonesian Financial Services Authority (OJK), was in London last month for a meeting headed by International Underwriting Association CEO Chris Jones and Islamic insurance experts.
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- January 2 2026
Hanwha General Insurance secures controlling stake in Indonesia’s Lippo General Insurance
Korean insurer has increased its shareholding to 61.5% after acquiring a 46.6% stake previously held by Hanwha Life Insurance Indonesia.
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- January 1 2026
Asia Reinsurance Brokers names Aon’s Inti Amaliah as president for Indonesia
She has more than 27 years of experience in the (re)insurance industry, and will assume the new role on January 12, subject to regulatory approval.
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- December 19 2025
Coface appoints Marsinta Marpaung as Indonesia country manager
Jakarta-based Marpaung, who joined the insurer in September 2024 as business leader for Indonesia, will report to APAC CEO Hugh Burke.
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- December 5 2025
Storms batter Southeast, South Asia, inflicting over US$20bn in economic losses: Aon
Thailand estimates Cyclone Senyar to be among its costliest, while Indonesia is reporting billions of dollars in damages and Cyclone Ditwah in Sri Lanka is projected to be the country's deadliest since 1978.
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- December 4 2025
APAC non-life insurers to remain stable in 2026 as capital strength offsets regulatory, catastrophe pressures: Fitch
Stable margins and strong solvency expected, Fitch says, with disciplined pricing and steady reinsurance support underpinning a neutral outlook.
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- November 28 2025
Thailand, Malaysia, Indonesia reel from flood damage, losses in the ‘hundreds of millions’: Aon
Cyclone Senyar, a rare tropical cyclone in the Malacca Strait, and heavy rainfall triggered flooding that affected millions, with total economic damage in Thailand estimated at US$360–740m.
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- November 28 2025
Sompo Indonesia appoints Doly Ritonga as executive officer
He has over two decades of experience working in insurance, and joins from local assurance firm Avrist.
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- November 18 2025
Allianz Commercial, Coastal Marine team up for APAC marine hull coverage
Partnership will initially focus on Coastal Marine's core offering of hull and machinery for coastal and inland tonnage in Indonesia, Singapore, Malaysia, Thailand, and Hong Kong.
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- November 10 2025
Ongoing reserve adjustments, slow business growth to hurt Eka Lloyd: Fitch Ratings
Global rating agency downgrades PT Asuransi Eka Lloyd Jaya’s insurer rating to BBB (idn) from BBB+(idn).