Country: Indonesia Page 1 / 6
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- January 17 2020
Jiwasraya’s bailout rocks Indonesia
The government wants to reassure the wider financial market after huge losses.
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- January 14 2020
Another Indonesia state-owned insurer faces scandal
Asuransi Sosial Angkatan Bersenjata Republik Indonesia's (Asabri) stock portfolio took a 95% dive in 2019.
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- January 13 2020
Scandal-hit Indonesian insurer has US$2bn deficit
Jiwasraya is under investigation for financial misconduct worrying policyholders.
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- January 8 2020
Asia’s mixed P&C renewal picture
Conditions more constrained but reinsurers are taking a more segmented approach.
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- December 23 2019
The year in review: 12 market highlights
InsuranceAsia News reflects on some key moments in a busy year across the region.
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- November 29 2019
Zurich targets Asia growth
Deal for Indonesia's Adira signals region is firmly in CEO Mario Greco’s plans.
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- November 29 2019
Willis Towers Watson appoints Indonesia leader
Luke Ware, head of corporate risk and broking in the country, will oversee 140 colleagues.
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- November 28 2019
Zurich secures Adira P&C deal in Indonesia
The Swiss giant has become the largest international P&C player in the country.
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- November 25 2019
Indonesia unveils US$770m nat cat protection programme
The government has struck a deal with 56 re/insurers in a move to privatise catastrophe risk.
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- October 17 2019
Indonesian insurtech Alodokter raises US$33m
The funds will help develop its health platform.
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- August 29 2019
Singapore insurtech signs Indonesia e-commerce deal
Axinan is teaming up with e-commerce outfit Bukalapak in Indonesia.
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- August 21 2019
Singapore Life targets five markets in South East Asia
After raising over US$100m the life player has the capital to expand quickly.
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- August 15 2019
Indonesia’s health scheme still suffering financially
The shortfall between premium income and claims' payouts is expected to climb to US$2bn.
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- August 2 2019
Aviva examining sale of Asian operations: report
The UK firm has a portfolio across six Asian countries which could be worth as much as US$2bn.
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- June 26 2019
AIA changes leaders in Indonesia and Malaysia
Sainthan Satyamoorthy to replace Ben Ng in Indonesia as both are promoted.
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- March 18 2019
Major flooding in Indonesia damages hundreds of homes
Disaster declared in Papua as torrential rain causes major damage and kills over 50.
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- January 29 2019
Great Eastern sells stake in QBE Indonesia
The 5% stake sale is intended to meet local regulatory requirements.
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- January 11 2019
Fixing Indonesia’s takaful sector
It is not clear if the country’s insurers are prepared for changes coming to the sector.
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- December 28 2018
Indonesia counts cost of deadly volcano and tsunami
Initial reports suggest that insured losses could be more than US$1bn.
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- December 7 2018
Indonesia’s state health insurer bailed out again
The government scheme is weighing under the strain of universal healthcare.
