Country: Indonesia Page 1 / 6
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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.
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- December 4 2018
Gallagher acquires 40% stake in Indonesian broker
The acquisition has expanded its reach in Indonesia and Singapore.
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- November 16 2018
Lion Air crash raises complex liabilities
An automatic system new to the Boeing 737-Max may have been responsible.
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- November 7 2018
Tugu to cover Lion Air victims’ families
Total payouts resulting from last month's tragic plane crash are likely to reach over Rs235bn.
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- November 2 2018
Making microinsurance profitable
New technology and approaches are making it a potentially sustainable and profitable business line.
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- October 12 2018
Indonesia to insure government buildings
Finance minister Mulyani Indrawati announced that a new integrated approach to disaster risk management is critical.
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- October 5 2018
Indonesia and Thailand ripe for digital disruption
Bain & Co finds customers are happy to consider purchasing products from tech savvy market entrants.
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- September 28 2018
Zurich to acquire Indonesia’s Adira Insurance
The deal means Zurich will become the largest foreign property-casualty insurer in the country.
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- July 30 2018
Lombok earthquake kills 14 and damages over 1,000 homes
A 6.4 magnitude shallow earthquake and over 60 aftershocks has struck the Indonesian island.
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- July 30 2018
Indonesia postpones coal, crude oil export rule
The trade ministry has deferred a new rule that requires export shipments to use Indonesian insurance.
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- June 29 2018
Bank Rakyat Indonesia revives plan to sell life insurance stake
Indonesia's most profitable lender is reportedly reviving a plan to sell a minority stake in Asuransi BRI Life.
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- June 22 2018
IAG in Asia retreat
Earnings volatility has driven the Aussie insurer to exit its businesses in Thailand, Indonesia and Vietnam.
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- May 24 2018
Indonesia affirms 80% ownership cap on foreign insurers
Overseas insurers that control more than the cap will be allowed to continue to operate.
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- March 19 2018
Rescue plan for Indonesian life insurer collapses
Evergreen's planned rescue of the embattled Bumiputera has failed after disagreements over funds.
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- March 5 2018
Indonesian regulator highlights low penetration
The domestic insurance market is valued at just 2.99% of the country's gross domestic product, says OJK.
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- March 2 2018
Three Indonesian unicorns to invest in insurtech startup
The three billion-dollar startups are looking to invest in PasarPolis, an online insurance portal.
