Country: Indonesia Page 1 / 9
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- April 7 2021
Pertamina Indonesia refinery loss to hinge on BI cover
Initial reports suggest the losses from the Balongan fire could be larger than US$50m.
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- March 22 2021
Asia ILS growth needs better data
New nat cat modelling tools aim to attract risk capital to the region.
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- March 17 2021
Euler Hermes appoints Shan Aboo as Asean CEO
The regional director will relocate from Hong Kong to Singapore to take up the role.
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- March 8 2021
Indonesia’s takaful market hit 7% market share in 2020
A Fitch report says that life sales still dominate the sector while noting that prospects remain healthy for 2021.
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- March 8 2021
IAN Analytics: Indonesia in recovery mode after 4% premium fall
Data for December shows strong rebound for the country's P&C sector.
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- March 3 2021
FWD poised for Indonesia growth as it seals BRI Life deal
The HK-based insurer takes a 29.86% stake in the life player and teams up with the country's largest bank.
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- February 18 2021
Indonesia P&C GWP to hit US$5.2bn by 2025: GlobalData
While 2020 saw a 4.6% decline due to Covid-19 restrictions, a recovery is expected this year.
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- February 5 2021
Ratings round-up: Malaysian Re retains ‘strong’ IFS rating
Indonesian reinsurance player Tugure also keeps 'A+' rating from Fitch.
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- January 22 2021
Indonesia gets US$500m World Bank disaster loan
The government agreed a US$770m risk financing initiative with a consortium of (re)insurers in 2019.
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- January 22 2021
Indonesia quake to see minimal insured losses
In-country loss adjusters tell IAN only a small number of claims have been made so far.
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- January 19 2021
Cyber tops Asia Pacific 2021 business risk list: Allianz
Covid-19 and business interruption were the other top concerns across the region.
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- January 12 2021
Sriwijaya Air crash hints at 2021 aviation risks
Resuming service after Covid-19 puts spotlight on aircraft maintenance during the pandemic.
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- January 6 2021
Singapore insurtech GoBear shutters doors
An inability to raise new funds amid Covid-19 cited as the reason for the closure.
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- December 29 2020
RCEP to comprise 25% of global premiums
Asian trade deal will come into force in 2021 and boost premiums by US$9.6bn by 2030.
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- December 23 2020
ZA Tech partners with Indonesian payment giant OVO
ZhongAn is the latest Chinese giant to move in to the fast-growing market.
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- December 18 2020
Asia insurtech fundraising 2020 review
Waterdrop’s US$230m “mega round” with Swiss Re was the largest deal this year.
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- December 11 2020
Sedgwick selects new leadership team in Indonesia
Andri Dirgantara and David Ashe promoted at the loss adjuster.
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- December 10 2020
Asean M&A 2020 review
Aviva, FWD, Gallagher, Singlife and Tokio Marine closed noteworthy regional deals.
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- December 7 2020
Insurtech partnerships to drive Asia’s digital acceleration
Q3 saw significant deals inked in China and Indonesia.
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- December 4 2020
Sedgwick rings Asia management changes
Singapore chief executive David Seng takes on regional role.
