Country: Indonesia Page 10 / 12
- October 28 2016
Zurich eyes bancassurance growth in Indonesia
More growth in bancassurance business is expected as Zurich Topas Life partners with Bank CTBC Indonesia.
- October 19 2016
Indonesia’s Bumiputera on the hunt for buyers
The company is nearing the end of a long restructuring process aimed at meeting its growing obligations.
- September 28 2016
Big growth for Indonesia’s healthcare industry
The sector is expected to grow to more than US$50bn by 2020 as the government upgrades the nation’s healthcare.
- September 6 2016
Indonesian insurer eyes one million clients by 2017
Finansial Wiramitra Danadyaksa hopes to engage one million clients in its new single premium life insurance.
- August 19 2016
No slowdown in Indonesia’s regulatory zeal
The president has approved plans to create holding companies for state-owned enterprises, eventually including entities for insurance.
- July 15 2016
OJK expected to oversee Fairfax-AMAG merger
Regulatory supervision may be slowing the Canadian firm's plans to acquire general insurer Asuransi Multi Artha Guna.
- July 5 2016
Sun Life Financial buys CIMB Sun Life
The Malaysian group has reportedly agreed to divest its entire stake in the joint venture for US$41.8m in a deal signed in March.
- July 4 2016
Manulife Indonesia to spin off sharia unit
To expand its market share, the Canadian insurer intends to spin off its sharia business unit.
- June 29 2016
Fairfax buys 80% interest in Indonesia’s AMAG
The deal is expected to be closed by the end of the fourth quarter of 2016.
- June 17 2016
First parametric solution for Indonesian provinces
Aswata, Mercy Corps and Swiss Re introduce solution for microfinance institutions in Aceh and West Sumatra.
- June 9 2016
AXA to expand farm insurance programme in Indonesia
AXA may offer crop insurance more widely after the success of its pilot project in Malang, East Java.
- June 3 2016
Double-digit growth forecast for Indonesia this year
PwC says respondents to its recent survey predict the industry’s growth could be as high as 15%.
- June 3 2016
Philippine insurance regulator named first Mefin head
Emmanuel Dooc will chair the newly created Mututal Exchange Forum on Inclusive Insurance in Asia.
- May 19 2016
Fairfax mulls acquisition of Indonesian insurer
The Canadian insurer is reportedly in advanced talks to acquire majority shares in the non-life unit of Paninvest.
- May 12 2016
Allianz buoyed by demand for sharia policies in Indonesia
Allianz Life Syariah posted a 7.2% gross premium income increase in 2015, rising to US$56 million.
- May 3 2016
Allianz hit by Indonesia’s troubled life market
Huge challenges in the country's life market have taken a toll on the German insurer's gross premium income.
- April 26 2016
Indonesia mandates greater allocation to bonds
Domestic pension funds and insurers will be required to invest a minimum of 20% of their assets in bonds.
- March 30 2016
Indonesian life insurers bullish on 2016 premium growth
Despite a weak local economy, life premiums are forecast to grow by about 15% — more than double last year's rate.
- March 29 2016
Sun Life acquires full control of Indonesian JV
The US$42m deal, which is expected to close by September, gives it full control of CIMB Sun Life.
- March 21 2016
Manulife Indonesia launches sharia-compliant life product
The product is being launched in partnership with Islamic lender Bank Muamalat to widen its customer base.