Country: Indonesia Page 11 / 12
- February 8 2016
Indonesia exempts unit-linked life products from new bond rules
Firms will soon be allowed to manage their own portfolios in government bonds independently.
- February 4 2016
Indonesia’s legislators seek limits on foreign ownership
No decision yet on threshold, says OJK, but existing majority owners are hoping for an exemption.
- February 2 2016
Indonesian firms target country’s 88 million internet users
With just 2.5% insurance penetration, more companies are going online to win customers and boost premiums.
- February 1 2016
Indonesia to limit foreign ownership to 30%
The country's insurance regulator announced its latest protectionist measure to reporters on Friday.
- January 11 2016
Bank Rakyat Indonesia cancels sale of insurance arm
State-controlled lender has reportedly scrapped the sale of 40% stake in its life insurance arm.
- January 7 2016
DBS, Manulife officially launch US$1.2bn bancassurance deal
The deal allows the Canadian insurer to distribute its products in DBS branches across the region.
- December 30 2015
Indonesia to maintain premuim revenue growth in 2016
Life companies forecast to post a 20%-30% increase next year, according to AAJI
- December 16 2015
Bank Rakyat Indonesia buys insurer for US$114m
Indonesia's second-largest lender is finalising its acquisition of Bringin Jiwa Sejahtera Life.
- December 2 2015
ACE Life seeks up to 30% premium growth in Indonesia
The insurer has said that it will add more agents and partner with more banks next year.
- November 27 2015
Indonesia growth to continue despite slowdown
Growth will be buoyed by the country's low penetration rate, improving risk awareness and rising population and affluence.
- November 23 2015
Indonesia’s insurance industry forecast to grow in 2016
The Financial Service Authority has also forecast the insurance industry will grow significantly.
- November 16 2015
Global insurers eye Paninvest’s insurance business
Italy's Assicurazioni Generali, Canada's Intact Financial and Hong Kong's FWD are among those interested.
- October 29 2015
Insurers take brunt of Indonesia’s haze disaster
Indonesia's regulator foresees a rise in claims related to forest fires in the country's provinces.
- October 12 2015
Indonesia remains one of most promising insurance markets
The country's growing middle class and vibrant small and medium-sized businesses defy slowing economy.
- September 16 2015
Indonesian regulator revokes licence of MAA General
Its Indonesian operation licence has been revoked with effect from September 3 2015.
- September 14 2015
Indonesian insurers warned about economic outlook
Several insurance firms need close scrutiny in the face of the economic slowdown, says financial regulator.
- August 12 2015
Yield-hungry Dai-ichi Life invests in Indonesian bonds
Dai-ichi Life has made its first investment into Japanese yen-denominated Indonesian sovereign bonds.
- July 28 2015
Indonesia relaxes insurers’ bond-buying rules
An initiative by the Indonesian Financial Services Authority is designed to help stimulate the local markets.
- July 8 2015
Three shortlisted for Bank Rakyat Indonesia’s life stake
BNP Paribas Cardif, FWD Group and Hanwha Life Insurance Co said to be shortlisted.
- June 18 2015
Indonesia’s Sequis Life to raise number of sales staff to 66,000
Aims to become the third-largest life insurer in the country.