Country: Indonesia Page 12 / 15
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- June 16 2017
Indonesian life firms post huge premium growth
Premium income expanded 25.5% thanks to the popularity of unit-linked and traditional insurance products.
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- June 1 2017
Life premiums in Indonesia up 28%
Data released by the OJK shows that life insurers enjoyed solid premium growth in the first three months of this year.
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- April 3 2017
Aviva appoints CEO for China, Indonesia and Vietnam
Randy Lianggara, who joined from AXA last year, takes on a newly created role to drive growth in these key markets.
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- March 16 2017
Indonesia urges insurers to buy government securities
The Financial Services Authority says insurers should help offset the deficit in the state budget.
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- March 15 2017
Indonesia approves two new reinsurance brokers
The Financial Services Authority has issued operational licences to JLT Reinsurance Brokers and Inare Proteksi International.
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- February 20 2017
Life revenues up 50% in Indonesia
The hike in total premium revenues was complemented by growth in bancassurance segment revenues.
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- January 30 2017
Zurich, Chinese bank tie up on bancassurance
Indonesian entity of Swiss giant partners with Bank of China to explore bancassurance services.
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- January 20 2017
Allianz and StanChart sign 15-year bancassurance deal
The agreement gives access to the bank's retail clients in Hong Kong, Singapore, Malaysia, Indonesia and China.
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- January 16 2017
Hanwa Life Indonesia mulls IPO in 2019
The IPO is part of an effort to meet the regulator's 80% foreign ownership limit for insurers.
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- December 23 2016
No buyers for troubled insurer Bumiputera
The Indonesian government is likely to consider state aid as efforts to find a strategic investor remain futile.
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- December 21 2016
Indonesia urged to fast-track policyholder protection
The call was made following the replacement of the board of directors and commissioners of AJB Bumiputera 1912.
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- December 8 2016
Indonesia’s larger infra budget to benefit insurers
Indonesia will see a bigger infrastructure budget for 2017 and it will be favourable to many insurers.
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- December 5 2016
Indonesia’s Jiwasraya eyes capturing younger market
The government-owned insurer looks to tap the younger market in its plan of digitalising its distribution and sales.
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- November 29 2016
Etiqa to acquire majority stake in Indonesian insurer
The deal with general insurer Asuransi Asoka Mas will provide Etiqa with access to Indonesia's untapped market.
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- November 18 2016
AIA eyes infrastructure investments in Indonesia
The country needs US$400b to fund projects until 2020, most of which will come from private investors.
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- November 4 2016
Indonesia urged to use cat bonds
The SE Asian nation is the latest country to be urged to transfer risk via capital markets.
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- 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.
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- 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.
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- 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.
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- 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.
