Country: Indonesia Page 12 / 13
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- 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
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- September 16 2015
Indonesian regulator revokes licence of MAA General
Its Indonesian operation licence has been revoked with effect from September 3 2015.
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- 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.
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- 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.
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- 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.
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- 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.
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- 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.
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- May 16 2015
Indonesia launches insurance for small business loans
Move is part of the government's efforts to push the expansion of loans for small and medium businesses.
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- May 11 2015
Bank Rakyat Indonesia seeks life insurance partner
Plans to set up an insurance unit in which it will hold a majority stake.
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- May 6 2015
Malaysia’s Tune Ins to buy controlling stake in Indonesian insurer
Acquisition in line to expand insurance business to other markets in Southeast Asia.
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- May 1 2015
Maybank Ageas seeks to acquire insurance firms in Indonesia, Philippines
Discussions have been taking place with a number of parties for possible acquisitions.
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- April 28 2015
Korea’s Hanwha Life seeks to hire 650 more consultants in Indonesia
Additional outlets planned as more Korean Life Insurance Companies look to expand overseas.
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- April 23 2015
Bank Rakyat Indonesia to sell stake in life insurance arm
The Bank is seeking a partner to develop its life insurance unit BRIngin Life.
