Country: Indonesia Page 4 / 14
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- October 21 2022
Warburg Pincus commits US$350m for ‘buy-and-build’ South-East Asia P&C digital player
IAN recently revealed that the new company, to be called Oona Insurance, had completed an acquisition in the Philippines.
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- October 13 2022
Indonesia Re names Nusantara Re’s Widyo Primastowo as client market & treaty head
Jakarta-based Primastowo reports to managing director Delil Khairat and handles client management and GI treaty businesses.
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- October 6 2022
Bolttech eyes Indonesia expansion with broker buy
Jakarta-based Axle Asia, whose lines include corporate and employee benefits, will rebrand and become a subsidiary of the global insurtech.
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- October 5 2022
Indonesia may ease overseas cession restrictions
Since 2016 insurers have not been allowed to place 'simple risks' with global reinsurers, but now domestic carriers can't cope.
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- September 26 2022
Aon signs up Karl Hamann as Indonesia CEO
The former QBE veteran was most recently the chief executive of Papua New Guinea's state-owned insurer.
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- August 30 2022
China Taiping’s domestic P&C arm sees H1 COR improve to 98.8%
Taiping Re's P&C division fell to an underwriting loss of US$21m.
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- August 29 2022
Insurtech Igloo launches Indonesian platform
It will offer motor and accident insurance and allow intermediaries to provide products.
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- August 2 2022
Asia political risk rates to rise as Ukraine crisis bites
Even fairly benign countries such as Indonesia, the Philippines and Thailand could see hikes of 15-20%.
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- July 12 2022
Indonesia’s Sinar Mas outlook ‘favourable’ despite 102% COR: Fitch
The firm's COR deteriorated last year compared with 2020.
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- June 9 2022
MSIG taps Axa for VP of business development in Asia
Enny Halim rejoins the Japanese insurer with responsibilites for digital, distribution and products.
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- May 11 2022
Number of shipping losses in South China falls: AGCS report
One in five shipping losses still come from the region - the highest in the world.
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- February 23 2022
Takaful resilience on display in 2021
Islamic insurance products in Indonesia and Malaysia grew much faster than conventional insurance.
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- February 15 2022
Takaful non-life premiums surge 22.7% in Indonesia: Fitch
Rating agency says outlook is positive despite some regulatory headwinds.
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- February 9 2022
Indonesia struggles to shake pandemic effect
Non-life premiums registered zero growth in 2021 after a weak end to the year.
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- January 14 2022
Fitch downgrades Indonesia’s Nasional Re
The rating agency cited potential volatility from its credit book which accounts for 26% of total GWP.
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- January 6 2022
WTW appoints former Marsh adviser as head of Indonesia
Kameswara Natakusumah joined the broker at the beginning of January in Jakarta.
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- January 3 2022
Tokio Marine appoints Asia CEO
Masahito Hirai has switched from the firm's Malaysia operations to be based in Singapore.
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- December 31 2021
China Life (Overseas) eyes Asia expansion: Moody’s
The Shenzhen-based SOE already has operations in Hong Kong, Macau, Singapore and Indonesia.
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- December 17 2021
Tugu Re’s CR up on overseas, health claims: Fitch
The reinsurer's non-life combined ratio increased to 107.5% by the end of September after averaging 105.2% between 2018-20.
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- December 2 2021
Indonesia’s Tugu ‘dominates’ energy, aviation and marine: AM Best
The company has "high reinsurance usage" to support the underwriting of large commercial risks.
