Country: Indonesia Page 7 / 15
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- September 6 2021
Indonesia’s disaster pool highlights need for government intervention
Accessing reinsurance markets collectively gives state entities economies of scale.
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- September 1 2021
South-East Asia’s reinsurers face underwriting challenge
Certain claims are down but pricing remains insufficient to improve profitability.
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- August 23 2021
Indonesia’s Lifepal insurtech raises US$9m in Series A round
The digital player offers over 300 policy types across motor, health, life and travel through over 50 insurers.
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- August 19 2021
Indonesia’s life market to recover as consumer confidence rises
GlobalData report predicts GWP in the segment to hit US$13.6bn by 2024.
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- August 2 2021
Zurich establishes Indonesia’s largest shariah GI player
The move follows the acquisition of Asuransi Adira Dinamika in November 2019.
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- July 28 2021
Asia pricing saw 6% growth in Q2: Marsh
The increase was driven by property, financial and professional lines.
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- July 19 2021
SE Asia supply chains face delta variant disruption
Standalone pandemic coverage and parametric triggers seen as possible de-risk solutions.
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- July 15 2021
Marsh appoints WTW’s Indonesia head as South Asia client chief
Luke Ware will relocate from Jakarta to Singapore as he takes up the new role in Q4.
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- July 1 2021
Indonesia’s Covid resurgence threatens recovery
P&C premiums were up by 4.2% in the first four months of the year.
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- May 28 2021
Chubb makes four APAC leadership appointments
Regional vice president Glen Browne to oversee A&H and personal lines across Asia Pacific.
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- May 20 2021
Ed Asia poaches director from Howden for developing markets
Elia Rahmita Price will focus on Indonesia, Thailand and Vietnam.
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- April 26 2021
Asean’s climate exposure a call to action for insurers
Higher claims expected from secondary perils such as droughts and torrential rainfall.
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- April 7 2021
Pertamina Indonesia refinery loss to hinge on BI cover
Initial reports suggest the losses from the Balongan fire could be larger than US$50m.
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- March 22 2021
Asia ILS growth needs better data
New nat cat modelling tools aim to attract risk capital to the region.
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- March 17 2021
Euler Hermes appoints Shan Aboo as Asean CEO
The regional director will relocate from Hong Kong to Singapore to take up the role.
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- March 8 2021
Indonesia’s takaful market hit 7% market share in 2020
A Fitch report says that life sales still dominate the sector while noting that prospects remain healthy for 2021.
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- March 8 2021
Indonesia in recovery mode after 4% premium fall
Data for December shows strong rebound for the country's P&C sector.
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- March 3 2021
FWD poised for Indonesia growth as it seals BRI Life deal
The HK-based insurer takes a 29.86% stake in the life player and teams up with the country's largest bank.
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- February 18 2021
Indonesia P&C GWP to hit US$5.2bn by 2025: GlobalData
While 2020 saw a 4.6% decline due to Covid-19 restrictions, a recovery is expected this year.
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- February 5 2021
Ratings round-up: Malaysian Re retains ‘strong’ IFS rating
Indonesian reinsurance player Tugure also keeps 'A+' rating from Fitch.
