Indonesia to raise minimum capital requirement for insurers to US$16m by 2026: report
January 11 2024 by InsuranceAsia News
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7.7-magnitude earthquake jolts eastern Indonesia, causes widespread damage, fatalities
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Death toll rises to 51, with approximately 1,300 homes damaged.
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Aon taps Zurich Indonesia CUO Stephen as Indonesia CEO
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He will report to Jane Drummond, chief commercial officer for Asia Pacific and interim head of Southeast Asia.
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Indonesia’s Asei downgraded to BB+ by Fitch on capital strain, loss pressures
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Weak capitalisation, reserve adjustments and credit insurance risks weigh as insurer works on recovery plan.
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Taiping Indonesia completes first cross-border renminbi reinsurance deal
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Deal involves four cross-border renminbi premium payments tied to a construction insurance policy for a nickel and cobalt project.
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Insurance is critical to clean marine progress, but new fuels bring risks traditional policies do not fully cover, presenting market players an opportunity to build new models.
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PartnerRe | Dementia the protection gap insurers can no longer ignore
Unlike acute illnesses, dementia creates a long tail of financial need and its impact extends well beyond patients.
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Sedgwick | Investing in people is shaping the future of loss adjusting in Asia
Sedgwick Asia says it is ready to meet the evolving challenges of Asia’s dynamic insurance markets.
