Double-digit growth forecast for Indonesia this year
June 3 2016 by InsuranceAsia News Staff-
LeapFrog Investments taps Indonesia’s reform opportunities with full-stack insurtech
- April 12
The insurance-focused investor believes that the winners in South-East Asia’s largest digital economy will be those that can steer away from an asset-light broking model, as it backs insurtech PasarPolis in ramping up its underwriting capability.
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Insurtech Qoala raises US$47m in latest funding round co-led by PayPal Ventures
- March 28
PayPal Ventures co-led the latest funding round with MassMutual Ventures, bringing the Jakarta-based insurtech's total funding raised to US$130 million since its inception.
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China Taiping posts strong 2023 overseas P&C profit growth as domestic business sags
- March 26
The (re)insurer saw its China P&C insurance's operating profit plunge 71%, contrasting the 87% growth for its overseas business including Hong Kong.
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Asuransi Astra’s A- rating affirmed on strong balance sheet strength: AM Best
- March 15
Indonesia's third-largest general insurer's A- rating was affirmed on its strong operating performance, with COR averaging 88.1% for the five years up to 2023.