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Indonesia tag returned 66 results

  • Indonesia: Partnerships key to expanding insurance pie

    Collaboration with external partners as well as product simplicity are key factors in reaching out to more insurance customers in Indonesia, said panelists at an industry event in Jakarta yesterday.

    Asia | 14 Feb 2018
  • Indonesia: Reinsurer to review quake insurance tariffs

    Catastrophe reinsurer Maipark says that it will conduct a review of earthquake tariffs, in the wake of the release of the latest compilation of earthquake data.

    Asia | 13 Feb 2018
  • Indonesia: General insurers keen to insure state assets

    General insurance companies are ready to form a consortium to insure state assets not already covered by insurance, according to the General Insurance Association of Indonesia (AAUI).

    Asia | 26 Jan 2018
  • Indonesia: Marine hull insurance to grow at 10% this year

    The marine hull insurance business in Indonesia is expected to grow by 10% this year in terms of premiums despite the fact that growth was flat last year, according to the General Insurance Association of Indonesia (AAUI). The increase would hinge on whether or not the building and procurement of ships in Indonesia is as planned.

    Asia | 22 Jan 2018
  • Indonesia: Central bank issues warning against virtual currencies

    Bank Indonesia has warned all parties not to sell, buy or trade virtual currencies (VCs), emphasising that VCs including bitcoin are not recognised as legitimate instruments of payment in the country.

    Asia Risk | 17 Jan 2018
  • Indonesia: Aussie bank mulls selling stake in insurance unit

    Commonwealth Bank of Australia (CBA) will consider selling its majority stake in an Indonesian insurance venture, with any deal likely valuing the insurer at up to US$250 million, reported Reuters citing people familiar with the matter.

    Asia | 15 Jan 2018
  • Indonesia: Life insurers lobby for investment relaxation

    The Indonesian Life Insurance Association (AAJI) has asked the Financial Services Authority (OJK) to relax its stipulation for insurers to invest in government securities (SBN).

    Asia | 12 Jan 2018
  • Indonesia: General insurance sector to set brokers' commissions

    General insurance players plan to set the commission rates for broking channels in an effort to establish healthier cooperation with insurance brokers.

    Asia | 11 Jan 2018
  • Indonesia: First Shariah insurance company goes public

    PT Asuransi Jiwa Syariah Jasa Mitra Abadi (JMA Syariah) plans to launch an initial public offering (IPO) this month, the first Islamic insurer to go public on the Indonesia Stock Exchange. The IPO is expected to raise up to IDR60 billion (US$4.44 million).

    Asia | 06 Dec 2017
  • Indonesia: New scheme to save AJB Bumiputera expected in 2018

    The Financial Services Authority (OJK) will be reviewing a new scheme to save the beleaguered mutual insurer, AJB Bumiputera 1912 (AJBB), after more than a year of attempting to restructure the insurer's operations.

    Asia | 27 Nov 2017

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