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Indonesia tag returned 137 results

  • Takaful prospects bright in Malaysia and Indonesia

    Malaysia's takaful segment will benefit from the government's push for affordable insurance and higher insurance penetration, particularly as Muslims dominate the country's population, while Indonesia's takaful industry is expected to benefit from developments in the broader shariah ecosystem over the long term, according to Fitch Ratings.

    Agents | 22 Jan 2019
  • Indonesia: Bancassurance life sales to grow 15-30% this year

    Bancassurance will continue to be a pillar in insurance distribution this year, given the channel's broad market share, said the Indonesian Life Insurance Association (AAJI).

    Agents | 22 Jan 2019
  • Indonesian insurers unlikely to be impacted by Dec tsunami

    The financial soundness of Indonesian insurers is not likely to be affected by the last month's tsunami in the Sunda Strait due to their appropriate catastrophe risk management and strong capital buffers, said Fitch Ratings. The ratings agency believes the industry will be able to absorb the resulting claim losses, which had the greatest impact on the coastal areas of Banten and Lampung, although profitability may be affected.

    AIRPlus | 21 Jan 2019
  • Indonesia: Insurers await policy guarantee legislation

    The insurance industry is awaiting legislation that would provide policyholders protection against the failure of insurance companies. A Policy Guarantee Bill is currently being drafted.

    Asia | 21 Jan 2019
  • Indonesia: Bancassurance to continue to drive life sales this year

    The Indonesian Life Insurance Association (AAJI) has assessed that bancassurance will continue to be a pillar in insurance distribution this year, given the channel's broad market share.

    Asia | 18 Jan 2019
  • Indonesia: Lethal tsunami leaves insurers' financial health unaffected

    The financial health of insurance companies in Indonesia will not be affected by the 22 December tsunami in the Sunda Strait because of good risk management and strong capital,says Fitch Ratings.

    Asia | 15 Jan 2019
  • Indonesia: Insurance CEOs urged to make their companies "big and sexy"

    Mr Wiroyo Karsono, joint chairman of the Indonesian Life Insurance Association (AAJI) and also CEO of Bhinneka Life, has said that working in the insurance industry currently does not rank high in the minds of millenials.

    Asia | 18 Dec 2018
  • Opinion - Save Bumiputera

    A recent article by Mr Munawar Kasan entitled 'Revitalizing Bumiputera' was carried in Kompas. It asked the question of how regulators can rescue an Indonesian community initiative with a history that predates national independence.

    AIRPlus | 17 Dec 2018
  • Indonesia: Great Eastern deepens footprint with takeover deal

    Great Eastern Holdings yesterday announced that its wholly-owned subsidiary, Great Eastern General Insurance, has on 10 December 2018 entered into a sale and purchase agreement to acquire 100% of the shares in QBE General Insurance Indonesia from QBE Asia Pacific Holdings and QBE Insurance (International).

    Asia | 12 Dec 2018
  • Indonesia: Regulator to crack down on unlicensed agents

    The Financial Services Authority (OJK) has announced that it would take action against unlicensed insurance agents who conduct business without being registered with the authorities.

    Agents | 11 Dec 2018


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