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Indonesia tag returned 112 results

  • Indonesia: Growth of bancassurance to plateau, agents to continue to play a significant role - AAJI Chairman

    Indonesia's Life Insurance Association (AAJI) Chairman Hendrisman Rahim expects the growth of bancassurance to plateau in the coming years and that agents will continue to play a significant role in the foreseeable future.

    Agents | 16 Oct 2018
  • Indonesia: Finance Minister outlines likely natural disaster financing measures

    Indonesian Finance Minister Sri Mulyani Indrawati yesterday said that a natural disaster financing strategy and disaster risk insurance scheme would be introduced in 2019 to deal with the impact of Nat CATs in the country.

    Asia | 11 Oct 2018
  • Indonesia - Zurich to acquire Adira Insurance

    Zurich is set to become the largest foreign general insurer in Indonesia after sealing an agreement to acquire 80% of Asuransi Adira Dinamika (Adira Insurance) - a top 10 general insurer in Indonesia - from Bank Danamon and a minority investor.

    AIRPlus | 03 Oct 2018
  • Indonesia: Zurich to become biggest foreign P&C insurer with acquisition

    Swiss global insurer Zurich Insurance Group has entered into agreements to acquire 80% of PT Asuransi Adira Dinamika (Adira Insurance), a top 10 property and casualty (P&C) insurer in Indonesia, from Bank Danamon Indonesia and a minority investor. With these, Zurich will become the largest foreign P&C insurer in Indonesia.

    Asia | 01 Oct 2018
  • Keeping pace in an environment of disruption

    The insurance industry needs to embrace digitalisation and technological transformation to keep up with the pace of change in an environment of disruption, said speakers at the Strategic Issues Conference in Bali.

    Agents | 25 Sep 2018
  • India: Economic losses from Kerala floods total at least US$4.25bn

    Total economic losses from floods in the southern state of Kerala have been tentatively estimated at upwards of INR300bn ($4.25bn), as direct damage and business interruption costs are still being assessed, according to an Aon catastrophe report.

    Asia | 13 Sep 2018
  • Recent Asian CATs could see more than $4bn of losses

    Nat CAT events in the past month, which includes flooding in western Japan and the Indian state of Kerala, alongside the earthquake in Lombok, Indonesia, may result in insured losses of more than $4bn.

    AIRPlus | 11 Sep 2018
  • Indonesian insurer Bumiputera on track to turn around - OJK

    Indonesia life insurer AJB Bumiputera is on track with its business plan to turn around the company, five months after the Financial Services Authority (OJK) allowed the troubled insurer to resume operations, Asia Insurance Review has been told.

    AIRPlus | 10 Sep 2018
  • Indonesia: 3 startups unite to fund digital insurer

    Ride-hailing company Go-Jek, e-commerce firm Tokopedia and travel booking startup Traveloka have come together to provide a Series A funding round for PasarPolis, a digital insurance startup in Indonesia aiming to tap Southeast Asia's growing internet economy.

    Asia | 17 Aug 2018
  • Indonesia: Life association wants to create pool of 10m agents

    The Indonesian Life Insurance Association (AAJI) and the Financial Services Authority (OJK) are pushing to reach a target of 10m insurance agents in the country in the next few years, according to AAJI chairman Hendrisman Rahim.

    Asia | 15 Aug 2018

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