More than just reducing the Indonesian insurance industry's balance of payments deficit, compulsory cession rules introduced by the Otoritas Jasa Keuangan (OJK) earlier are aimed at capacity optimisation and essentially intended to encourage the local insurance industry in Indonesia to step up on its risk management efforts and ensure better and more prudent underwriting by local players, said OJK Chief Executive of Non-bank Financial Institutions (NBFI) Firdaus Djaelani at the 21st Indonesia Rendezvous in Bali yesterday.