Read the latest edition of AIR and MEIR as an Interactive e-book

Oct 2023

Market Profile


Indonesia's insurance regulator gives takaful a nudge

Indonesia’s financial services authority, Financial Services Authority has made tweaks to regulations aimed at supporting and strengthening the country’s insurance sector.

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Indonesian non-life insurers expected to achieve higher annual increase

Indonesia’s insurance sector is expected to achieve a CAGR of more than 5% during 2023-2027, driven predominantly by regulations to increased merger and acquisition activities.

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Life industry in overdrive

The Indonesian life insurance industry, backed by strong investment income and high demographic dividend, is witnessing rapid growth.

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General insurance performance is promising

The Indonesian general insurance industry continues to perform well after revocation of pandemic restrictions.

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Takaful sector set to continue rapid growth

As Indonesia’s insurance market continues to grow, so too does the takaful market garner more investment and attention.

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