Country Profile - Indonesia: Insuring Against Natural Perils
Source: Asia Insurance Review | Feb 2008
Indonesia is a huge country with tremendous opportunities. It is also a country that is exposed to numerous natural catastrophes. Tackling these exposures are not only the Government's and scientists' concerns, insurers and reinsurers are also working to protect people and businesses from the catastrophes. While natural perils are key concerns for non-life insurers, market penetration and insurance awareness continue to be the bugbears of life insurers. Asia Insurance Review talks to the players in the market to get a pulse on insurance in the country.
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