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Indonesia tag returned 166 results

  • Indonesia: General insurance sector lacks actuarial expertise

    The number of actuaries for the insurance industry as a whole in Indonesia is deemed sufficient, according to Mr Fauzi Arfan, chair of the Indonesian Actuary Association (PAI). He said that there are around 650 actuarial personnel in the country.

    Asia | 14 Jun 2019
  • Indonesia: Prudential Life teams up with digital financial services platform

    Prudential Life Assurance, a business unit of Prudential Corporation Asia, has announced a strategic partnership with PT Visionet International (OVO), a leading digital payments, rewards and financial services platform in Indonesia. The partnership significantly enhances Prudential's reach in one of Asia's fastest-growing insurance markets with a digitally-savvy population.

    Asia | 12 Jun 2019
  • Indonesia: Farm insurance scheme grows with more land covered

    The number of farmers and breeders participating in agricultural insurance schemes is increasing, as can be seen from the expanse of farming and livestock areas covered by insurance.

    Asia | 10 Jun 2019
  • Indonesia: 2 reinsurers report growth in premium incomes

    Maskapai Reasuransi Indonesia (Marein) has reported strong revenue growth in 2018, with gross premium of IDR2.2trn ($154m), reflecting an increase of 22.7% over 2017.

    Asia | 04 Jun 2019
  • Indonesia: PasarPolis to expand to Thailand, Vietnam

    Indonesian insurtech PasarPolis, which recently received Series-A funding from three other leading start-ups in the country - GOJEK, Tokopedia and Traveloka - is now expanding its business into Thailand and Vietnam.

    Asia | 28 May 2019
  • Travelling Indonesians can now insure their homes during Eid al-Fitr

    Indonesian homeowners visiting their hometowns during the Muslim festival of Eid al-Fitr can now purchase a new home protection insurance plan after booking their plane tickets through the Traveloka app, reported The Jakarta Post. According to Traveloka, seven out of 10 Indonesians are planning to go back to their hometowns this year and there is a significant protection gap in insuring properties left behind.

    Asia | 24 May 2019
  • Indonesia: Retakaful company targets general insurance market to grow business

    Retakaful company Reasuransi Syariah Indonesia (ReINDO Syariah) plans to expand its general reinsurance business as its current portfolio is dominated by life business.

    Asia | 21 May 2019
  • Nearly 84% of Indonesians covered by state-owned insurance

    Indonesia's Health Care and Social Security Agency (BPJS Kesehatan) customer service and expansion director Andayani Budi Lestari has disclosed that 83.94% of the population, or 221m people, are registered under the National Health Insurance and Indonesian Health Card (JKN-KIS) programme, reported The Jakarta Post. BPJS oversees both health coverage programmes for all employees, non-employees, self-employed and informal workers. The government has targeted for all Indonesians to have BPJS membership by this year.

    Asia | 17 May 2019
  • RMS updates risk models for Asia Pacific earthquake

    RMS has released new views of earthquake risk in Taiwan and in six countries across Southeast Asia, as well as an update to its view of hurricane risk across the hurricane-impacted countries in the North Atlantic basin. The models will be delivered on version 18.1 of RiskLink and RiskBrowser, RMS' industry-leading risk management software.

    Asia Risk | 01 May 2019
  • Indonesia: Local InsurTech selected for VC's scale-up programme

    Indonesia-based InsurTech Qoala has been selected in Sequoia Capital India's 16-week-long 'Surge' programme alongside 17 other Asian startups. Launched in September last year, Qoala works with major insurers to develop insurance products for new use cases ranging from flight delays, hotel quality checks, e-commerce logistics, cancelled movie tickets, phone screen damages which is sold to end customers through a wide network of ecosystem partners.

    Asia | 25 Apr 2019

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