Government subsidies of health insurance premiums for over 11m Indonesians have been suspended by the Health Social Security Agency (BPJS Kesehatan). This massive exercise was initiated after a review of the data of subsidy recipients by the Ministry of Social Affairs, which revealed that the Indonesians concerned no longer met the eligibility criteria for the subsidies.
Asia Reinsurance Brokers (ARB) has appointed Ms Inti Amaliah as President Director of ARB Indonesia.
Indonesia's financial regulator, the Financial Services Authority (OJK), says that it ensures leadership continuity and the smooth execution of regulatory and supervisory duties in the financial services sector, as well as consumer and public protection, by appointing Acting/Replacement Members of the Board of Commissioners.
The government is increasing the investment limit for pension funds and insurance companies in the capital market from 8% to 20% of their total investments.
Mr Budi Herawan, Chairman of Asosiasi Asuransi Umum Indonesia (AAUI), has been appointed the 2026 Chairman of the ASEAN Insurance Council.
The Indonesian Life Insurance Association (AAJI) last week officially inaugurated GRHA AAJI during a grand launching event coinciding with AAJI's 24th anniversary.
The Indonesian regulator, Financial Services Authority (OJK), has highlighted rampant fraud in the disbursement of life insurance claims in various parts of the country.
The Indonesian General Insurance Association (AAUI) expects marine cargo insurance to maintain its growth trend in 2026.
The government has been urged to review its tax policy for insurance agents, which is said to have created legal uncertainty.
The Financial Services Authority (OJK) has announced that 115 out of 144 insurance companies (around 80%) in the country have met the 2026 capital requirements.