News Coronavirus watch14 Apr 2022

Indonesia:Reinsurer hit by higher claims and expenses in 2021

| 14 Apr 2022

The non-life combined ratio of Reasuransi Indonesia Utama (Indonesia Re) increased to 107.5% in 2021 (2020 audited: 104%) due to higher claims from its fire, health, credit life, and credit insurance businesses and a reserve top-up, while premiums declined, notes Fitch Ratings Indonesia.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

Error : Object reference not set to an instance of an object.

Recent Comments
Other News

Follow Asia Insurance Review