The Financial Services Authority (OJK) has urged local insurance companies not to use domestic reinsurance as a vehicle to dispose of unprofitable risks.
Singapore based InsurTech Igloo and Indonesian telecom giant Telkomsel will together introduce a series of innovative insurance services across Indonesia.
Indonesia's regulator, the Otoritas Jasa Keuangan (OJK) conducted a training course for woman as part of its measures to promote financial literacy among women and micro, small and medium enterprises (MSMEs) as priority segments in the 2021-2025 National Strategy on Financial Literacy.
Mental health problems among Indonesian teenagers are increasing at an alarming rate according to data released by the National Health Insurance Agency (BPJS Kesehatan) of Indonesia.
Indonesian legislators have called for online motorcycle taxi drivers to be included in the national health and employment insurance schemes (BPJS Kesehatan and BPJS Ketenagakerjaan).
The Shariah-compliant segment of the life insurance sector has posted contributions to IDR11.99tn ($730.4m) in the first half of 2025, according to the Indonesian Life Insurance Association (AAJI).
Increasing riots, civil disturbances, political conflicts and public unrest make it important that the property and casualty insurance policies include covers against riots and civil disturbances according to Indonesian financial services regulator Otoritas Jasa Keuangan (OJK).
The Indonesian General Insurance Association (AAUI) has asked the public to immediately report to their insurers the riot, strike and malicious damage (RSMD) losses for riot insurance claims, if they have been affected by the recent demonstrations in the country.
Fitch Ratings has said that the proposed merger of three Indonesian reinsurers could dilute the capital profile of the domestic reinsurance market in the absence of fresh capital inflows.
Nearly 30% of Indonesians say that they engage more with their insurance policies when loyalty programmes are offered according to a new survey by FWD Insurance.