News Regulations23 Oct 2024

Indonesia:Several insurers meet minimum capital requirements ahead of deadline

| 23 Oct 2024

Around two-thirds (100 out of 145) existing (re)insurance companies as of the end of August 2024 met the first tranche of capital hikes before the 31 December 2026 deadline. Another 45 entities still need to do so, according to the Financial Services Authority (OJK).

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