#insurance industry

Collection of insurance industry news, found 70 news.

National market capitalization ratio at only 48 percent: Minister

National market capitalization ratio of 48 percent indicated that the scope of the domestic financial sector's ...

New OJK regulation instructs banks to ensure cybersecurity

Commercial banks must ensure the resilience and security of their banking information technology (IT) system in ...

Insurance industry has grown 8.67% annually in past 5 years: OJK

The insurance industry has clocked a growth of 8.67 percent per year on average in the past five years, chief executive ...

Tokio Marine North America Services (TMNAS) announces new collaboration with Akur8 to strengthen their pricing process

Tokio Marine North America Services (TMNAS) and Akur8 are thrilled to announce their new partnership, which amplifies ...

Total assets of insurance industry reach Rp1,637 trillion in March

The total assets of the insurance industry reached Rp1,637 trillion in March 2022, an increase of 12.9 percent compared ...

Govt urges insurance firms to continue to transform amid challenges

Deputy Minister of State-Owned Enterprises (SOEs) Kartika Wirjoatmodjo has urged insurance companies to continue ...

Finance Minister outlines five pillars to reform finance sector

Finance Minister Sri Mulyani outlined the government's five strategic pillars in designing the reformation of ...

OJK targets US$1 million of e-commerce transactions at Gernas BBI

The Financial Services Authority (OJK) has targeted transactions through e-commerce at the West Sumatra Proud of ...

New OJK Commissioners should solve problems in insurance industry: DPR

The House of Representatives' (DPR's) official stated that the new 2022-2027 Financial Services Authority (OJK) ...

Sharia insurance is important to develop sharia finance industry: VP

Vice President Ma'ruf Amin has highlighted the importance of sharia insurance to develop the sharia financial ...

VP highlights four key factors to optimize sharia insurance industry

Vice President Ma'ruf Amin put the spotlight on four key factors to optimize the sharia financial industry and ...

VP emphasizes 4-pronged approach to improve sharia insurance industry

Sharia insurance assets grew amid economic instability due to the COVID-19 pandemic, with the sharia life insurance ...

FRISS: Tower pinpoints fraud to enable faster claims with new AI partnership

Tower is set to further automate the process of detecting genuine and suspicious claims in real time, to allow for a ...

Best’s Market Segment Report: AM Best revises outlook on Indonesia’s non-life insurance market to negative

AM Best has revised its market segment outlook on Indonesia’s non-life insurance market to negative from stable, ...

Post-pandemic insurance market to recover quickly, AAUI forecasts

The total global insurance premiums in 2021 are expected to be 10 percent higher than in the period before the 2019 ...