Regional insurers have proved AI can improve existing processes, but the technology's full promise lies in the harder work of making it core to how they operate.
As the region's wealthy population expands, insurers are investing in global HNW platforms and bigger underwriting limits while navigating emerging risks from premium financing and portfolio concentra...
More than 80% of insurers have already met OJK's 2026 requirements, but experts say capital alone will not fix weak fundamentals as tougher 2028 rules loom.
Industry participants say the proposed framework, set to launch by 2028, could reduce costs, improve operational efficiency and support broader adoption of captives and insurance-linked securities.
Actuaries are examining how quantum error correction breakthroughs could sharpen nat cat models and parametric pricing, though the technology would bring new risks.
