Indonesia’s Ministry of State-Owned Enterprises will transfer policies worth IDR38 trillion (US$2.4 billion) in the “biggest restructuring ever in the history of Indonesia's insurance industry.”
Conduct issues still lead to complaints, but complaints are down YoY, with a comparison of data from the first half of 2024 revealing a further downward trend.
The use of a mixture of market and book values for Japan’s current accounting and solvency regulatory regimes could put short terms strain on insurers’ balance sheets.
