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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, November 7, 2026

Indonesia.

News and analysis of insurance in Indonesia, covering market trends, regulation, underwriting, claims, and key industry developments.

Features and key stories

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Illustration of a mountain with a flag for 2026 and a path leading to a summit with a flag for 2028.
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Mandarin Re targets growth with existing cedants amid softening market
COO Grishin sees expansion opportunities in the Philippines, Thailand and Malaysia, but growth will be driven primarily by existing clients in Vietnam and Indonesia.

Thailand leads Asia commercial rate declines in Q3 as property softening deepens
Taiwan, South Korea and Malaysia followed with declines of 15%, 13% and 10%, while Japan and Vietnam were the only markets to record increases, according to Marsh.

Indonesian insurers on track for end-2026 capital rules, but 2028 poses bigger test
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.

Vietnam breaks from Asia’s soft market trend as commercial rates rebound to 15% in Q4
Korea led the region’s softening with a 17% composite rate drop, while Taiwan and Hong Kong SAR also posted double-digit declines, according to Marsh data.

APAC insurance outlook: Geopolitical unrest, technology to shape 2026
Maduro's capture sets the stage for a potentially turbulent 2026, in which insures will juggle geopolitical shifts, technology-linked challenges, and new regulatory frameworks.

Zurich targets SME insurance growth in underserved markets in APAC
Insurer is betting on automation, product design, and a supportive distribution network to fuel growth in the segment.

APAC insurance capital rules boost demand for structured solutions
Reinsurance is playing an increasingly important role in optimising capital as part of strategic balance sheet management.

OJK looks to shake up Indonesia's insurance industry with massive capital hikes
Regulator's shock and awe campaign is a "significant global MCR event," says Guy Carpenter's Justin Ward.

Pricing, tech, and consortiums key to solving capacity crunch as Indonesia's mandatory TPL looms
Motor insurers are anticipating opportunities that will arise from mandatory third-party liability, but changes have the potential to reshape the market.

Barriers to overseas risk placement hinders APAC market development
Too many barriers still exist for cross-border reinsurance – and things could get worse.

Demographics and GDP growth to power SEA health insurance sector 
Southeast Asia's young population and varying levels of public healthcare pose challenges and opportunities to private insurers.
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Latest

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People moves

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29 September 2026
Aon hires Shinta Kusdya as head of commercial risk sales in Indonesia
24 September 2026
Prudential names Naveed Irshad regional CEO for Indonesia, Philippines and Africa
31 August 2026
Chubb promotes Candy Huang to Southeast Asia financial lines leadership role
04 August 2026
Aon taps Stephen as Indonesia CEO
20 February 2026
Naresh Krishnan named president director of Chubb Life Indonesia
30 January 2026
Indonesia’s AAUI chairman Budi Herawan named 2026 ASEAN Insurance Council chairman
09 January 2026
Marsh McLennan Indonesia promotes Jason Mandera to CEO
04 September 2025
Aon appoints Andrew Minnitt and Qin Lu to lead Southeast and North Asia
05 August 2025
Prudential Hong Kong announces three new C-Suite appointments
17 July 2025
Allianz Trade promotes Ivy Wanda Sthefvanie to Commercial Manager in Indonesia
14 July 2025
Aon appoints senior leadership roles in Singapore, Indonesia, Malaysia
08 July 2025
Jason Mandera appointed President Director for Marsh Indonesia

Editor's choice

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Night market stalls and diners line a street beneath ornate, brightly lit street lamps.
Igloo, DANA put parametric rain protection in Indonesian wallets
Prudential plc appoints Naveed Irshad as Regional CEO for Indonesia, Philippines and Africa
Fitch Downgrades Asuransi Bintang to 'BBB+(idn)'; Places on Rating Watch Negative

All stories

Chubb Asia elevates Candy Huang regional manager for South East Asia
Rate changes, portfolio restructuring help improve Lippo General's 2025 performance as AM Best affirms A- rating
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City skyline with translucent multicolored area charts overlaid to illustrate urban data trends and growth.
Close-up of a world map focusing on Indonesia, showing major islands and surrounding seas in bright colors.
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Stephen, Indonesia CEO, appointed by Aon, in front of Jakarta skyline.
City skyline with translucent pink, green, and teal area/line graphs showing data trends over the buildings at speedway-like highways.
City skyline overlaid with colorful translucent data charts showing upward trends in a business district, suggesting growth and analytics.
Illustration of a mountain with a flag for 2026 and a path leading to a summit with a flag for 2028.
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