Newsletter
Indonesia in focus: What's new in Non-life April 2024
25 April 2024
This edition of Milliman’s Indonesia non-life insurance newsletter covers developments from the second half of 2023. We first discuss market performance and the following topics:
- New products
- Distribution channel
- Insurtech
- Other insurer initiatives
- Mergers and acquisitions
- Key appointments
- Regulatory updates
- General Syariah insurance, including industry performance and market movements
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Indonesia in focus: What's new in Non-life April 2024
We recap developments in Indonesia's non-life insurance market for the second half of 2023, including annualized 15.3% premium growth in the fourth quarter.
Pang-Hsiang Chye, Renuka Subramaniam, Tharan Ganesan, Ham Victoria Janice Hartono