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Indonesia Not Collect Premium to Help Banks Face the COVID-19

JAKARTA (TheInsiderStories) - The Indonesian Deposit Insurance Corporation decided not to collect the guarantee premium from banks in the second semester, to help the industry manages...

Indonesia’s Life Insurance Reached US$10.26B in Third Quarter

JAKARTA (TheInsiderStories) - Total life insurance premium in Indonesia reached of Rp143.7 trillion (US$10.26 billion) in the third quarter (3Q) of 2019, the association told the...

Indonesian Life Insurance Income Drops 84.5% Percent in 2018

JAKARTA (TheInsiderStories) - The Association of Indonesian Life Insurance recorded returns on investment income over the past year plunged 84.5 percent from Rp50.45 trillion in...

Indonesia’s General Insurance Premiums Grow 10% in 2019

JAKARTA (TheInsiderStories) - Indonesian General Insurance Association predicts that general insurance premiums could grow 10 percent this year to Rp 77 trillion (US$5.5 billion),...

Income of Indonesian Life Insurance Slowing Down in 3Q 2018

JAKARTA (TheInsiderStories) - The Indonesian Life Insurance Association noted that total revenue from life insurance in the third quarter (3Q) of 2018 slowed 15.5...