Indonesia Archives - InsuranceAsia News https://insuranceasianews.com/country/indonesia/ Fri, 02 Jan 2026 05:36:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Hanwha General Insurance secures controlling stake in Indonesia’s Lippo General Insurance https://insuranceasianews.com/hanwha-general-insurance-secures-controlling-stake-in-indonesias-lippo-general-insurance/ Fri, 02 Jan 2026 02:00:25 +0000 https://insuranceasianews.com/?p=207873 Korean insurer has increased its shareholding to 61.5% after acquiring a 46.6% stake previously held by Hanwha Life Insurance Indonesia.

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Hanwha General Insurance has increased its total shareholding in Indonesian insurer Lippo General Insurance to 61.5% after acquiring a 46.6% stake previously held by Hanwha Life Insurance Indonesia.
T...

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Asia Reinsurance Brokers names Aon’s Inti Amaliah as president for Indonesia https://insuranceasianews.com/asia-reinsurance-brokers-names-aons-inti-amaliah-as-president-for-indonesia/ Thu, 01 Jan 2026 04:22:35 +0000 https://insuranceasianews.com/?p=207786 She has more than 27 years of experience in the (re)insurance industry, and will assume the new role on January 12, subject to regulatory approval.

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Asia Reinsurance Brokers (ARB) has appointed Inti Amaliah as its president for Indonesia, subject to regulatory approval, according to a press release.
Amaliah (pictured), who has more than 27 years o...

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Coface appoints Marsinta Marpaung as Indonesia country manager https://insuranceasianews.com/coface-appoints-marsinta-marpaung-as-indonesia-country-manager/ Fri, 19 Dec 2025 02:50:15 +0000 https://insuranceasianews.com/?p=207354 Jakarta-based Marpaung, who joined the insurer in September 2024 as business leader for Indonesia, will report to APAC CEO Hugh Burke. 

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Trade credit insurer Coface has promoted Marsinta Marpaung to the newly created role of country manager for Indonesia, effective from December 1, according to a press release.
Jakarta-based Marpaung (...

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Storms batter Southeast, South Asia, inflicting over US$20bn in economic losses: Aon https://insuranceasianews.com/storms-batter-southeast-south-asia-inflicting-over-us20bn-in-economic-losses-aon/ Fri, 05 Dec 2025 08:34:06 +0000 https://insuranceasianews.com/?p=206185 Thailand estimates Cyclone Senyar to be among its costliest, while Indonesia is reporting billions of dollars in damages and Cyclone Ditwah in Sri Lanka is projected to be the country's deadliest since 1978.

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Tropical Storm Senyar, which followed a rare track through the Strait of Malacca, has triggered and contributed to widespread flooding in Thailand and Indonesia, with combined economic losses estimate...

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APAC non-life insurers to remain stable in 2026 as capital strength offsets regulatory, catastrophe pressures: Fitch https://insuranceasianews.com/apac-non-life-insurers-to-remain-stable-in-2026-as-capital-strength-offsets-regulatory-catastrophe-pressures-fitch/ Thu, 04 Dec 2025 06:22:06 +0000 https://insuranceasianews.com/?p=206072 Stable margins and strong solvency expected, Fitch says, with disciplined pricing and steady reinsurance support underpinning a neutral outlook.

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Non-life insurers in Asia Pacific are expected to maintain a resilient performance in 2026, supported by stable operating margins and strong solvency buffers, although evolving capital reg...

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Thailand, Malaysia, Indonesia reel from flood damage, losses in the ‘hundreds of millions’: Aon https://insuranceasianews.com/thailand-malaysia-indonesia-reel-from-flood-damage-losses-in-the-hundreds-of-millions-aon/ Fri, 28 Nov 2025 09:48:57 +0000 https://insuranceasianews.com/?p=205671 Cyclone Senyar, a rare tropical cyclone in the Malacca Strait, and heavy rainfall triggered flooding that affected millions, with total economic damage in Thailand estimated at US$360–740m.

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Persistent heavy rainfall and Cyclone Senyar, a rare tropical cyclone in the Malacca Strait, triggered flooding that affected millions in Thailand, Malaysia, and Indonesia, causing widespread damage a...

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Sompo Indonesia appoints Doly Ritonga as executive officer https://insuranceasianews.com/sompo-indonesia-appoints-doly-ritonga-as-executive-officer/ Fri, 28 Nov 2025 04:13:45 +0000 https://insuranceasianews.com/?p=205599 He has over two decades of experience working in insurance, and joins from local assurance firm Avrist.

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Sompo has named Doly Ritonga as its executive officer for Indonesia, he said in a LinkedIn post.
A veteran with over two decades of experience working in insurance, Jakarta-based Ritonga (pictured) jo...

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Allianz Commercial, Coastal Marine team up for APAC marine hull coverage https://insuranceasianews.com/allianz-commercial-coastal-marine-team-up-for-marine-hull-coverage-in-apac/ Tue, 18 Nov 2025 04:22:46 +0000 https://insuranceasianews.com/?p=204789 Partnership will initially focus on Coastal Marine's core offering of hull and machinery for coastal and inland tonnage in Indonesia, Singapore, Malaysia, Thailand, and Hong Kong.

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Allianz Commercial have partnered with marine MGA Coastal Marine Asia Underwriting to provide marine hull insurance solutions in the Asia Pacific, according to a press release.
The agreement, signed b...

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Ongoing reserve adjustments, slow business growth to hurt Eka Lloyd: Fitch Ratings https://insuranceasianews.com/ongoing-reserve-adjustments-slow-business-growth-to-hurt-eka-lloyd-fitch-ratings/ Mon, 10 Nov 2025 06:33:11 +0000 https://insuranceasianews.com/?p=204222 Global rating agency downgrades PT Asuransi Eka Lloyd Jaya’s insurer rating to BBB (idn) from BBB+(idn).

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Fitch Ratings has downgraded PT Asuransi Eka Lloyd Jaya’s (Eka Lloyd) insurer rating to BBB (idn) from BBB+ (idn), citing sustained capital weakness stemming from ongoing reserve adjustments and a slo...

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Premium growth, economic resilience benefit Indonesian non-life insurers despite underwriting pressures: AM Best https://insuranceasianews.com/premium-growth-economic-resilience-benefit-indonesian-non-life-insurers-despite-underwriting-pressures-am-best/ Thu, 09 Oct 2025 09:47:00 +0000 https://insuranceasianews.com/?p=201586 The rating agency maintained a stable outlook on Asean country's non-life insurance segment, reflecting expectations of continued premium expansion.

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Indonesia’s non-life insurers are expected to benefit from resilient premium growth and steady investment income, underpinned by the country’s robust economic fundamentals and ongoing regulatory refor...

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