Government efforts to loosen regulations banning foreigners from directly owning property in Indonesia promise to bolster tax revenues and spur greater investor interest.
Government efforts to loosen regulations banning foreigners from directly owning property in Indonesia promise to bolster tax revenues and spur greater investor interest.
The ASEAN Economic Community’s (AEC) launch in 2015 is likely to have an impact on the region’s insurance industry. As the single market emerges, financial services will become borderless, products from one country will be sold in others, labour will be portable and companies will branch out into markets outside their home jurisdictions. However, the method and pace of...
Despite the talk of restrictions on foreign investment in insurance in Indonesia, international companies remain interested and active in the sector. A number of significant deals were completed in 2015, with others in the works, suggesting that the market’s potential outweighs the risk of ownership limits being put in place. For local insurance companies, capital pressures...
Already in operation for a year, Indonesia's national health insurance scheme (JKN) aims to provide cover to the entire nation by 2019, and private insurers are paying close attention. The JKN is expected to create opportunities for the private sector, as Indonesians become more aware of their insurance needs and potentially more inclined to buy supplemental cover. “The...
There is significant foreign participation in the Indonesian insurance sector, with two-thirds of life assets held by companies with some investment from overseas, according to figures from the Financial Services Authority (OJK). However, the openness of the insurance market is being reconsidered on an ongoing basis, and it remains unclear whether foreign shareholdings will...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×