In the world’s most populous Muslim nation where over 85% of the population ascribes to the faith, Indonesia’s sharia-compliant insurance segment (takaful) remains marginal at a mere 3.9% of industry assets in 2012, according to a June 2013 report by rating agency Fitch. While proportionately small compared to neighbouring countries like...
As the government plans to begin reforming its social security system in 2014, private underwriters expect more profitable growth in health insurance. While there are five parallel schemes providing social security, some 37% of Indonesians, or around 88m people, have no health insurance and faced spiralling out-of-pocket medical expenses in 2012...
How are life insurance firms tailoring their strategies to attract Indonesia’s growing middle class and what progress has been made?
Indonesian authorities are making moves to liberalise commerce by leveraging existing bilateral and multilateral trade agreements and moving ahead with closer integration with traditional partners. While its trade policy has not always been consistent in its liberalisation in recent years, eliciting complaints through the World Trade...
What challenges do ASEAN countries face before inaugurating the Economic Community in 2015?
A significant actor in global trade and investment, and a member of the G20 group of the world’s largest economies, Indonesia has achieved a strong record of attracting foreign direct investment (FDI) and rebalancing its trade patterns toward high-growth markets. The authorities have developed new markets for exports while encouraging investment...
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×