How do you assess the overall development of Indonesia’s life insurance sector?
Interviews & Viewpoints | Rinaldi Mudahar, President-Director, Prudential Indonesia: Interview from The Report: Indonesia 2015
Articles & Analysis | Reconsidering lowering the foreign shareholding limit in Indonesia's insurance sector from The Report: Indonesia 2015
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...
Articles & Analysis | Demographics, economic expansion and new regulations driving insurance sector growth in Indonesia from The Report: Indonesia 2015
As with the banking sector, insurance in Indonesia is on the cusp of wide-reaching change. Given the country’s large population of nearly 250m – expanding by more than 1% per annum – its growing middle class and a GDP rising at about 6% a year, the insurance sector stands to benefit from these fundamentals in the years ahead. Indeed, at just $77, insurance density in Indonesia...
Articles & Analysis | Developing the Islamic capital markets offering in Indonesia from The Report: Indonesia 2015
Although Indonesia has the world’s largest Muslim population, it trails many other markets in terms of uptake, awareness and product innovation in Islamic capital markets. As of the end of May 2015, only 3.3% of corporate bonds and 11.8% of government bonds by value were sharia-compliant. By contrast, in Malaysia half of all debt issued meets Islamic standards.
Articles & Analysis | Share analysis: Bumi Serpong Damai – real estate from The Report: Indonesia 2015
THE COMPANY: Established in 1984, Bumi Serpond Damai (BSDE) is a property developer well known for its success in developing BSD City in Serpong, Banten, from a mere plot of land into a highly populated satellite city with over 160,000 people. The city is accessible through two toll roads, namely, the Jakarta-Serpong and Bintaro-...
Interviews & Viewpoints | Michael Steven, President-Director, Kresna Securities: Interview from The Report: Indonesia 2015
How would you describe the regulatory environment in Indonesia’s capital markets sector, and what needs to improve?