Indonesia: Insurance industry sees sedate 3% increase in premiums in 2023

Published on February 28, 2024
The insurance industry in Indonesia chalked up total premium income of IDR320.88tn ($20.50bn) in 2023, an increase of 3.02% over 2022, according to the Financial Services Authority (OJK).
Continue reading on website
Other news

Thailand: Life insurance business grows stably to nearly US$18bn in 2023

February 28, 2024
Thailand's life insurance industry premiums totalled THB633bn ($17.6bn) in 2023, up 3.61% from a year earlier, with the top 10 companies having a combined market share of 92.5%, revealed Mr Sara

Munich Re's profit for 2023 drops, affected by high 2022 net results

February 28, 2024
Munich Re posted a profit of EUR4,597m ($4,988m) in 2023, 13.4% lower than the EUR5,309m reported for 2022, says the global reinsurance giant in statements released yesterday. In the 2023 financial