This edition of Milliman’s Indonesia Life Insurance Newsletter covers developments from the first quarter 2021. The update covers market performance and information on new products. Also included is a summary of an announcement by the Financial Services Authority (OJK) and developments in capital management. We then provide an update on the troubled insurers Asuransi Jiwasraya, AJB Bumiputera, and Asuransi Jiwa Kresna. Also discussed are regulatory developments, distribution updates, and macroeconomic trends.
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Indonesia Life Insurance Newsletter: First Quarter 2021
Life in Indonesia: Our review of industry developments from the first quarter.