Key Market Indicators
Indonesia's gross written premium is set to reach US$19.2 billion by 2026, according to a new report. This is up 0.6% year on year, from US$17.9 billion in 2021. Since 2017, Indonesia's insurance market has grown at an average rate of 0.7% year on year. In 2021, the country was the 26th largest in the world, overtaken by Austria at US$17.9 billion. The United Kingdom, Japan, and Germany followed as the second, third, and fourth largest markets, respectively.
Indonesia Insurance Consumer Trends Articles
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Indonesia Insurance Market Report- Q4 2024
The Indonesian insurance market has shown resilience and adaptability in Q4 2024, navigating various economic and regulatory changes. The sector continues to expand,...