This edition of Milliman’s Indonesia Life Insurance Newsletter covers market performance for the first quarter of 2024 and industry developments for the second quarter. Market performance data includes metrics such as net premium income, net profit before tax and other comprehensive income (OCI), total claims and benefits, net profit, total assets, and technical reserves. We also discuss the following items:
- New products in traditional market, unit-linked, and microinsurance
- Regulatory developments
- Distribution updates
- Other recent developments