According to the Indonesia Insurance Statistics published by the Financial Services Authority, the Indonesian life insurance industry slowed down in the first quarter of 2019 compared to the first quarter of 2018. Over Q1 2019, the life insurance industry remained profitable before tax and other comprehensive income (OCI). However, profit before tax and OCI in Q1 2019 was significantly lower than Q1 2018.
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Indonesia Life Insurance Newsletter, August 2019
Developments in the Indonesian life insurance industry during the period 1 April 2019 to 30 June 2019
Brian Colgan, Halim Gunawan, Richard Holloway, David Kong