79% of Insurance Companies Meet Equity Requirements, OJK Monitors 7 Entities

Jakarta, CNBC Indonesia — The Financial Services Authority (OJK) reports that the majority of insurance and reinsurance companies have met the minimum equity requirements for Phase I in 2026.

The Executive Head of Insurance, Guarantee, and Pension Fund Supervision at OJK, Ogi Prastomiyono, stated that as of February 2026, 114 insurance and reinsurance companies out of a total of 144, or approximately 79.17%, have fulfilled the required minimum equity provisions.

“Regarding the Phase 1 2026 equity policy, as of February, there are 114 insurance and reinsurance companies out of 144, or 79.17%, that have met the minimum equity amount,” he said during the Financial Services Sector Assessment and OJK Policy Press Conference on Monday (6/4/2026).

Nevertheless, OJK is still conducting special supervision of seven insurance and reinsurance companies, as well as seven pension funds (dapen).

On the other hand, the overall performance of the insurance industry shows a growth trend. The value of commercial insurance industry assets has increased annually, accompanied by premium growth, although fluctuating in some segments.

OJK data indicates that commercial insurance premiums stood at around Rp62.37 trillion in February 2026. Meanwhile, life insurance premiums were recorded at Rp32.39 trillion, and general insurance and reinsurance premiums at around Rp29.98 trillion.

From a capitalisation perspective, the solvency ratio (Risk Based Capital/RBC) of the industry remains above the threshold set by the regulator, reflecting the maintained resilience of the insurance sector.

Meanwhile, the total assets of the insurance industry reached approximately Rp1,219 trillion in February 2026, growing 6.8% annually.

OJK emphasises that it will continue to conduct supervision to ensure compliance with equity provisions and to maintain the stability of the insurance and pension fund industry.