Video: This Insurance Business is Predicted to Profit as War Heats Up
The Indonesian insurance industry up to February 2026 recorded a 6.8% year-on-year asset growth to Rp1,219.35 trillion, with premium income rising 3.5% year-on-year to Rp62.37 trillion. INARE President Commissioner Firdaus Djaelani stated that this early 2026 performance increase aligns with strong economic growth, enabling the reinsurance industry to achieve premium growth of up to 7.41%. Insurance premium growth trends must be accompanied by good industry practices, including healthy underwriting quality and prompt claims payments. AAUI (Indonesian General Insurance Association) data notes a 10% growth in 2026, mainly in the property sector which could rise by 8%, as well as credit insurance up to surety (guarantee), marine hull insurance, and motor insurance in line with the development of electric motorcycles. Nevertheless, several sectors such as health insurance and insurance with large claims will still face challenges. So, what is the development of Indonesia’s insurance industry in 2026? For more details, watch the dialogue between Andi Shalini and INARE President Commissioner Firdaus Djaelani in Power Lunch, CNBC Indonesia (Monday, 13/04/2026).