Indonesian Political, Business & Finance News

Video: War Drives Up Global Reinsurance Premiums, What Should the Industry Do?

| Source: CNBC Translated from Indonesian | Finance
Video: War Drives Up Global Reinsurance Premiums, What Should the Industry Do?
Image: CNBC

Jakarta, CNBC Indonesia - President Commissioner of INARE, Firdaus Djaelani, states that insurance in the property sector, credit insurance, surety (guarantee), marine hull insurance, and motor insurance are forecasted to have positive growth opportunities throughout 2026, in line with the improving purchasing power trend and government policy support. Firdaus Djaelani says the US vs Iran war remains a challenge for the industry in 2026, thus requiring efforts to boost quality growth in the insurance industry, not just premium growth but also surging claims. For the reinsurance industry, it must also anticipate increasing risks in facing the impact of war, considering that many insurance companies still rely on foreign reinsurance companies while global reinsurance prices are potentially rising, which will affect the purchasing power of Indonesian insurance. What are the strategies and the impact of global turmoil on the insurance industry? For more details, watch the dialogue between Andi Shalini and President Commissioner of INARE, Firdaus Djaelani in Power Lunch, CNBC Indonesia (Monday, 13/04/2026).

View JSON | Print