KUALA LUMPUR, Oct 8 (Bernama) -- AM Best has maintained its stable outlook on Indonesia’s non-life insurance segment, citing resilient macroeconomic fundamentals that continue to support premium growth prospects and insurers’ operating earnings.
Business : Indonesia Insurers Face Margin Pressure Despite Stable Outlook - AM Best
Indonesia Insurers Face Margin Pressure Despite St
BE Bernama 
Key points
- According to its Best’s Market Segment Report, “Market Segment Outlook: Indonesia Non-Life Insurance”, regulatory measures are strengthening financial resilience and risk management, while steps to manage medical inflation are expected to benefit the domestic health insurance sector.
- Indonesia’s non-life segment continues to increase pricing in response to rising claims costs, higher claims frequency and pressure on underwriting margins.
- Non-life insurers continue to benefit from adequate reinsurance capacity, supported by access to both domestic and international reinsurance markets.
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