Igloo, Southeast Asia's only full-stack AI insurtech company building the operating system for insurance, announced on Tuesday a strategic partnership with Chubb Life Insurance Vietnam Company Limited and PT Chubb Life Insurance Indonesia (jointly referred to as "Chubb Life") to distribute insurance solutions across Vietnam and Indonesia through Ignite by Igloo, its insurance sales intermediary platform and network.
Regulators, investors and executive leadership teams are increasingly treating cyber incidents not as technical failures but as matters of governance, resilience and accountability.
The depreciation of the Indonesian rupiah is raising concerns among insurers about a potential increase in health insurance claims costs, driven by higher prices for imported medical supplies and equipment.
The credit insurance claims ratio in the combined general insurance and reinsurance industry was 97% in March, an improvement from 108.40% in February 2026, according to data from the Financial Services Authority (OJK).
The Indonesian Export Financing Agency (LPEI) has projected growing demand for export failure insurance products amid rising global geopolitical tensions that are affecting the stability and certainty of international trade for Indonesian exporters.
Swiss Re Asia has appointed Mr Daniel Neo as a member of the Board of Directors, effective 1 June 2026.
Indonesia's Financial Services Authority (OJK) has extended the deadline for insurance companies to submit audited financial reports under Financial Accounting Standards Statement (PSAK) 117, citing the need for additional implementation time among some insurers.
Indonesia is now officially an ageing nation, according to the 2025 Intercensal Survey (SUPAS) published by Statistics Indonesia (BPS).
Philippine President Ferdinand Marcos Jr called on ASEAN bloc members to ensure regional energy security and resilience, as he opened the 48th ASEAN Summit Retreat in Cebu on 8 May.
Indonesia Re assessed that the pressure on the rupiah exchange rate against the dollar has the potential to increase reinsurance costs amid the escalation of conflict in the Middle East.