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#Insurance

IFG Provides Protection for Free Homecoming Participants 2025

The state insurance holding company Indonesia Financial Group (IFG) provides insurance protection for 23,093 homecoming participants ahead of the Eid al-Fitr holiday in 2025, in the “Mudik Gratis Bersama BUMN” [Free Homecoming Trip with SOEs] program.

OJK plans to increase minimum paid-up capital requirement for insurance companies

The Financial Services Authority (OJK) is set to introduce new regulations regarding the minimum capital requirements for insurance and reinsurance companies, both conventional and Sharia-compliant.

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