SINGAPORE, Oct 9 (Bernama) -- AM Best has maintained its outlook on Indonesia’s non-life insurance segment at stable, citing resilient growth prospects, ongoing regulatory refinements and robust investment returns.
According to the Best’s Market Segment Report, “Market Segment Outlook: Indonesia Non-Life Insurance,” AM Best expects continued expansion in Indonesia’s non-life market, supported by ongoing infrastructure development, solid household consumption and sustained government spending, which should drive higher demand for commercial insurance. In addition, rising health care awareness is expected to boost growth of the health insurance segment.
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
