In brief
Investors in the insurance sector should take note of a number of important new or notable concepts that were introduced in a new law on insurance (the New Law) that was passed by the Indonesian Parliament on 23 September 2014. The New Law replaced the now outdated 1992 Insurance Law (the Old Law). As well as introducing these new concepts, the New Law also consolidated, to a significant extent, existing regulation and policy.
For more, download the publication (Adobe Acrobat PDF - 277KB).