Mondaq All Regions - Indonesia: Insurance
SSEK Indonesian Legal Consultants
Meanwhile, the rules on foreign ownership of insurance companies remain unsettled.
Baker & McKenzie - Hadiputranto, Hadinoto & Partners
The OJK is mandated by the Insurance Law to issue implementing regulations on many of these issues. While the OJK has issued several implementing regulations, there are still regulations to be issued.
Makarim & Taira S.
Regulation 2 provides certain mandatory Good Corporate Governance business practices that insurance companies must apply.
Makarim & Taira S.
The new bill regulates Sharia insurance as well as the businesses of general insurance, life insurance, and reinsurance.
Norton Rose Fulbright Australia
The New Insurance Law does introduce several fundamental changes that foreign investors need to consider carefully.
Makarim & Taira S.
A new law on insurance is expected to be passed by the House and will replace the 1992 Law.
Makarim & Taira S.
The Regulation aims to improve the insurance industry and protect insured persons from financially unhealthy insurers,.
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