Life and Non-Life Insurance Market in Indonesia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Indonesia Life and Non-Life Insurance Market Report is Segmented by Insurance Type (Life (Individual and Group) and Non-Life Insurance (Home, Motor, Health, And Rest of Non-Life))and Distribution Channel (Direct, Agency, Banks, Online, And Other Distribution Channels). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Life and Non-Life Insurance Market in Indonesia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Indonesia Life & Non-Life Insurance Industry Overview

The Indonesian life and non-insurance markets are moderately fragmented. Some local and international players lead the market in the market. The market is expected to grow due to the growth of Insurtech in the sector, with merger and acquisition activities and other factors. The key players include Great Eastern Life Indonesia PT, GlobalSurance PT, ASURANSI RELIANCE INDONESIA, Asuransi Jasindo KC Bandar Lampung, and PT KB Insurance Indonesia.

Indonesia Life & Non-Life Insurance Market Leaders

  1. Great Eastern Life Indonesia. PT

  2. GlobalSurance

  3. PT. ASURANSI RELIANCE INDONESIA

  4. Asuransi Jasindo KC Bandar Lampung

  5. PT KB Insurance Indonesia

  6. *Disclaimer: Major Players sorted in no particular order
Indonesia Life & Non-Life Insurance Market Concentration