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Written for insurance company executives, agents, brokers, analysts, risk managers, underwriters, attorneys and other insurance professionals, the magazine focuses on the business of insurance, spotlighting such key interests as agent/broker issues, health and employee benefits, life insurance, property/casualty insurance, regulatory and legal developments, reinsurance, capital markets and technology.

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Publisher: A.M. Best Company

Other Resources from: A.M. Best Company

Chairman of BAPEPAM-LK Ahmad Fuad Rachmany said, capital of the insurance company in Indonesia at this time was very barely adequate (limited) so as always more uncompetitive with the foreign insurance company. “Until now our insurance company the capital was” barely adequate”, therefore always more uncompetitive by the foreign insurance,” said Fuad Rahmany in the socialization of regulations of BAPEPAM-LK about the funding company in the Dhanapala Building of Jakarta (Department of Finance Republic of Indonesia), on Thursday (24/7).

Responded to the existence of the objection about the minimal capital rule for the insurance company, Fuad said, the government made the rule precisely push the growth of the insurance industry. “The insurance must have strong capital so that he could grow, would until now our insurance company the capital was barely adequate, therefore he always more uncompetitive by the foreign insurance,” he stressed. BAPEPAM-LK maintained minimal capital of the end insurance company 2008 as big as Rp40 billion, in 2009 minimal Rp75 billion, and in 2010 minimal Rp100 billion.
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