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  • Article

    Insurance & Reinsurance – Indonesia

    SSEK Law Firm partner Fitriana Mahiddin has contributed the Indonesia chapter to The Legal 500 Insurance & Reinsurance 2023 comparative guide.
    IndonesiaInsurance
    SSEK Law Firm
    SSEK Law Firm
  • Article

    Insurance & Reinsurance – Indonesia

    The Insurance & Reinsurance 2023 guide provides a pragmatic overview of the law and practice of insurance and reinsurance law.
    IndonesiaInsurance
    SSEK Law Firm
    SSEK Law Firm
  • Article

    Insurance Requirements For Foreign Nationals Employed Short-Term

    The government of Indonesia announced that employers will be required to obtain ASTAKA insurance for foreign national employees assigned to the country on a short-term basis...
    IndonesiaImmigration
    Envoy Global, Inc.
    Envoy Global, Inc.
  • Article

    Guide To Insurance In Indonesia: Licensing, Regulation And Market Trends

    SSEK Law Firm partner Fitriana Mahiddin, senior associate Maria Yudhitama Eka Dewi and associate Olivia Karlina have authored the Indonesia chapter of a global comparative...
    IndonesiaInsurance
    SSEK Law Firm
    SSEK Law Firm
  • Article

    Insurance Companies In Indonesia Must Follow Requirement On Ultimate Shareholders

    Meanwhile, the rules on foreign ownership of insurance companies remain unsettled.
    IndonesiaInsurance
    SSEK Law Firm
    SSEK Law Firm
  • Article

    OJK Revises Financial Soundness Requirements For Indonesia's Insurance Sector

    On 6 April 2023 Indonesia's Financial Services Authority, OJK, issued further amendments to the insurance financial soundness requirements (OJK Reg 5/2023), with immediate effect.
    IndonesiaInsurance
    Herbert Smith Freehills Kramer LLP
    Herbert Smith Freehills Kramer LLP
  • Article

    Indonesia Tech Deals Vol.-10 - July 2024

    The tech winter, which began in 2023, has continued to impact the tech industry in Indonesia.
    IndonesiaStrategy
    Nusantara Legal Partnership
    Nusantara Legal Partnership
  • Article

    Cabotage And Its Impact In Indonesia

    Cabotage principles were implemented when the domestic shipping industry in Indonesia almost collapsed as a result of foreign vessels engaging in coastwise transportation.
    IndonesiaTransport
    Clyde & Co
    Clyde & Co
  • Article

    Corporate governance for insurance companies

    Regulation 2 provides certain mandatory Good Corporate Governance business practices that insurance companies must apply.
    IndonesiaInsurance
    Makarim & Taira S.
    Makarim & Taira S.
  • Article

    After Push From The Industry, Government Relaxes The Foreign Ownership Restrictions In Insurance Companies

    Previously, recognising the role of foreign insurance companies and foreign investors with their capital, experience and technology, the Indonesian government issued Government Regulation No. 14 of 2018 ("Regulation 14/2018") ...
    IndonesiaInsurance
    Assegaf Hamzah & Partners
    Assegaf Hamzah & Partners
  • Article

    Insurance Requirement For Employers Of Short-Term Foreign Workers In Indonesia

    Employers that hire foreign workers (Tenaga Kerja Asing or "TKA") to work in Indonesia for less than six months must now register the TKA in an insurance program that at least guarantees protection for work accidents.
    IndonesiaInsurance
    SSEK Law Firm
    SSEK Law Firm
  • Article

    Indonesia Relaxes Foreign Ownership Rules For Insurance Companies

    The Government of Indonesia ("GOI") has issued Government Regulation No. 3 of 2020 ("GR 3"), which amends Government Regulation No. 14 of 2018 regarding Foreign Ownership in Insurance-Related Companies.
    IndonesiaCorporate/Commercial Law
    SSEK Law Firm
    SSEK Law Firm
  • Article

    New Requirements For Employers Of Short-Term Foreign National Employees

    The government of Indonesia introduced additional requirements for employers hiring foreign nationals for short-term work purposes. Under these new requirements...
    IndonesiaEmployment and HR
    Envoy Global, Inc.
    Envoy Global, Inc.
  • Article

    New Insurance Bill passed in Indonesia

    The new bill regulates Sharia insurance as well as the businesses of general insurance, life insurance, and reinsurance.
    IndonesiaInsurance
    Makarim & Taira S.
    Makarim & Taira S.
  • Article

    Indonesia’s parliament passes New Insurance Law

    The New Insurance Law does introduce several fundamental changes that foreign investors need to consider carefully.
    IndonesiaInsurance
    Norton Rose Fulbright Australia
    Norton Rose Fulbright Australia
  • Article

    BPJS Healthcare Participation As A Requirement For Public Services In Indonesia

    In early 2022, the President of Indonesia issued a directive aimed at encouraging those who are eligible to participate in the National Health Insurance program, or BPJS Healthcare...
    IndonesiaFood, Drugs, Healthcare, Life Sciences
    SSEK Law Firm
    SSEK Law Firm
  • Article

    Insurance And Reinsurance – Indonesia

    The Legal 500 Insurance & Reinsurance: Indonesia provides a pragmatic overview of the law and practice of insurance and reinsurance law in Indonesia. The guide provides information about...
    IndonesiaInsurance
    SSEK Law Firm
    SSEK Law Firm
  • Article

    Does National Insurance Requirement Mean Rough Seas For Coal Shipments?

    A recently published surveyor report (laporan surveryor) on Indonesian coal exports noted that as of March 2019, of 1,095 coal shipments...
    IndonesiaInsurance
    SSEK Law Firm
    SSEK Law Firm
  • Article

    Indonesia Legal Update: New OJK Regulation On Insurance Products And Marketing

    A new Indonesian Financial Services Authority (Otoritas Jasa Keuangan or "OJK") regulation set to come into effect shortly will affect the products and marketing of insurance companies in Indonesia.
    IndonesiaInsurance
    SSEK Law Firm
    SSEK Law Firm
  • Article

    Legal Insight: New Health Insurance Products Standards – OJK Circular Letter No. 7/SEOJK.05/2025

    The Indonesian Financial Services Authority (Otoritas Jasa Keuangan or "OJK") recently issued Circular Letter No. 7/SEOJK.05/2025 on the Implementation of Health Insurance Products ("Circular Letter 7/2025") on 19 May 2025.
    IndonesiaInsurance
    Nusantara Legal Partnership
    Nusantara Legal Partnership

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