24 results found

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...

Meanwhile, the rules on foreign ownership of insurance companies remain unsettled.

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.

The tech winter, which began in 2023, has continued to impact the tech industry 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.

Regulation 2 provides certain mandatory Good Corporate Governance business practices that insurance companies must apply.

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.

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") ...

The government of Indonesia introduced additional requirements for employers hiring foreign nationals for short-term work purposes. Under these new requirements...

The new bill regulates Sharia insurance as well as the businesses of general insurance, life insurance, and reinsurance.

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.

The New Insurance Law does introduce several fundamental changes that foreign investors need to consider carefully.

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...

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...

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

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.

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.