Trends and Opportunities in the Indonesian Reinsurance Industry to 2016: Market Profile
Despite the global economic crisis, the Indonesian reinsurance industry remained relatively stable during the review period. This was due to the increasing costs of reinsurance protection and the occurrence of natural disasters during the review period. Over the forecast period, reinsurance market growth is expected to be driven by stricter regulations demanding higher capital requirements for insurance companies and by the expansion of the life, non-life, and personal accident and health insurance segments in Indonesia.
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