Indonesia

Introduction: 

The Republic of Indonesia is an archipelago of 17,508 islands and has a population of 264 million inhabitants. The official national currency is the Indonesian rupiah. 

The insurance sector has undergone a series of regulatory alterations like the increased foreign ownership of insurance companies providing an inflow of foreign know-how and capital on the local market. The insurance sector is steadily gaining popularity as Indonesia’s middle class grows.

 

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