{"id":9979,"date":"2026-09-10T09:58:47","date_gmt":"2026-09-10T02:58:47","guid":{"rendered":"https:\/\/ligaasuransi.com\/?p=9979"},"modified":"2026-09-10T09:58:47","modified_gmt":"2026-09-10T02:58:47","slug":"plts-100-gw-jadi-peluang-baru-bisnis-asuransi-umum-nasional-dan-7-berita-asuransi-terupdate-di-indonesia","status":"publish","type":"post","link":"http:\/\/ligaasuransi.com\/en\/plts-100-gw-jadi-peluang-baru-bisnis-asuransi-umum-nasional-dan-7-berita-asuransi-terupdate-di-indonesia\/","title":{"rendered":"100 GW Solar Power Plant Opens New Opportunities for National General Insurance Business: 7 Latest Insurance News Updates in Indonesia"},"content":{"rendered":"

The insurance industry continues to navigate economic changes, government policies, and the increasing complexity of risks across various sectors. From protection opportunities for large-scale renewable energy projects and evolving industry performance to challenges in property and sharia insurance, various issues demonstrate the increasingly diverse market dynamics. At the same time, enhanced oversight and the need for travel protection are also key concerns.<\/span><\/p>\n

Here are 7 interesting insurance news stories to check out!<\/b><\/p>\n

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5,000 Hectares of Rice Fields in Tabanan Receive Free Agricultural Insurance Coverage<\/b><\/h3>\n

The threat of crop failure due to the dry season has prompted the Tabanan Regency Government, Bali, to expand protection for farmers through the 2026 Rice Farming Business Insurance Program (AUTP). A total of 5,000 hectares of rice fields are allocated protection, with all premiums covered by the government so farmers do not have to pay.<\/span><\/p>\n

I Made Utama, Head of Infrastructure and Facilities at the Tabanan Agriculture Service, stated that the administrative process and participant registration are still ongoing. The land included in the program is spread across almost all sub-districts, except East Selemadeg and Pupuan.<\/span><\/p>\n

Prospective participant registration is conducted through the Agricultural Extension Center (BPP) coordinators in each sub-district. Farmers are also required to meet program requirements and be members of a registered subak (subak) as AUTP participants.<\/span><\/p>\n

If a crop failure occurs as per the policy provisions, farmers will receive coverage of Rp 6 million per hectare. This compensation is expected to help restore farming activities and enable them to plant again the following season.<\/span><\/p>\n

However, this year’s AUTP coverage remains limited due to budget constraints. Participant registration must also begin when the rice plants are between 1 and 30 days old.<\/span><\/p>\n

This program is expected to provide a financial cushion for farmers facing production risks during the dry season while maintaining the sustainability of Tabanan agriculture as one of the food barn areas.<\/span><\/p>\n

Source:<\/span> https:\/\/www.detik.com\/bali\/berita\/d-8653639\/kemarau-mengancam-5-000-hektare-sawah-di-tabanan-tercover-asuransi<\/span><\/a>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n

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Insurance Industry Assets to Reach Rp1,172 Trillion by July 2026, Growing 1.59%<\/b><\/h3>\n

The Financial Services Authority (OJK) recorded total insurance industry assets reaching Rp1,172.90 trillion by July 2026, representing a 1.59% year-on-year (yoy) growth. This growth was primarily driven by the performance of the commercial insurance segment, particularly life insurance.<\/span><\/p>\n

Ogi Prastomiyono, Chief Executive of the Insurance, Guarantee, and Pension Fund Supervisory Agency (OJK), stated that the insurance industry remains generally stable, supported by strong capital.<\/span><\/p>\n

In the commercial segment, total assets reached Rp957.07 trillion, growing 2.54% year-on-year. Correspondingly, premium income reached Rp199.80 trillion, up 2.70% year-on-year.<\/span><\/p>\n

Life insurance was the main contributor, with premiums of Rp111.44 trillion, growing 7.76% year-on-year. Conversely, general insurance and reinsurance premiums contracted 3.04% to Rp88.36 trillion.<\/span><\/p>\n

On the other hand, non-commercial insurance assets decreased 2.44% to Rp 215.83 trillion. However, premiums in this segment grew 6.82% to Rp 118.11 trillion. However, claims growth was higher, at 8.27% to Rp 122.8 trillion.<\/span><\/p>\n

Meanwhile, pension fund assets grew 6.70% to Rp1,699.99 trillion. The insurance industry remained under pressure, with assets of Rp60.48 trillion, down 4.64% year-on-year.<\/span><\/p>\n

Source:<\/span> https:\/\/wartaekonomi.co.id\/read633108\/ojk-catat-aset-industri-asuransi-capai-rp1172-triliun-ini-penopangnya<\/span><\/a>\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n

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OJK Tightens Supervision, 8 Insurance and Reinsurance Companies Under Special Monitoring<\/b><\/h3>\n

The Financial Services Authority (OJK) continues to tighten oversight of the insurance, guarantee, and pension fund (PPDP) sector, including through special supervision of a number of companies facing problems.<\/span><\/p>\n

Ogi Prastomiyono, Chief Executive of the Insurance, Guarantee, and Pension Fund Supervisory Agency (OJK), revealed that as of August 24, 2024, the OJK had conducted special supervision of eight insurance and reinsurance companies and eight pension funds.<\/span><\/p>\n

This step is part of an effort to resolve issues within financial services institutions in the Pension Fund (PPDP) sector. The OJK emphasized that supervision is conducted by taking into account statutory provisions and the interests of policyholders and pension plan participants.<\/span><\/p>\n

In addition to supervision, the OJK is encouraging the strengthening of industry capital. By the end of 2024, 82.07% of insurance and reinsurance companies had met the minimum first-stage equity requirement. For guarantee companies, the minimum capital requirement reached 75%.<\/span><\/p>\n

Meanwhile, insurance brokers, reinsurance brokers, and insurance loss adjusters recorded a higher equity fulfillment rate, namely 85.45%.<\/span><\/p>\n

The OJK is also drafting a Draft Regulation on Periodic Financial Reports for Guarantee Funds to strengthen governance and transparency. In the pension fund sector, the OJK, along with stakeholders, is promoting literacy and inclusion through the 2024 Pension Fund Month, which includes over 100 activities across various regions.<\/span><\/p>\n

Source:<\/span> https:\/\/www.cnbcindonesia.com\/market\/20260907145242-17-765843\/ojk-awasi-ketat-8-asuransi-8-dana-pensiun-ini-alasannya<\/span><\/a>\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n

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Flight Disruptions Due to Disasters Drive the Relevance of Travel Insurance<\/b><\/h3>\n

Haze from forest fires and volcanic eruptions, which has disrupted flight operations in several regions of Indonesia, has once again highlighted the importance of travel protection. Flight cancellations and diversions can result in financial losses for passengers.<\/span><\/p>\n

The Financial Services Authority (OJK) believes this situation demonstrates that the need for travel insurance remains relevant, in line with increasing public mobility for both domestic and international travel.<\/span><\/p>\n

Ogi Prastomiyono, Chief Executive of the Insurance, Guarantee, and Pension Fund Supervision Agency (OJK), stated that the prospects for travel insurance remain open. He emphasized that insurance companies need to offer products that are relevant, simple, affordable, and easily accessible, including through digital channels.<\/span><\/p>\n

PT Asuransi Digital Bersama Tbk (YOII) assesses that flight disruptions due to forest fires can incur additional costs, such as schedule changes, accommodation costs, and even disrupted travel plans. Travel insurance can provide protection against these risks with relatively affordable premiums and generally short coverage periods.<\/span><\/p>\n

Meanwhile, Great Eastern General Insurance Indonesia (GEGI) stated that travel insurance can provide financial protection against flight delays and cancellations, according to policy benefits. The company also reported a 46% growth in travel insurance premiums compared to the same period last year.<\/span><\/p>\n

With the increasing potential for disruption due to weather and environmental conditions, the public’s need for travel protection is expected to become increasingly relevant.<\/span><\/p>\n

Source:<\/span> https:\/\/keuangan.kontan.co.id\/news\/ojk-asuransi-perjalanan-diperlukan-seiring-dampak-bencana-yang-ganggu-penerbangan<\/span><\/a>\u00a0\u00a0<\/span><\/p>\n

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Sharia Insurance Contributions to Decline 12.67% by July 2026, Assets Continue to Grow<\/b><\/h3>\n

The sharia insurance industry will continue to face pressure throughout 2026. According to data from the Financial Services Authority (OJK), sharia insurance contributions contracted 12.67% year-on-year (yoy) to IDR 14.19 trillion as of July 2026.<\/span><\/p>\n

Deputy Chairman of the OJK Board of Commissioners, Hernawan Bekti Sasongko, stated that Sharia insurance contributions are still contracting, down from Rp 16.25 trillion in July 2025.<\/span><\/p>\n

Despite this, industry performance showed improvement on a monthly basis. In June 2026, Sharia insurance contributions were recorded at IDR 11.73 trillion, a 15.07% year-on-year contraction. This means contributions increased to IDR 14.19 trillion in July 2026.<\/span><\/p>\n

Amidst contribution pressure, positive developments were seen in the assets of the Sharia insurance industry. The Sharia life insurance segment recorded asset growth of 8.25% year-on-year, from IDR 35.14 trillion in July 2025 to IDR 38.04 trillion in July 2026.<\/span><\/p>\n

Growth also occurred in Sharia general insurance. Assets in this segment increased 7.71% year-on-year, from Rp9.86 trillion to Rp10.62 trillion in the same period.<\/span><\/p>\n

The difference between asset growth and contribution contraction indicates that the industry still faces challenges in terms of contribution collection. However, asset growth in both segments is a positive sign for the future development of the Islamic insurance industry.<\/span><\/p>\n

Source:<\/span> https:\/\/keuangan.kontan.co.id\/news\/kinerja-asuransi-syariah-tertekan-kontribusi-susut-1267-hingga-juli-2026<\/span><\/a>\u00a0\u00a0<\/span><\/p>\n

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The 100 GW Solar Power Plant Offers New Opportunities for the National General Insurance Business<\/b><\/h3>\n

The government’s plan to build up to 100 GW of solar power plants (PLTS) in less than three years is considered to open new opportunities for the national general insurance industry. The Financial Services Authority (OJK) believes the project requires risk protection, from the construction phase through operation.<\/span><\/p>\n

Ogi Prastomiyono, Chief Executive of the Insurance, Guarantee, and Pension Fund Supervisory Agency (OJK), said the large-scale strategic project could provide momentum for the insurance industry to increase its capacity and technical capabilities in managing energy risks.<\/span><\/p>\n

However, the investment value and complexity of the 100 GW solar power plant project also pose challenges to domestic insurance capacity. To address this, domestic capacity can be strengthened through consortium schemes and reinsurance support, including international reinsurance for risks not yet covered by the domestic market.<\/span><\/p>\n

The government itself has prepared an investment of around USD 73 billion, or more than IDR 1,143 trillion, to realize this program. Energy and Mineral Resources Minister Bahlil Lahadalia stated that this project has the potential to save around IDR 73.9 trillion per year on energy subsidies and create 5.52 million jobs.<\/span><\/p>\n

Furthermore, the development of a 100 GW solar power plant is projected to reduce carbon emissions by up to 140 million tons of CO2 per year. With its massive project scale, this program not only contributes to the energy transition agenda but also provides an opportunity to strengthen the insurance industry’s capacity to address energy sector risks.<\/span><\/p>\n

Source:<\/span> https:\/\/kumparan.com\/kumparanbisnis\/ojk-program-plts-100-gw-bisa-jadi-peluang-baru-untuk-bisnis-asuransi-288xGJcsnMI\/full<\/span><\/a><\/p>\n

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Property Insurance Contributes the Largest Premiums, Business Under Pressure as Foreign Investors Withdraw<\/b><\/h3>\n

Property insurance remains the largest contributor to premiums in the general insurance industry until July 2026. According to data from the Financial Services Authority (OJK), premiums for this business line reached IDR 18.54 trillion, or 25.15% of total general insurance premiums.<\/span><\/p>\n

However, the property insurance business is facing pressure due to a reduction in insurable objects, following the departure of a number of foreign factories and investors from Indonesia.<\/span><\/p>\n

Ogi Prastomiyono, Chief Executive of the Insurance, Guarantee, and Pension Fund Supervisory Agency (OJK), stated that the property insurance market remains promising in the second half of 2026, as economic activity and development continue. However, insurance companies need to strengthen their risk assessments.<\/span>risk assessment<\/span><\/i>) and pricing (<\/span>pricing<\/span><\/i>).<\/span><\/p>\n

Pressure on the property sector is also reflected in data from the Indonesian General Insurance Association (AAUI). In the second quarter of 2026, property insurance premiums contracted 13.6% year-on-year to Rp15.5 trillion, with a market share of 26.6%.<\/span><\/p>\n

Meanwhile, motor vehicle insurance recorded premium growth of 4.9% to Rp9.8 trillion, while credit insurance grew 9.3% to Rp9.3 trillion.<\/span><\/p>\n

These three lines are the main contributors to general insurance premiums. Amid challenging market conditions, the strengthening <\/span>risk assessment<\/span><\/i> And <\/span>pricing<\/span><\/i>It is important that business growth remains balanced with portfolio quality and adequate risk management.<\/span><\/p>\n

Source:<\/span> https:\/\/wartaekonomi.co.id\/read633390\/asuransi-properti-sumbang-premi-terbesar-tapi-bisnisnya-terpukul-gegara-investor-asing-cabut<\/span><\/a><\/p>\n

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Conclusion<\/b><\/h4>\n

These developments demonstrate that the insurance industry is not only required to grow but also to become more adaptive in the face of changing risks. New opportunities, such as renewable energy projects, require robust risk capacity and management, while sectors facing pressure require more appropriate protection strategies.<\/span><\/p>\n

For companies, understanding changing risk profiles is a crucial step before determining appropriate coverage. L&G Insurance Broker is here to help businesses understand, manage, and obtain protection solutions tailored to their risk needs.<\/span><\/p>\n

Because ultimately, having insurance is not just about transferring risk, but ensuring that the business remains prepared for various eventualities that may arise.<\/span><\/p>\n

Let\u2019s manage risk, not just insure it.<\/b><\/p>","protected":false},"excerpt":{"rendered":"

The insurance industry continues to navigate economic changes, government policies, and the increasing complexity of risks across various sectors. From protection opportunities for large-scale renewable energy projects and evolving industry performance to challenges in property and sharia insurance, various issues demonstrate the increasingly diverse market dynamics. At the same time, enhanced oversight and the need […]<\/p>\n","protected":false},"author":1,"featured_media":9980,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[239,243],"class_list":["post-9979","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ulas-berita","tag-asuransi-plts","tag-asuransi-power-plant"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/9979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/comments?post=9979"}],"version-history":[{"count":1,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/9979\/revisions"}],"predecessor-version":[{"id":9981,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/posts\/9979\/revisions\/9981"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/media\/9980"}],"wp:attachment":[{"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/media?parent=9979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/categories?post=9979"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ligaasuransi.com\/en\/wp-json\/wp\/v2\/tags?post=9979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}