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New regulation relaxes foreign ownership requirements for Indonesian insurers

From January 2020, there has been a relaxation to the existing restrictions on foreign equity ownership of an Indonesian insurer, which will “grandfather” existing foreign ownership interests in excess of the 80% threshold...more

Myanmar permits foreign investment into the insurance sector

The Myanmar government has at long last announced that foreign insurers will be entitled to seek market access to its insurance sector in 2019. This note builds on our previous publication: Liberalisation of the Myanmar...more

Indonesia affirms cap on foreign ownership in insurers at 80%

Indonesia has enacted Regulation no.14/2018 on Foreign Ownership of Insurance Companies, which came into force on 18 April 2018 and confirms a maximum threshold for foreign ownership of an Indonesian insurance company of...more

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