The Thomson Reuters Practical Guide on Insurance and Reinsurance in Indonesia provides a high-level overview of the market trends and regulatory framework in the insurance and reinsurance market; the definitions for a contract of insurance and a contract of reinsurance; the regulation of insurance and reinsurance contracts; the forms of corporate organisation an insurer can take; and the regulation of insurers and reinsurers, including regulation of the transfer of risk.
It also covers operating restrictions for insurance and reinsurance entities; reinsurance monitoring and disclosure requirements; content requirements for policies and implied terms; insurance and reinsurance claims; remedies; insolvency of insurance and reinsurance providers; taxation; dispute resolution; and proposals for reform.
About Thomson Reuters Practical Law
Thomson Reuters Practical Law is an online legal know-how service. It provides rigorous peer-reviewed resources, such as practice notes, current awareness and standard documents. Resources are created and kept up to date by a team of expert editors.