Best’s Market Segment Outlook: AM Best Assigns Stable Outlook to Indonesia’s Non-Life Insurance Market

SINGAPORE–(BUSINESS WIRE)–Despite a bleak macroeconomic picture, Indonesia’s non-life insurance market is well-diversified and underpinned by solid capitalisation, supporting a stable outlook assigned to the segment, according to a new AM Best report. A new Best’s Market Segment Report, titled, “Market Segment Outlook: Indonesia Non-Life Insurance,” states that the non-life insurance market’s overall robust return on equity, supported by stable historical underwriting performance and strong b