Posts Tagged ‘Insurance’

Jakarta

Insurance Companies in Indonesia Must Appoint Controller

By Ira A. Eddymurthy and Maria Yudhitama Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) has issued a regulation that requires insurance companies in Indonesia to appoint a controller by June 2017 at the latest. OJK Regulation No. 67/POJK.05/2016 regarding Business Licensing and the Organization of Insurance Companies, Sharia Insurance Companies, Reinsurance Companies and [...]

Jakarta

Insurance Companies in Indonesia Must Follow Requirement on Ultimate Shareholders

By Ira A. Eddymurthy and Maria Yudhitama The Indonesian Insurance Law (Law No. 40 of 2014 regarding Insurance) introduced a significant change regarding the shareholding composition of insurance companies. Breaking from previous policy, the Insurance Law specifically mandates that the local shareholders in an insurance company must be ultimately owned by Indonesian individuals. After the [...]

Michael S. Carl

Michael Carl of SSEK Features at Asia Bancassurance Conference

Michael S. Carl, an international legal adviser at SSEK Indonesian Legal Consultants, was a featured speaker at the 18th Asia Conference on Bancassurance and Alternative Distribution Channels, organized by Asia Insurance Review. The conference was held May 15-16 at Hotel Mulia Senayan in Jakarta. Michael discussed foreign ownership of insurance companies in Indonesia, and looked [...]

Michael Carl

Michael Carl of SSEK to Speak at Asia Bancassurance Conference

Michael S. Carl, an international legal adviser at SSEK Indonesian Legal Consultants, will be a featured speaker at the 18th Asia Conference on Bancassurance and Alternative Distribution Channels, organized by Asia Insurance Review. The conference will be held May 15-16 at Hotel Mulia Senayan in Jakarta. Michael will discuss Legal Issues and M&A Deals in [...]

Legal Alert (for blog post)

Legal Alert July 2016

Please find the SSEK Legal Alert for July 2016. The SSEK Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia.

Legal Alert (for blog post)

Legal Alert May 2016

Please find the SSEK Legal Alert for May 2016. The SSEK Legal Alert is a monthly survey designed to keep you up to date with the latest legal developments in Indonesia.

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SSEK Partners Speak at Insurance M&A Conference

Ira A. Eddymurthy and Fahrul S. Yusuf, partners at SSEK Indonesian Legal Consultants, spoke at the recent 3rd Conference on Insurance M&A in Asia, organized by Asia Insurance Review and held in Singapore. Ira and Fahrul discussed the latest trends, opportunities, challenges and regulatory developments affecting insurance M&A in Indonesia. SSEK is recognized as one [...]

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Indonesian Legal Review

SSEK Legal Consultants has released its Indonesian Legal Review to offer an overview of recent developments in the Indonesian legal sector. The Indonesian Legal Review looks at recent developments in almost 50 sectors, providing insight into Indonesian legal and regulatory developments in these sectors, from Airports to Tourism. To read the Indonesian Legal Review, you [...]

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Customer Protections in Insurance Contracts in Indonesia

SSEK Indonesian Legal Consultants founding partner Ira A. Eddymurthy and Maria Yudhitama, an associate at the firm, have contributed the Indonesia chapter of the new Practical Law global guide to insurance and reinsurance. SSEK Legal Consultants has one of the leading insurance law practices in Indonesia and has been involved in numerous high-profile cross-border transactions. [...]

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Ongoing Requirements for Insurance/Reinsurance Providers

SSEK Indonesian Legal Consultants founding partner Ira A. Eddymurthy and Maria Yudhitama, an associate at the firm, have contributed the Indonesia chapter of the new Practical Law global guide to insurance and reinsurance. SSEK Legal Consultants has one of the leading insurance law practices in Indonesia and has been involved in numerous high-profile cross-border transactions. [...]