Indonesia Insurance Update: Developments in Syariah Insurance Spin-Off Requirement

The Indonesian Insurance Law, which was issued in 2014, introduced a requirement that Indonesian insurance and re-insurance companies (“Regulated Companies”) must separate their syariah business units from their conventional business (“Spin-Off”) when certain conditions are met.

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Key Contacts

David Holme

Senior Foreign Legal Advisor, Linklaters Partner, Jakarta

Teguh Arwiko

Partner, Jakarta