Insurance Quarterly Report Kuartal I – 2026
Kinerja Asuransi Jiwa Premi: Pada Kuartal I-2026, pendapatan premi industri asuransi jiwa konvensional menurut data OJK menunjukkan pemulihan dengan tumbuh sebesar 5,36% year-on-year (YoY), terutama didorong oleh pertumbuhan produk asuransi tradisional di tengah masih terkontraksinya produk PAYDI. Secara struktural, pertumbuhan premi tersebut ditopang oleh peningkatan premi bisnis baru sebesar 17,4% (YoY), baik yang berasal dari […]
Macroeconomic Monitor June 2026: Emerging Markets Currency Under Pressure, Threatening Inflation and Growth
United States (US): The US economy remained resilient through May 2026, although momentum was increasingly uneven across sectors. Real GDP expanded by 1.6% QoQ annualized in Q1 2026 and 2.6% YoY in Q1 2026, supported by exports, private investment, consumer spending, and government expenditure. However, the second estimate was revised down from 2.0%, mainly due […]
Macroeconomic Monitor May 2026: Growth Holds, but Policy Space Narrows Under External Pressures
The U.S. economy continued to demonstrate resilience in April 2026 despite mounting external and inflationary pressures. The Federal Reserve maintained its policy rate at 3.5%–3.75% for a third consecutive meeting, emphasizing a cautious and data-dependent approach amid heightened uncertainty stemming from geopolitical tensions in the Middle East. The euro area increasingly exhibits characteristics of a […]
Indonesia’s Growth Plateau: A Sectoral and Regional Diagnosis of Structural Stagnation
Indonesia’s 5% growth pattern increasingly reflects a structural ceiling rather than a temporary cyclical pause. Consumption, commodities, and low-productivity services continue to stabilize headline GDP, but weak productivity, limited manufacturing upgrading, and uneven investment spillovers prevent the economy from moving decisively toward higher value-added activities. The sectoral evidence shows stability in relative size but volatility […]
Macroeconomic Monitor April 2026: Domestic Demand Holds, but External Risks Keep Policy Defensive
United States (US) The US economy showed increasing signs of moderation in March 2026, with diverging sectoral performance and rising inflationary pressures. The S&P Global US Manufacturing PMI remained resilient at 52.3, supported by solid domestic demand and inventory buildup, while the S&P Global US Services PMI fell to 49.8, marking its first contraction in […]
Insurance Quarterly Report Kuartal IV – 2025
Kinerja Asuransi Jiwa Premi: Pada tahun 2025, pendapatan premi industri asuransi jiwa konvensional masih berada dalam kondisi relatif tertekan, dengan penurunan sebesar 1,5% (YoY) yang terutama didorong oleh kontraksi pada produk PAYDI. Secara struktural, kinerja premi masih dibayangi oleh pelemahan premi bisnis baru serta penurunan premi lanjutan. Kondisi ini sejalan dengan perlambatan pada kanal distribusi […]
Macroeconomic Monitor March 2026: Rising Geopolitical Tensions amid Cyclical Domestic Consumption Surge
US – Iran War and Shocks to Energy Prices: The United States (US) – Iran war transmits globally through large-scale disruptions in energy and trade flows. The Strait of Hormuz carries around 20 million barrels of oil per day, about one-third of global seaborne crude, plus one-quarter of natural gas liquids and one-fifth of LNG […]
Macroeconomic Monitor February 2026 Volatility Without Growth: Structural Risks in a Fragmenting Global Economy
United States (U.S.): The U.S. economy started 2026 on a firm note. Manufacturing Purchasing Managers’ Index (PMI) rose to 52.4 according to S&P Global and 52.6 based on the Institute for Supply Management, marking the first expansion in a year, while services PMI edged up to 52.7 from 52.5. However, survey responses highlighted that the […]
Macroeconomic Monitor January 2026: High Prices, High Uncertainty: What Is the Market Really Telling Us?
United States: U.S. economic activity remained resilient in late 2025, with GDP growth accelerating to 4.3% (year-on-year / YoY) in Q3-2025, supported by strong consumer spending (+3.5%, YoY), a rebound in exports (+9.6%, YoY), and higher government spending. The services sector continued to expand, with the ISM Services PMI rising to 54.4 in December, while […]
Insurance Quarterly Report Kuartal III-2025
Kinerja Asuransi Jiwa Premi: Pada kuartal III-2025, pendapatan premi industri asuransi jiwa berada dalam kondisi relatif stagnan. Secara struktural, kinerja premi masih dibayangi oleh pelemahan premi bisnis baru, di tengah perlambatan pada kanal distribusi utama seperti bancassurance dan agen asuransi yang mengalami penurunan premi senjak awal tahun. Klaim: Pada kuartal III-2025, total klaim yang dibayarkan […]
