Roundtables

What does the future hold for the Takaful industry in Indonesia?

In September 2014 a group of regional and international experts gathered together at the Shangri-La Hotel in Jakarta to conduct a high-level discussion on the future of the Indonesian Islamic insurance industry. With a broad range of perspectives including from the regulatory, practitioner, reTakaful and observer angles, the debate was wide-ranging and rewarding, with lively interaction and valuable collaboration between the parties. 

Seeking to uncover the key trends and developments in the Indonesian Takaful and reTakaful industry and gain an understanding of the requirements for growth going forward, the conversation focused on the anticipated regulatory updates and their impact on the Takaful landscape; as well as the differentiation and distribution strategy and what changes were needed to the current business model; the key product growth segments and trends in the market; and the core challenges facing the Takaful industry as a whole and how these can be met by all stakeholders. 

Islamic Finance news was delighted to bring together the comprehensive knowledge and experience of leading industry experts including Moch. Muchlasin, Firas El Azem, Marcel Omar Papp and Srikandi Utami; representing a cross-section of the Takaful industry and achieving a rewarding and challenging discussion.

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Panelists: 


Moch. Muchlasin
Director of Shariah Non Bank Financial Industries, OJK

Firas El Azem
General Manager,
Takaful-Re

Marcel Omar
Head of Retakaful, 
Swiss Re

Srikandi Utami
Head of Shariah,
Sun Life Financial, Indonesia

Date: 

Friday, 07 November 2014