The Indonesian Life Insurance Association (AAJI) says that life insurers have paid more than IDR9tn ($610m) for claims related to COVID-19 between the start of the pandemic in March and 31 March 2022.
Investment in the life insurance industry rose 14.7 percent in the first half of 2021 to reach Rp510.5 trillion from Rp445.2 trillion in the year-ago period, .