This edition of Milliman’s Indonesia Life Insurance Newsletter covers market performance for full year 2023 and industry developments for the first quarter of 2024. Market performance data includes metrics such as net premium income, net profit before tax and other comprehensive income (OCI), total claims and benefits, net profit, total assets, and technical reserves. We also discuss the following developments: 

• New products in traditional market, unit-linked, health-related, and microinsurance
• New digital features
• Other industry news
• Regulatory developments
• Distribution updates
• Recent macroeconomic developments