Posts Tagged ‘Insurance’

PostHeaderIcon Increased Natural Disaster Insurance

The number of natural disaster risk insurance applicants increased significantly, following the potential magnitude of natural disasters in Indonesia. This is seen from the significant increase in insurance applicants or the number of memberships of natural disasters that included in all risk categories. Nevertheless, the figure is still under the ownership of property insurance and motorcycle insurance. As many as 50 percent of premiums recorded Underwriters Rp2, 8 trillion is still of fire insurance. awareness of society to provide protection to their property became one of the growth drivers of all risk insurance for natural disasters from floods, earthquakes, and landslides.

Natural disaster insurance been established since 2002, when the floods in Jakarta. From this time many families who insure their possessions. Although Indonesia, including disaster-prone areas, but no loss of natural disaster insurance in paying claims. The reason insurance companies working with natural disaster insurance companies from abroad such as Singapore and Hong Kong. since the time of payment of claims, our company is not alone but together with partner borne the insurance company. Insurance overseas natural disasters have been around a long time. While in Indonesia, growth of natural disasters all risk insurance range 20-25 per cent per year, with the largest number of memberships are still in big cities.

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