Indonesia's Financial Services Authority (OJK) outlined a programme to further strengthen governance, prudential standards and risk-based supervision across the insurance, guarantee and pension fund sectors (PPDP), positioning a stronger PPDP industry to support domestic long-term financing. The update was delivered at the PPDP Regulatory Dissemination Day 2026. OJK reported total PPDP assets of IDR 2,992 trillion at end-February 2026, up 9.94% year-on-year, with investments of IDR 2,313 trillion, up 7.94% year-on-year. Pension funds accounted for IDR 1,700 trillion of assets and insurance for IDR 1,219 trillion; OJK also referenced growth targets discussed for the 2026 annual meeting of the financial services industry (IJK), including 5–7% annual growth for insurance and 10–12% growth for pension fund assets, while noting that the 2029 National Medium-Term Development Plan would require higher growth of 7–9% for insurance and 23–25% per year for pension funds. For 2026, OJK indicated that forthcoming regulations will focus on governance provisions and further enhancements to risk-based supervision. The authority is also drafting a 2026–2030 Sustainable Finance Development Roadmap for the PPDP sector to guide implementation of sustainable finance principles and support Net Zero Emission and Sustainable Development Goals targets.
Indonesia's Financial Services Authority sets 2026 agenda to tighten governance and risk-based supervision for insurance, guarantee and pension funds
Indonesia’s Financial Services Authority (OJK) outlined a programme to strengthen governance, prudential standards and risk-based supervision across the insurance, guarantee and pension fund sectors to better support domestic long-term financing. OJK reported total PPDP assets of IDR 2,992 trillion at end-February 2026 and signalled forthcoming regulations on governance and supervision, plus a 2026–2030 Sustainable Finance Development Roadmap to align the sector with Net Zero Emission and Sustainable Development Goals targets.