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.
OJK 2026-04-13
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.