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Indonesian Wealth Management Forum 2019 - Exclusive Insights - Edy Tuhirman

Edy Tuhirman of Generali

Oct 21, 2019

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1. What should the regulators do to help spur further development?

Video transcript

1. What should the regulators do to help spur further development?

Initially, the regulators have done a lot to create something for our industry to grow from, but for sure there always will be a space to grow. We are concerned about tax, because we look at any countries in the world, from the perspective of insurance or more long-term perspective, (I think there) has to be some tax incentive. Otherwise, our people, customers, are more focused on short term. So, I think the government regulators have to work in that area, to encourage penetration to be even better.

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