Allianz highlights medical inflation driving up health costs

Allianz Indonesia stresses the need for long-term health protection as medical inflation accelerates rising treatment costs.

Allianz Indonesia notes that medical inflation is pushing health costs up faster than national economic growth of around 5 percent. World Bank data shows per capita health spending rose from US$118 in 2019 to US$132 in 2023.

From 2020 to 2025, average costs per case increased 169 percent for stroke, 219 percent for heart disease, 179 percent for cancer, 183 percent for dengue, and 116 percent for typhoid according to Allianz figures.

Allianz Life Indonesia Chief Product Officer Cheang Khai Au said rising medical costs affect how people prepare financial protection. He advised customers to review policy benefits regularly to keep coverage optimal.

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Indonesian businesspeople in Jakarta react with concern to rising oil prices and inflation risks from the Iran-Israel conflict fallout, as monitored by Bank Indonesia.
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Indonesian Businesses Brace for Iran-Israel Conflict Fallout

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Following US-Israeli strikes on Iran—detailed in prior coverage—that killed Supreme Leader Ayatollah Khamenei and escalated Middle East tensions with oil and gold surges, Indonesian businesses are implementing short-term risk mitigations amid rising costs, while Bank Indonesia monitors inflation risks.

A new report from Insurify shows average US homeowner insurance premiums rose 12 percent last year to $2,948 annually, with a further 4 percent increase projected for this year. The hikes outpace inflation and stem mainly from climate-driven disasters and new construction in risky areas. Insured losses from natural catastrophes averaged $100 billion yearly from 2023 to 2025, far above the $15 billion a decade earlier.

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A study shows that Cali's insurance market reaches 2.11 trillion pesos in personal insurance and 1.91 trillion in business insurance, highlighting gaps in the commerce sector. Over 55% of commercial companies lack coverage, while mobility insurance leads in the personal segment. The analysis, conducted by Aseguradora Solidaria, emphasizes the role of low and middle socioeconomic strata in this market.

필헬스(PhilHealth)가 최소 10가지 희귀 유전 질환을 포함하도록 Z 혜택 패키지를 확대했다. 혜택 범위는 약 99,000페소에서 739,000페소에 달하는 사례별 수가를 포함한다. 이번 조치는 필리핀 내 희귀 질환 환자들을 위한 치료 환경을 개선하려는 지속적인 노력의 일환이다.

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The rupiah's slide to Rp17,500 per US dollar is hitting credit car buyers hardest. Cheap cars and LCGC models are the segments most exposed to possible price and installment rises.

Dana Pensiun Lembaga Keuangan IFG Life received an award from the Indonesian DPLK Association for the largest asset growth and best investment performance in 2025.

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Escalation of conflict between the US, Israel, and Iran in the Middle East has driven global oil prices above US$100 per barrel, weakening the rupiah to Rp17,000 and sharply dropping the IHSG. The Indonesian government asserts the domestic economy remains in expansion despite risks of inflation and layoffs. Energy Minister Bahlil Lahadalia guarantees no increase in subsidized fuel prices until Eid.

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