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On 17 April 2018 the Government of the Republic of Indonesia issued Government Regulation No. 14 of 2018 on Foreign Ownership Limitation in Insurance (GR 14/2018), which became effective on 18 April 2018.

GR 14/2018 supersedes and replaces previous government regulations on insurance business, i.e., Government Regulation No. 73 of 1992 (and its amendments) on Insurance Activities.

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