Publication:
Indonesia’s Experience in Designing and Implementing a Public Assets Insurance Program: A Five-Year Journey

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dc.contributor.authorWorld Bank
dc.date.accessioned2024-12-09T16:30:49Z
dc.date.available2024-12-09T16:30:49Z
dc.date.issued2024-12-09
dc.description.abstractThe Government of Indonesia (GoI) launched its Public State Insurance Program (Asuransi Barang Milik Negara, ABMN) in 2019. Since then, the still ongoing development of the program has provided valuable insights, including on stakeholder management, and how to tackle various financial and technical challenges, helping it to capitalize on the opportunities that have contributed to its success to date. This document presented the implementation of the ABMN program beginning with pilot activities in 2019 through December 31, 2023. This document has three objectives: informing the GoI: to prepare government officials with the relevant knowledge to guide future decisions and strategies for the ABMN program (including potential expansion to other line ministries and the subnational- level governments; supporting DRFI implementation: to provide valuable information for government officials tasked with implementing other aspects of Disaster Risk Financing and Insurance (DRFI), specifically the Pooling Fund Bencana (PFB); and global knowledge-sharing: to act as a reference for officials in other countries in the process of designing, undertaking, or maintaining public asset insurance programs.en
dc.identifierhttp://documents.worldbank.org/curated/en/099111424193525525/P1632961666dd505d196db168e71b24d101
dc.identifier.doi10.1596/42511
dc.identifier.urihttps://hdl.handle.net/10986/42511
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectSTRONG INSTITUTIONS
dc.subjectFINANCIAL INFRASTRUCTURE
dc.subjectPUBLIC ASSET INSURANCE PROGRAM
dc.subjectFINANCIAL SECTOR OVERSIGHT AND POLICY
dc.titleIndonesia’s Experience in Designing and Implementing a Public Assets Insurance Programen
dc.title.subtitleA Five-Year Journeyen
dc.typeWorking Paper
dspace.entity.typePublication
okr.date.disclosure2024-12-09
okr.date.doiregistration2025-04-14T11:50:02.015596Z
okr.date.lastmodified2024-11-15T00:00:00Zen
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099111424193525525/P1632961666dd505d196db168e71b24d101
okr.guid099111424193525525
okr.identifier.docmidP163296-666dd521-a6f9-4d5d-96db-68e71b24d101
okr.identifier.externaldocumentum34422630
okr.identifier.internaldocumentum34422630
okr.identifier.report194765
okr.import.id5973
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099111424193525525/pdf/P1632961666dd505d196db168e71b24d101.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryIndonesia
okr.sectorBanking Institutions,Capital Markets
okr.themeFinancial Infrastructure and Access,Infrastructure Finance,Financial Stability,MSME Finance,Financial inclusion,Finance for Development,Finance,Credit Infrastructure,Payment & markets infrastructure,Financial Sector oversight and policy/banking regulation & restructuring
okr.topicEducation::Curriculum & Instruction
okr.topicEducation::Education for the Knowledge Economy
okr.topicGovernance::Governance and the Financial Sector
okr.topicSocial Protections and Labor::Skills Development and Labor Force Training
okr.unitEFI-EAP-FCI-Finance-2 (EEAF2)
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