Indonesian Financial Sectors Show Resilience and Growth Prospects for 2026

Insurance Industry Performance

The Indonesian insurance industry demonstrated robust performance through October 2025, with total investments reaching Rp42.15 trillion, representing a significant 60.43% year-on-year growth ¹

. The Financial Services Authority (OJK) reported that the majority of insurance investments were placed in government securities (SBN), with life insurance companies allocating 41.82% of their portfolio to these instruments ¹

Source 1

https://finansial.bisnis.com/read/20260104/215/1941414/ojk-ungkap-mayoritas-investasi-asuransi-ditempatkan-di-sbn

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Securities Crowdfunding (SCF) Industry Projections

The Securities Crowdfunding (SCF) industry is also showing promising growth prospects. The Indonesian Crowdfunding Exchange (ICX) projects that the industry will enter a consolidation phase in 2026, focusing on quality enhancement rather than mere quantitative expansion ³

. The Association of Indonesian Crowdfunding Services (ALUDI) is more optimistic, forecasting 50% growth in managed funds for 2026 ²

Source 2

https://keuangan.kontan.co.id/news/aludi-optimis-dana-kelolaan-tumbuh-50-pada-tahun-2026

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Manufacturing Sector Investment Projections

The Ministry of Industry has projected that manufacturing investments will reach Rp852.9 trillion in 2026, up from Rp756.06 trillion in 2025 ⁵

. The Metal, Machinery, Transportation Equipment, and Electronics (ILMATE) subsector is expected to be the largest contributor, with projected investments of Rp396.3 trillion. Other significant contributors include the agro-industry (Rp251.6 trillion) and the Chemical, Pharmaceutical, and Textile industry (Rp198 trillion) ⁵

Source 5

https://industri.kontan.co.id/news/proyeksi-kemenperin-investasi-manufaktur-2026-tembus-rp-8529-triliun

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Challenges and Opportunities

Despite positive projections, both sectors face challenges. The insurance industry must address issues such as underwriting quality, claim pressures, and regulatory adjustments ¹

. The manufacturing sector is dealing with weakening demand and rising costs, which have slowed expansion ⁶

Source 6

https://nasional.kontan.co.id/news/lemahnya-permintaan-dan-kenaikan-biaya-menahan-ekspansi-sektor-manufaktur-ri

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