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The Jakarta Post
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Jiwasraya

OJK boss promises regulation, supervision reform amid Jiwasraya fiasco
Business 3 months ago

OJK boss promises regulation, supervision reform amid Jiwasraya fiasco

OJK chairman Wimboh Santoso said on Tuesday the reforms would strengthen the country's financial...
Private insurers unfazed by insurance scandals despite trust concerns
Business 4 months ago

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Private insurers unfazed by insurance scandals despite trust concerns

Private insurers have brushed off concerns that scandals involving state-owned insurance companies h...
Jiwasraya in talks with foreign, domestic investors over selling Jiwasraya Putra
Business 4 months ago

Jiwasraya in talks with foreign, domestic investors over selling Jiwasraya Putra

Jiwasraya president director Hexana Tri Sasongko said on Wednesday that the insurer had received int...
Asabri hopes to recover lost Rp 10.9t investment
Business 4 months ago

Asabri hopes to recover lost Rp 10.9t investment

Benny and Heru, who have been declared suspects by the Attorney’s General Office for alleged c...
Relaxed foreign ownership rule for insurers could save Jiwasraya: Experts
Business 4 months ago

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Relaxed foreign ownership rule for insurers could save Jiwasraya: Experts

The new regulation allows foreign investors to purchase a more than 80 percent stake in local insure...
State-owned insurer Taspen steers steady ship in industry rocked by turbulence
Business 4 months ago

State-owned insurer Taspen steers steady ship in industry rocked by turbulence

Taspen placed around 86.2 percent of its investments in low-risk assets with regular fixed returns....
New state agency to protect insurance holders against defaults
Business 4 months ago

New state agency to protect insurance holders against defaults

The government wants to set up an agency to back up insurance policies to ensure payouts after finan...
IDX imposes trading halt on five Jiwasraya-linked stocks
Business 4 months ago

IDX imposes trading halt on five Jiwasraya-linked stocks

The five stock listings have been implicated in the fraud and corruption scandal surrounding the sta...
Ombudsman to investigate OJK amid insurance scandals
Business 4 months ago

Ombudsman to investigate OJK amid insurance scandals

The team will question the OJK about its standards for publishing financial reports, as the current ...
Government plans omnibus bill on financial system amid insurance crises
Business 4 months ago

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Government plans omnibus bill on financial system amid insurance crises

Finance Minister Sri Mulyani Indrawati said the omnibus bill on the financial system would revise re...
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