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View all search resultsJiwasraya
Business 5 years ago
IFG Life to focus on protection-oriented insurance to avoid Jiwasraya's mistakes
State-owned insurance holding firm Indonesia Financial Group’s (IFG) life insurance subsidiary, IFG Life, is expected to focus on protection-oriented insurance in a bid to avoid the mistakes of ailing state-owned insurance company PT Asuransi Jiwasraya, an executive has said.
National 5 years ago
Former Jiwasraya execs face up to life in prison for alleged corruption
Prosecutors have sought sentences ranging from 18 years to life in prison for former executives of state insurer PT Asuransi Jiwasraya for their alleged involvement in graft and money laundering that has resulted in trillions of rupiah in state losses.
Business 5 years ago
Indonesia plans to inject $2.5b into SOEs next year to stimulate economy, resolve Jiwasraya scandal
The government has proposed providing Rp 37.38 trillion (US$2.5 billion) in capital injections for state-owned enterprises (SOEs) next year, some of which will be used to resolve the investment mismanagement scandal involving state insurer PT Asuransi Jiwasraya.
Executive Column 5 years ago
Indonesia a dream market: Allianz banks on increased awareness of protection amid pandemic
The Jakarta Post’s Riska Rahman and Prima Wirayani talked with Allianz Indonesia country manager and CEO Joos Louwerier via Zoom in late July to discuss how the pandemic has affected the insurance industry.
Business 5 years ago
Policyholders demand court unfreeze WanaArtha Life’s securities account
About 80 policyholders from North Sumatra and Riau Islands held a peaceful protest in front of the Maimon Palace in Medan, North Sumatra, on Friday to demand the unfreezing of the account, which is worth around Rp 4 trillion (US$270.89 million).
