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Jiwasraya

No talks on a bailout for Jiwasraya, audit agency says
Business 5 years ago

No talks on a bailout for Jiwasraya, audit agency says

Jiwasraya has been in the spotlight following its failure to pay its customers’ matured polici...
Corruption, mismanagement rampant within SOEs because of lack of oversight: Watchdogs
National 5 years ago

PREMIUM
Corruption, mismanagement rampant within SOEs because of lack of oversight: Watchdogs

The importance of SOEs to the country has not been matched by prudent management. A study ...
State capital injection last resort to rescue Jiwasraya: Government
Business 5 years ago

PREMIUM
State capital injection last resort to rescue Jiwasraya: Government

Minister Erick Thohir said the ministry would continue to promote a business-to-business soluti...
MPR speaker meets with OJK to discuss guarantee schemes for insurance customers
Business 5 years ago

MPR speaker meets with OJK to discuss guarantee schemes for insurance customers

People’s Consultative Assembly (MPR) Speaker Bambang Soesatyo has voiced his support for the F...
House demands investigative audits on all state insurers
Business 5 years ago

House demands investigative audits on all state insurers

House Commission VI members are also calling for the Development Finance Comptroller (BPKP) to condu...
Insurance industry posts 5.91 percent growth despite Jiwasraya debacle
Business 5 years ago

Insurance industry posts 5.91 percent growth despite Jiwasraya debacle

The insurance industry maintained its positive performance throughout last year despite a somewhat d...
Jiwasraya’s losses from investing in questionable stocks estimated to reach Rp 13t
Business 5 years ago

Jiwasraya’s losses from investing in questionable stocks estimated to reach Rp 13t

The total losses are still being audited by the Supreme Audit Agency (BPK).
Jiwasraya scandal sends ripples through financial industry
Business 5 years ago

PREMIUM
Jiwasraya scandal sends ripples through financial industry

Insurance companies, investment management businessesand even cooperatives have been reportedly...
WanaArtha Life’s securities accounts blocked by AGO in Jiwasraya trickle down effect
Business 5 years ago

WanaArtha Life’s securities accounts blocked by AGO in Jiwasraya trickle down effect

WanaArtha Life assured its policyholders that the policy benefits in the insurer were safe and that ...
Kresna goes about business as usual despite reports of problems related to Jiwasraya
Business 5 years ago

Kresna goes about business as usual despite reports of problems related to Jiwasraya

The Financial Services Authority (OJK) has denied reports that investment management firm PT Kr...
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