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The Jakarta Post
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insurance

Jiwasraya in talks with foreign, domestic investors over selling Jiwasraya Putra
Business 6 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 6 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 6 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...
Government plans omnibus bill on financial system amid insurance crises
Business 6 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...
Erick Thohir reports threats following Jiwasraya, Asabri fiascos
Business 6 months ago

Erick Thohir reports threats following Jiwasraya, Asabri fiascos

“Threats are becoming my daily consumption, especially after the Jiwasraya and Asabri case unf...
Elephant in the room in Jiwasraya case
Opinion 6 months ago

Elephant in the room in Jiwasraya case

The handling of the Jiwasraya and Asabri cases is good enough as firefighting measures go, but the e...
Another insurance fiasco?
Editorial 6 months ago

Another insurance fiasco?

Asabri and Jiwasraya’s experience was clearly the result of weak supervision, both by the OJK ...
‘Don't let distrust disrupt our economy’: Jokowi urges reform in financial industry
Business 6 months ago

‘Don't let distrust disrupt our economy’: Jokowi urges reform in financial industry

The reform aims to close a regulatory and supervisory gap between the banking industry and other fin...
Military pension fund Asabri ‘fine’ despite investment problems, minister says
Business 6 months ago

Military pension fund Asabri ‘fine’ despite investment problems, minister says

Asabri has been in the spotlight as its stock portfolio plunged by more than 95 percent last year.
Government readies insurance holding company to save Jiwasraya by February
Business 6 months ago

Government readies insurance holding company to save Jiwasraya by February

The holding company is projected to have a total of Rp 1.5 trillion (US$109.7 million) to Rp 2 trill...
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