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The Jakarta Post
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insurance

House to form committees to probe Jiwasraya scandal
National 6 months ago

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House to form committees to probe Jiwasraya scandal

The AGO arrested five people for their role in alleged corruption at the insurance company on Tuesda...
AGO detains former Jiwasraya boss, businessman Benny Tjokrosaputro over alleged corruption
Business 6 months ago

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AGO detains former Jiwasraya boss, businessman Benny Tjokrosaputro over alleged corruption

Jiwasraya failed to pay out on matured policies amounting to Rp 12.4 trillion due in December 2...
New OJK official wants stronger supervision of financial industry amid insurer problems
Business 6 months ago

New OJK official wants stronger supervision of financial industry amid insurer problems

Suahasil also called for closer coordination between the OJK and the government as some state-owned ...
Asabri says $728.9 million losses 'only temporary', claim payments unaffected
Business 6 months ago

Asabri says $728.9 million losses 'only temporary', claim payments unaffected

The insurer has prepared a mitigation plan to recover the decline in investment value. 
State-owned insurer Asabri faces corruption allegation after stocks plunge
Business 6 months ago

State-owned insurer Asabri faces corruption allegation after stocks plunge

The state social insurer reportedly lost Rp 10 trillion from its investment in "low qualit...
PDI-P denies involvement in Jiwasraya case, supports investigations
Business 6 months ago

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PDI-P denies involvement in Jiwasraya case, supports investigations

The PDI-P slammed an allegation that the Jiwasraya insolvency case was a way to get money to support...
Jiwasraya could have knock-on effect on financial sector
Business 6 months ago

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Jiwasraya could have knock-on effect on financial sector

Jiwasraya has been in the spotlight since it announced its failure to pay out on matured JS Saving P...
Insured but not assured
Editorial 6 months ago

Insured but not assured

Jiwasraya’s problems had been known since 2006, yet strangely, no stern actions were taken by ...
AGO to announce Jiwasraya suspects, sees indications of 'legal violations'
Business 6 months ago

AGO to announce Jiwasraya suspects, sees indications of 'legal violations'

The Attorney General’s Office (AGO) plans to announce in the next 10 weeks a list of suspects ...
Insurers expects no significant rise in claims following massive flooding
Business 7 months ago

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Insurers expects no significant rise in claims following massive flooding

The claim figure would depend on how many people expanded their insurance to cover flood risks.
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