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The Jakarta Post
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insurance

Asabri hopes to recover lost Rp 10.9t investment
Business 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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...
House to form committees to probe Jiwasraya scandal
National 1 year 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...
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