Jakarta –
The government has completed the PT Asuransi Jiwasraya restructuring program. Until the end of December 2023, 99.7% of policyholders have officially joined Indonesia Financial Group (IFG) Life. So what is the fate of PT Asuransi Jiwasraya?
Deputy Minister of State-Owned Enterprises Kartika Wirjoatmodjo said that currently the fate of the insurance company in the future will be liquidation or the company will no longer be a legal entity. For this reason, his party is currently discussing with the Financial Services Authority (OJK) regarding what requirements must be met for the liquidation process to run.
“Indeed, the liquidation is in the hands of the OJK because the liquidation must be with the OJK. So we will discuss with the OJK what must be fulfilled so that there will finally be a liquidation of Jiwasraya,” said Tiko at Grha Niaga, Friday (29/12/ 2023).
Furthermore, he explained that this process would likely take 1-1.5 years. After the liquidation process is complete, the remaining assets will be released to pay the company’s liabilities.
Meanwhile, Head of the Hexana Restructuring Acceleration Team, Tri Sasongko, said that the liquidation process would take around 3 years to reach the stage of legal dissolution.
“The liquidation process lasts for approximately 1, 2, 3 years. There has been a clean-up, right now, yes, then there is a legal dissolution. First of all, we will return the permit, in this case Jiwasraya will return the permit to the OJK. After the OJK receives the permit, the OJK will revoke “The business license also asked to open shares to raise the liquidation,” said Hexana.
Furthermore, before proceeding with the revocation of business permits, Hexana revealed that there were a number of processes that had to be gone through. First, his party must first ensure that the court will hand over PT Asuransi Jiwasraya’s mutual funds to their owners. Then just hand it over to IFG Life.
“Then secondly, the confiscated assets that went to Jiwasraya will be handed over to Jiwasraya. From Jiwasraya they will be handed over to IFG Life. After this stage of the process is complete, then we will enter the protocol for revoking Jiwasraya’s business license,” he explained.
He said this process had been running since last year together with the OJK. He hopes that the final results will go according to his expectations.
(kilo/kilo)
2023-12-29 12:45:08
#Restructuring #Completed #Jiwasraya #Liquidated
