OJK Reveals Development of Handling 11 Troubled Insurance Companies, Licenses Revoked

OJK Reveals Development of Handling 11 Troubled Insurance Companies, Licenses Revoked

CNN Indonesia Thursday, 03 Aug 2023 19:52 WIB OJK said 11 insurance companies had problems, two of which had their licenses revoked, four submitted financial restructuring plans and the rest had not. (CNN Indonesia/Safir Makki). Jakarta, CNN Indonesia — Financial Services Authority (OJK) revealed the development of the handling of 11 companies insurance problematic Ogi … Read more

Latest Developments in PT Asuransi Jiwa Adisarana Wanaartha (Wanaartha Life) Liquidation Process and Policyholder Verification

Latest Developments in PT Asuransi Jiwa Adisarana Wanaartha (Wanaartha Life) Liquidation Process and Policyholder Verification

Jakarta, CNBC Indonesia – The liquidation team conveyed the latest developments in the bill verification process to PT Asuransi Jiwa Adisarana Wanaartha (Wanaartha Life/WAL). So far, half of the policyholder data has been verified. According to the latest data from the Wanaartha liquidation team received by CNBC Indonesia on Friday (21/7/2023), the total number of … Read more

OJK blocks all commercial routines of WanaArtha Existence!

Jakarta – Financial Providers Authority (OJK) raises sanctions on insurance policies Wana Artha Daily life who is included in a circumstance of alleged misappropriation of consumer cash. Previously, it was just a partial enterprise restriction (PKU), now it truly is comprehensive. OJK IKNB supervisor CEO Ogi Prastomiyono reported the improved penalties were being because of … Read more