Jakarta, CNBC Indonesia- OJK is ready to extend paid-up capital for the institution of paid-up capital for insurance coverage firms, reinsurance firms, sharia insurance coverage and sharia reinsurance. It was acknowledged that the paid-up capital was elevated to IDR 500 billion for insurance coverage firms and IDR 1 trillion for reinsurance firms.
President Director of PT Asuransi Bintang Tbk, Hastanto Sri Margi Widodo, considers that this new regulation is in accordance with the Assertion of Monetary Accounting Requirements (PSAK) 74 to anticipate enterprise dangers, though efforts are at present wanted to realize the capital goal referred to by the OJK.
For the reinsurance trade, the President Director of PT Reasuransi Indonesia Utama (Persero), Benny Waworuntu, additionally views this regulation as optimistic to encourage reinsurance capability to offer larger safety.
What’s the readiness of enterprise actors for the duty to extend capital within the insurance coverage and reinsurance trade? In full, see Anneke Wijaya’s dialogue with the President Director of PT Asuransi Bintang Tbk (ASBI), Hastanto Sri Margi Widodo and the Primary Director of PT Reasuransi Indonesia Utama (Persero), Benny Waworuntu and the President Director of PT Reasuransi Maipark Indonesia, Kocu Andre Hutagalung in Energy Lunch, CNBC Indonesia ( Thursday, 04/05/2023)