English Version
ENGLISH
| Saturday, 20 September 2014 |
Indonesia Version
INDONESIA
Facebook
Twitter
Saturday, 20 September 2014 | 18:16
Sierra Leone Starts 3-Day Shutdown to Contain Ebola Outbreak About 30,000 volunteers will visit houses to educate
residents and provide them with hand soap and to look for
patients or bodies hidden in houses.
Saturday, 20 September 2014 | 18:14
Cepu's Mooring Tower Project Completed   The Mooring Support Structure (MSS) of the Engineering,
Procurement and Construction (EPC) project 3 at Cepu block has
been completed.
OJK Revokes Asuransi Jiwa Nusantara Business License
Friday, 14 June, 2013 | 13:20 WIB
OJK Revokes Asuransi Jiwa Nusantara Business License

TEMPO.CO, Jakarta - The Financial Services Authority (OJK) has revoked the business license of life insurance company Asuransi Jiwa Nusantara. The revocation was stipulated under the OJK Board of Commissioner Directives No. KEP-42/D.05/2013 issued on June 12.

Supervisory deputy commissioner Ngalim Sawega said that Asuransi Jiwa Nusantara has failed to fulfill the requirements on financial health, including risk based capital, investment consideration ratio of technical reserves to claim debts, and subordination repayments. The company has been given the chance to meet the requirements and was sanctioned to postpone their business activities until June 10.

"However, until the designated deadline, the company could not overcome [its financial situation]; therefore, based on existing law, an annulment is in order," said Ngalim in a press release on Thursday, June 13.

RIRIN AGUSTIA