News Life and Health03 Jan 2020

Indonesia:Jiwasraya MD explains root of insurer's failure to pay claims

| 03 Jan 2020

PT Asuransi Jiwasraya, the oldest life insurance company in Indonesia, is unable to pay customer policy claims which reached IDR12.4tn ($891m) last month, the company's president director, Mr Hexana Tri Sasongko has said. The insurance company's total debt is estimated at IDR49.6tn.

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