Indonesia Forms Rescue Plan for Troubled State Insurer January 28, 2020 By Rieka Rahadiana and Tassia Sipahutar Indonesian authorities are weighing the induction of a strategic investor into a unit of the nation’s oldest insurer that’s on...
Indonesia to Tighten Oversight of Troubled Insurance Industry as Crisis Continues January 24, 2020 By Tassia Sipahutar and Arys Aditya With Indonesia’s oldest life insurer tottering on the brink of collapse following years of alleged mismanagement, authorities plan to tighten...
Indonesia Takes Action to Rescue State Insurers, Potentially Raising Funds January 17, 2020 Indonesia will appoint state financial firm PT Bahana Pembinaan Usaha Indonesia as a holding company for state insurers to improve...
Scandal-Hit Indonesian Insurer, with $2B Financial Hole, Could Get Government Bailout January 10, 2020 By Fathiya Dahrul and Harry Suhartono Policyholders at Indonesia’s state-owned PT Asuransi Jiwasraya are looking to the government to rescue the scandal-hit insurer, which has uncovered...
Apollo’s Life Insurance Unit Athene Holding Said to Be Examined for Caesars Link July 22, 2014 By Christopher Palmeri and Greg Farrell Apollo Global Management LLC’s dual stakes in an insurer and the largest operator of U.S. casinos are drawing scrutiny by...