Posted inAT Finance, China, Indonesia, South Asia, World

Indonesian insurer faces actuarial moment

Still hanging in the balance, the restructuring of Indonesia’s troubled AJB Bumiputera 1912 mutual insurance company has raised hard questions about why successive governments allowed it to continue to hemorrhage cash for nearly two decades. President Joko Widodo’s government has yet to call in the Anti-Corruption Commission (KPK) to investigate the management of a firm […]

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