[ad_1]
Jakarta, CNBC Indonesia – The government, through the Ministry of BUMN, finally chose the scheme rescue in or a capital injection of 22 billion IDR to save PT Asuransi Jiwasraya (Persero).
These funds will then be injected into IFG Life, a new life insurance company formed by the government under PT Bahana Pembimbing Usaha Indonesia (BPUI) or Bahana as a BUMN Holding of insurance and guarantees.
Special staff of the minister of BUMN, Arya Sinulingga, explained that there are several reasons why the government and BUMN, as shareholders, inject this State Capital Participation (PMN).
First, Jiwasraya is a state-owned company whose shares are owned by the government.
“This concerns the government’s credibility towards BUMN, so it is quite natural that as a shareholder the government should be responsible to its own company,” Arya said at an online press conference Sunday night (10/4 / 2020).
Arya continued, the Jiwasraya case has been going on for a decade, so the government has to do something like that or not. rescue in to solve the Jiwasraya problem by investing in capital or covering the losses of Jiwasraya.
In addition, the Ministry of BUMN ensures that it will comply with the obligations of the insured in installments for all insured, that until August 31, 2020, the figure has reached 2.63 million people, of which more than 90% of clients are insured from pension programs and lower middle class. .
Next, Arya said, policyholders can still receive most of their rights, this option is better than settlement.
“For AJS [Jiwasraya] The settlement will be less, this is better even if it does not comply with all the rights obligations of the insured, “he said.
The BUMN Ministry also hopes that this bailout will maintain public trust in BUMN, the government and the insurance industry in general.
“Fourth, we avoid the biggest losses from AJS. We don’t want that,” he said.
[Gambas:Video CNBC](bag of bag)
