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Indonesia Financial Group to Releases Rupiah Bond US$709M

JAKARTA (TheInsiderStories) - Insurance and underwriting firm, Indonesia Financial Group (IFG), to releases the domestic bond worth of Rp10 trillion (US$709.22 million) to restructure PT Asuransi...

Indonesia Financial Group to Manages US$5B of Assets

JAKARTA (TheInsiderStories) - The new state-owned insurance and guarantee company, Indonesia Financial Group (IFG), to manages Rp72.5 trillion (US$4.93 billion) of assets, said the...

Indonesian Govt Injects Jiwasraya US$1.48B, Forms IFG Life

JAKARTA (TheInsiderStories) - Indonesian government ready to inject fresh capital worth of Rp22 trillion (US$1.48 billion) to state-owned insurance firm, PT Asuransi Jiwasraya through its parent,...

Bahana Forms Indonesia Finance Group LIfe to Save Jiwasraya

JAKARTA (TheInsiderStories) - The new insurance holding company, PT Bahana Pembinaan Usaha Indonesia (BPUI) will form an insurance unit, Indonesia Finance Group (IFG) Life, to save...

Owner Involved in Jiwasraya Case, Trada Alam’s Shares to be Delisted

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Trada Alam Minera Tbk (IDX: TRAM), have the potential to be delisted forcibly from the Indonesian Stock...

FSA’s Official, 13 Managers Become a New Suspects of Jiwasraya Cases

JAKARTA (TheInsiderStories) - Attorney general named deputy commissioner of Financial Services Authority (FSA), Fakhri Hilmi, and 13 investment managers as the new suspect of corruption case...

Benny TJokro Shouted Bakrie Involves in Jiwasraya Cases

JAKARTA (TheInsiderStories) - Benny Tjokrosaputra, a suspect in the bribery case with PT Asuransi Jiwasraya, accused the Supreme Audit Agency protected the Bakrie Group in...
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