22 Jun 2022 08:38 (1 tahun 3 bulan lalu) -
JAKARTA – PT Lippo General Insurance Tbk (LPGI) plans to elevate its authorised capital to IDR 150 billion, going in accordance with the plan of the controlling shareholder change in the company. The minimum core capital will then match the requirement set by the Financial Services Authority (OJK) regarding the minimum capital of insurance and reinsurance companies. Agus Benjamin, President Director of Lippo General Insurance, said that the minimum capital requirement is stated in the OJK Regulations (POJK) No.67/2016. “However, this level has yet to be reached as the company was established in 1963, way before said regulation took effect,” ...