Revisiting the Troubled AJB Bumiputera

The restructuring process of Asuransi Jiwa Bersama Bumiputera (AJBB), which is responsible for more than 6.7 million of policyholders, is still ongoing after so many years had passed. Earlier this year, the firm started socializing the repayment of losses incurred by the policyholders after the Financial Rehabilitation Plan (RPK) submitted to the Financial Services Authority (OJK) was accepted. However, the process did not go as expected. Recently, more than 200 policyholders decided to file a lawsuit against the firm.To subscribe please click here