Scandal-Hit Indonesian Insurer, with $2B Financial Hole, Could Get Government Bailout

Policyholders at Indonesia’s state-owned PT Asuransi Jiwasraya are looking to the government to rescue the scandal-hit insurer, which has uncovered a $2 billion hole in its books. The crisis affects 17,000 buyers of investment products and 7 million clients, and …

from News – Insurance Journal