Restructuring to Prevent Collapse

Jiwasraya Insurance CEO Hexana Tri Sasongko

Tempo

February 12, 2019

Assigned by the state-owned enterprises ministry of to lead Asuransi Jiwasraya, Hexana Tri Sasongko has begun to restructure the company from various angles, among others by rollovers for JS Saving Plan—an investment and life insurance product. The step is taken because Jiwasraya’s investment policy was centered on high-risk investments. Portfolio management did not consider maturity profiles, causing a difference between liabilities

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