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The finances of the Bumiputera Mutual Life Insurance Company of 1912 continue to suffer losses. If they fail to take strategic action in the next five years, this company, which is over a century old, could experience a deficit of Rp20 trillion.
Revenue from premiumsdespite having 6.7 million policy holdersis now insufficient to pay insurance claims and operational costs. Its assets are less than liabilities which must be paid. Over the past five years, their liabilities have grown to nearly three times the value of company assets. Various efforts to improve the finances of Bumiputera over the past 12 years have not been successful. Since 2013, Financial Services Authority (OJK) has been keeping a special watch on Indonesia's pioneer life insurance business.
HARIADHI uploaded a digital poster with the hashtag #SmartCityBadja to his Twitter account @hariadhi on Friday last week. This member of the Basuki Purnama-Djarot Saiful Hidayat campaign team, added this to the tweet: "Be ready in 3 hours. Don't got ahead of your friends. Stick together."
He called on Twitter users supporting the Basuki-Djarot ticket to liven up the discussion on Twitter about the smart city program, one of Ahok's main programs during his incumbency. Hariadhi contacted more than 25,000 followers to begin discussing about the smart city program at 8:40am.
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