A Decision that Needs Examining

AS a result of a dispute over Rp1.43 billion, the Central Jakarta Commercial Court declared PT Prudential Life Assurance bankrupt two weeks ago. The decision was surprising because it involved an insurance company with thousands of clients that attracted more than Rp1 trillion of premiums last year. What is more, the receiver appointed by the court asked the company, which is in very good financial shape and is controlled by a giant British

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