Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fitri Novia Heriani, Mahinda Arkyasa
In an effort to increase state revenue from the insurance industry, insurance businesses and insurance business experts urged the Government to re-establish PT Reasuransi Umum Indonesia (state-owned reinsurance business) through the means of state investment.
Abduh Sudiyanto, an insurance expert, explained to Commission XI (Commission) of the House of Representatives on Wednesday (16/1) that “reinsurance companies will reduce exposure to loss and generate more state revenue that originates from foreign countries.”
A similar idea to re-establish state-owned reinsurance companies was initially conveyed by Cornelius Simanjuntak, Chairman of the General Insurance Association of Indonesia (AAUI), in a discussion on a draft bill on insurance businesses with the Commission last week.
He asserted that in order to establish a big reinsurance company, the insurance industry needs IDR 3 to 4 billion from the Government.
Meanwhile, another insurance expert Frans Sahusilawane informed the Commission that in 1954, because of the reinsurance companies, 60% of the state revenue was gained from the insurance industry.
Frans asserted that PT Reasuransi Utama Indonesia collapse was caused by the lack of knowledge regarding reinsurance businesses and rupiah depreciation.
However, Frans was confident that with the current economic condition, Indonesia can establish state-owned reinsurance companies.
He concluded that the draft bill on insurance businesses, which is currently being discussed by the Government, can serve as a legal framework to establish the reinsurance businesses.
(jt)
Fitri Novia Heriani, Mahinda Arkyasa
In an effort to increase state revenue from the insurance industry, insurance businesses and insurance business experts urged the Government to re-establish PT Reasuransi Umum Indonesia (state-owned reinsurance business) through the means of state investment.
Abduh Sudiyanto, an insurance expert, explained to Commission XI (Commission) of the House of Representatives on Wednesday (16/1) that “reinsurance companies will reduce exposure to loss and generate more state revenue that originates from foreign countries.”
A similar idea to re-establish state-owned reinsurance companies was initially conveyed by Cornelius Simanjuntak, Chairman of the General Insurance Association of Indonesia (AAUI), in a discussion on a draft bill on insurance businesses with the Commission last week.
He asserted that in order to establish a big reinsurance company, the insurance industry needs IDR 3 to 4 billion from the Government.
Meanwhile, another insurance expert Frans Sahusilawane informed the Commission that in 1954, because of the reinsurance companies, 60% of the state revenue was gained from the insurance industry.
Frans asserted that PT Reasuransi Utama Indonesia collapse was caused by the lack of knowledge regarding reinsurance businesses and rupiah depreciation.
However, Frans was confident that with the current economic condition, Indonesia can establish state-owned reinsurance companies.
He concluded that the draft bill on insurance businesses, which is currently being discussed by the Government, can serve as a legal framework to establish the reinsurance businesses.
(jt)