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OJK Revokes Reinsurance Business License of ReINDO’s Sharia Unit

OJK Revokes Reinsurance Business License of ReINDO’s Sharia Unit

July 25, 2016

 

​The Board of Commissioners of the Financial Services Authority (OJK) revoked the license to conduct business activities in the reinsurance field previously granted to the Sharia unit of PT Reasuransi International Indonesia. The revocation is effective from the date the relevant OJK’s Board of Commissioners Decision is promulgated.

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