​Through the decision of Members of the Board of Commissioners of Indonesia Financial Services Authority KEP-27/PD.02/2025 on January 25th 2025, members of the Board of Commissioners of Indonesia Financial Services Authority have granted life insurance business license enforcement concerning the change of name of PT Pasaraya Life Insurance to PT Asuransi Jiwa Teguh Pelita Pelindung effective since the date of Members of the Board of Commissioners’s decision is made.

With the approval of the business license enforcement, PT Asuransi Jiwa Teguh Pelita Pelindung is required to carry out its​ business activities by regularly implementing sound business practices and consistently referring to the applicable laws and regulations.