Jakarta, Armfalcon.com – There are several components that must be considered when choosing life insurance, one of which is to look at the financial health of the insurance company concerned.
Based on data compiled by Armfalcon.com, there are four life insurance companies whose problems are still being discussed today. The companies are Wanaartha Life, AJB Bumiputera 1912, Asuransi Jiwasraya and Kresna Life.
Some of the four insurance companies are in the payment recovery stage. However, there are also those whose customers are still agitated by several rejections of solutions that are considered burdensome to them.
Of course, this issue will be an important concern for prospective customers who want to buy insurance.
One indicator of the financial health of an insurance company can be seen from the value of the achievement ratio or Risk Based Capital (RBC). RBC can be interpreted as the ability to pay the insurance company’s long-term obligations, including claims.
As for the provisions of the Financial Services Authority (OJK), based on POJK No. 71/POJK.05/2016, the minimum RBC value of an insurance company is 120%. The higher, of course, the healthier.
The following is a list of the top 10 conventional life insurance companies with the highest RBC values, seen from their fourth quarter 2022 financial reports.
Buy life insurance, the sum insured can reach IDR 2 billion