OJK Implements PSAK 74 as of January 1, 2025, Is Insurance Ready?

Jakarta, Armfalcon.com- OJK seeks to boost the credibility of the national insurance industry by ensuring the readiness of industry players to implement PSAK 74 concerning Insurance Contracts on 1 January 2025.

President Director of PT Asuransi Bintang Tbk, Hastanto Sri Margi Widodo said that currently the insurance industry is entering into parallel run preparations to implement PSAK 74.

What is the industry’s readiness for the implementation of PSAK 74? For details, see Anneke Wijaya’s dialogue with the President Director PT Asuransi Bintang Tbk (ASBI)Hastanto Sri Margi Widodo and President Director of PT Reasuransi Indonesia Utama (Persero), Benny Waworuntu and President Director of PT Reasuransi Maipark Indonesia, Kocu Andre Hutagalung in a Power Lunch,CNBCIndonesia (Thursday, 04/05/2023)