PERAN OJK MELALUI PERATURAN NOMOR 71/POJK.05/2016 TENTANG KESEHATAN KEUANGAN PERUSAHAAN ASURANSI DAN PERUSAHAAN REASURANSI TERHADAP PERUSAHAAN ASURANSI YANG MEMILIKI TINGKAT KESEHATAN KEUANGAN RENDAH

Abstract

insurance agreement in nowaday isn't only as a protection of healthiness and asset, nowadays
insurance is also used as an investment . there are so many insurance company nowadays that could
be a choice for society. because there are so many dif erent insurance company, it makes a competition
between them, as a result they are trying to make a new product that could make an interest from
people. however, the product is not always made well and their management of risk is often poor so it
need to supervision by a institution. As an example, Jiwasraya that made a product that called JS
Saving Plan that made high loss for the state. in Indonesia, OJK is a authority that made especially
with a function of regulating, evaluating, and investigation for every institution that works with a
financial scope. as a duty of OJK, they made a regulation that made especially for regulating the
financial health of the insurance company that can be found on POJK Nomor 71 Tahun 2016 and some
of SEOJK that made as a guidelines for the company to managing their financial health and also the
financial statement.in the practice, there are a loop hole from the regulation that can be an obstacle
for OJK to diagnose the poor financial level of the company. while the financial health of the company
is an important thing to avoid the loss for the people.