Indonesia may inject $1b into troubled state insurer Jiwasraya

Indonesia may inject $1b into troubled state insurer Jiwasraya

Jakarta traffic. Photo by ekoherwantoro on Unsplash

Indonesia may inject around 15 trillion rupiah ($1.09 billion) of capital to the financially embattled life insurer Asuransi Jiwasraya to help the state firm pay off maturing policies, a lawmaker said on Tuesday.