The Financial Service Authority (Otoritas Jasa Keuangan –“ OJK ”) has issued Circular No. 1/SEOJK.05/2018 on the Form and Structure of Periodic Reports for Insurance and Reinsurance Companies (“ Circular 1/2018 ”).Circular 1/2018 sets out an official list of periodic reports that must be submitted by conventional and sharia-insurance/reinsurance companies (“ Companies ”) and also simplifies provisions which address reporting obligations, which were formerly addressed under several regulations (collectively referred to as “ Previous Circulars ”), including:
OJK Simplifies Regulations on Periodic Reporting by Insurance and Reinsurance Companies
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