OJK Seizes Rp113.97 Billion in Assets in PT Jiwa Prolife Indonesia Case

Indonesia's Financial Services Authority (OJK) has confiscated assets totaling 113.97 billion rupiah (approximately $7.5 million USD) as part of an investigation into alleged insurance fraud by PT Jiwa Prolife Indonesia, formerly known as PT Asuransi Jiwa Indosurya Sukses. The operation, which took place on Thursday, July 9, 2026, resulted in the securing of 485 pieces of evidence.

Officials, including OJK Chairman Friderica Widyasari Dewi and representatives from the Attorney General's Office, presented the findings at a press conference in Jakarta. The seizure is a significant step in the legal enforcement process targeting alleged criminal activities within the country's financial services sector. The OJK emphasized that these measures are crucial for upholding the integrity of the insurance industry and protecting consumers.

The case involves alleged fraudulent practices by PT Jiwa Prolife Indonesia. The confiscated assets are intended to be used as part of the legal proceedings against the company. This action underscores the OJK's commitment to combating financial crime and ensuring accountability within the financial services industry.