Risk Management

Risk management is an inseparable part of the implementation of good corporate governance (GCG) aims to manage the risks that are inhibiting the achievement of corporate goals as well as a tool that accelerates and exploit opportunities to create added value for the company.In implementing the risk management insurance company considers it necessary to establish guidelines and guidelines that will serve as guidelines for each element in running the company's risk management policy.It is also in line with the statutory provisions of an insurance policy which mandates the implementation of a life insurance company based on risk management.Menwajibkan risk management is that every insurance company can identify the risks faced by life insurance companies. It has also been determined in the Regulation of the Minister of Finance No. 168/PMK.010/2010 on Audit of Insurance Companies ("PMK No. 168").In some of the risks that such provision should be recognized in the application of risk management, among others:

                              1. Risk Governance and Leadership;

                              2. Risk Strategy and Planning;

                              3. Risk Compliance;

                              4. Operational Risk;

                              5. Risk Insurance;

                              6. Liquidity Risk;

                              7. Investment and Market Risk;

                              8. Risk Capital.In the guidelines / guidelines, any insurance company preparing standard operational procedures and guidelines for the application of risk management to comply with the existing as well as being a company that can develop in a sustainable (sustainable developing) in order to fulfill his pledge to every stakeholder of the company.