OJK Intensifies Oversight on Insurance and Pension Funds

Special Supervision Targets 6 Insurance Companies

The Financial Services Authority (OJK) has escalated its regulatory measures by placing 6 insurance and reinsurance companies under special supervision as of November 25, 2025. This action is part of OJK's broader efforts to address and resolve issues within the Insurance, Guarantee, and Pension Funds (PPDP) sector. The decision was announced by Ogi Prastomiyono, Head of Insurance, Guarantee, and Pension Fund Supervision at OJK, during a press conference on December 11, 2025.

Regulatory Action and Consumer Protection

The special supervision is a key component of OJK's strategy to enforce compliance with regulatory requirements and enhance consumer protection in the PPDP sector. By closely monitoring these companies, OJK aims to identify and address potential issues before they escalate, ensuring the stability and integrity of the financial services landscape.

Broader Regulatory Efforts

The move to place these companies under special supervision underscores OJK's commitment to maintaining oversight and addressing challenges within the financial services sector. This action is part of a comprehensive approach to regulatory enforcement, which includes ongoing monitoring and intervention where necessary. The OJK's efforts are geared towards safeguarding the interests of consumers and maintaining confidence in the financial system.