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Emerging risks | Growth Opportunities | APAC Insurance

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Friday, October 9, 2026

Fitch downgrades Asuransi Bintang as RBC falls to 141%, fraud probe weighs on capital

The alleged IDR54bn (US$3.04m) investment fraud and payroll-related embezzlement could lead to further losses, weighing on the insurer's capital and profitability.
Fitch Downgrades Asuransi Bintang to 'BBB+(idn)'; Places on Rating Watch Negative

By 

September 18, 2026

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3 min read
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

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