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On 31 August 2015, the Financial Services Authority (Otoritas Jasa Keuangan or OJK) issued several circular letters as a stimulus policy package to minimize the detrimental effects of unstable global financial conditions, at that time, on the insurance and pension fund business sector. The stimulus package applied to insurance and reinsurance companies (conventional and syariah) and pension funds whose investment values had dropped such that the investment values no longer reflected their fair value and/or such insurance companies' and pension funds' solvability levels had dropped below the required minimum solvability level (Leniency Circular Letters).

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