06:51 Video High Interest Rates, Insurance Cuts Fund Allocation in My Money Deposits – 6 hours ago

Jakarta, CNBC Indonesia- The turmoil in global financial markets in the midst of an era of high interest rates was mentioned by the President Director of BCA Life, Christine Setyabudhi, as a consideration in life insurance investment strategies.

Facing this condition, BCA Life has carried out asset rebalancing by reducing the deposit portion to 30% and increasing the SBN portion to 45%.

How does Life Insurance respond to financial market turmoil regarding investment management? For complete details, see Anneke Wijaya’s dialogue with the President Director of BCA Life, Christine Setyabudhi at Power Lunch,CNBCIndonesia (Tuesday, 17/10/2023)

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