Regulation Of The Minister Of Finance Number 01/fmd. 010/2011 2011

Original Language Title: Peraturan Menteri Keuangan Nomor 01/PMK.010/2011 Tahun 2011

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c5135730a20b870313233343030.html

BN 1-2011 fnHeader (); The text is not in the original format.
Back NEWS of the REPUBLIC of INDONESIA No. 1, 2011 REGULATIONS the MINISTER of FINANCE of the REPUBLIC of INDONESIA number 01/FMD. 010/2010 ABOUT the CHANGES to the REGULATION of the MINISTER of FINANCE NUMBER 74/FMD. 010/2007 ABOUT the CONDUCT of the INSURANCE COVERAGE on a MOTOR VEHICLE INSURANCE BUSINESS LINES with the GRACE of GOD ALMIGHTY the MINISTER of FINANCE of the REPUBLIC of INDONESIA, Considering: a. that in order to obtain premium rate calculation reference and backup costs, premiums have not been associated with income is marketing insurance on motor vehicle insurance business lines need to refine the risk profile and the report format as well as data loss cost administration and other general costs for motor vehicle insurance business lines as set out in the regulation of the Minister of finance Number 74/FMD. 010/2007 about the conduct of the insurance coverage on a motor vehicle Insurance Business Lines;
b. that based on considerations as referred to in letter a, the need to set a regulation of the Minister of finance about the changes to the regulation of the Minister of finance Number 74/FMD. 010/2007 about the conduct of the insurance coverage on a motor vehicle Insurance Business Lines;
Remember: 1. Act No. 2 of 1992 about Venture Perasuransian (State Gazette of the Republic of Indonesia No. 13 of 1992, an additional Sheet of the Republic of Indonesia Number 3467);
2. Government Regulation Number 73 Year 1992 about Conducting Business Perasuransian (Gazette of the Republic of Indonesia Number 120 in 1992, an additional Sheet of the Republic of Indonesia Number 3506) as it has several times changed with the Government Regulation Number 81 in 2008 (State Gazette of the Republic of Indonesia Number 212 in 2008, an additional Sheet of the Republic of Indonesia Number 4954);
3. Presidential Decree Number 56/P in 2010;
4. Regulation of the Minister of finance Number 74/FMD. 010/2007 about the conduct of the insurance coverage on a motor vehicle Insurance Business Lines;

Decide: define: REGULATION of the MINISTER of FINANCE ABOUT the CHANGES to the REGULATION of the MINISTER of FINANCE NUMBER 74/FMD. 010/2007 ABOUT the CONDUCT of the INSURANCE COVERAGE on the INSURANCE LINE of BUSINESS motor vehicles.

Article I a few provisions in the regulation of the Minister of finance Number 74/FMD. 010/2007 about the conduct of the insurance coverage On the insurance line of Business motor vehicles, modified as follows: 1. The provision of article 7 is modified to read as follows: article 7 (1) General insurance company that marketed the motor vehicle insurance product each year submit a report mandatory profile data as well as data loss risk and administrative costs and other general costs for the line of business of motor vehicle Insurance is presented based on the calendar year to the Minister.
(2) the report referred to in subsection (1) mandatory delivered at least every 30 April.
(3) the report referred to in subsection (1) must be equipped with: a. a cover letter signed by the directors general insurance company which among other things included: 1) submission of report data loss and risk profile of the insurance of motor vehicles; and 2) the appointment of employees on duty to provide information relating to the reports of data loss and risk profile of the insurance of motor vehicles accompanied by telephone numbers and e-mail;
b. statement of Directors and experts who stated that general insurance company has been presenting data correctly;
c. data coverage;
d. claims data;
e. recapitulation of data protection;
f. recapitulation of claims data;
g. analysis of premiums;
h. analysis of claims; and i.   underwriting surplus analysis.
(4) the report referred to in subsection (3) must meet the following conditions: a. the documents referred to in letter a and letter b was delivered in the form of hard copy;
b. documents as stated on the letter c and the letter d is delivered in the form of soft copy format databasefile (UR*.dbf);
c. documents as stated on the letter e to with the letter i delivered in the form of hard copy and soft copy format spreadsheets; and d.  documents as stated on the letter c until the letter i contains profile data as well as data loss risk and administrative costs and other general expenses for one (1) calendar year before.
(5) the Format of the reports referred to in paragraph (3) are as listed in the appendix to this regulation of the Minister of finance, which is the part that is an integral part of the regulation of the Minister of finance.
(6) the Format of the reports referred to in paragraph (5) be reviewed and changes set forth by the Chairman of the Board of Trustees of the capital market and financial institutions.

2. The provisions of article 8 is amended to read as follows: article 8 in the submission of reports in 2011, general insurance company is obligated to report the profile data as well as data loss risk and administrative costs and other general costs for the line of business of motor vehicle Insurance as referred to in article 7 paragraph (1), for the calendar year 2009 and 2010.
3. Annex 2 regulations of the Minister of finance Number 74/FMD. 010/2007 about the conduct of the insurance coverage on a motor vehicle Insurance Business Line modified so that it becomes as set out in the annex to the regulation of the Minister of finance, which is the part that is an integral part of the regulation of the Minister of finance.
Article II Regulations this Minister of Finance took effect on the date of promulgation.

In order to make everyone aware of it, ordered the enactment of these Regulations the Minister of finance with its placement in the news of the Republic of Indonesia.

Established in Jakarta on January 4, 2011 at the INDONESIAN FINANCE MINISTER AGUS MARTOWARDOJO D.W., Enacted in Jakarta on January 4, 2011 MINISTER of LAW and HUMAN RIGHTS Republic of INDONESIA, PATRIALIS AKBAR fnFooter ();