Monday, February 26, 2018

Indonesia

Indonesia’s Sequis Life to raise number of sales staff to 66,000

Indonesia’s Sequis Life to raise number of sales staff to 66,000

Aims to become the third-largest life insurer in the country.

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Indonesia launches insurance for small business loans

Indonesia launches insurance for small business loans

Move is part of the government’s efforts to push the expansion of loans for small and medium businesses.

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Bank Rakyat Indonesia seeks life insurance partner

Bank Rakyat Indonesia seeks life insurance partner

Plans to set up an insurance unit in which it will hold a majority stake.

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Malaysia’s Tune Ins to buy controlling stake in Indonesian insurer

Malaysia’s Tune Ins to buy controlling stake in Indonesian insurer

Acquisition in line to expand insurance business to other markets in Southeast Asia.

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Maybank Ageas seeks to acquire insurance firms in Indonesia, Philippines

Maybank Ageas seeks to acquire insurance firms in Indonesia, Philippines

Discussions have been taking place with a number of parties for possible acquisitions.

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Korea’s Hanwha Life seeks to hire 650 more consultants in Indonesia

Korea’s Hanwha Life seeks to hire 650 more consultants in Indonesia

Additional outlets planned as more Korean Life Insurance Companies look to expand overseas.

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Bank Rakyat Indonesia to sell stake in life insurance arm

The Bank is seeking a partner to develop its life insurance unit BRIngin Life.

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Bank Rakyat Indonesia to acquire local life insurance company

Bank Rakyat Indonesia to acquire local life insurance company

Bank to allocate approximately USD232 million to fund its planned acquisitions.

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Indonesia to ease investment rules for insurance funds

Indonesia to ease investment rules for insurance funds

Easing the investment rules will boost the local bond market says Financial Services Authority

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Nina Klingspor, Allianz Global Corporate & Specialty

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