Indonesia-based insurer FWD Life Insurance has launched mobile app, dubbed Tapp, for customers who are always on-the-go. The new app will enable policyholders to gain …
Arthur J. Gallagher bolsters Singapore, Indonesia presence with IBS stakes
US-based insurance broker Arthur J. Gallagher has taken the sole ownership of reinsurance broker IBS Re Singapore and also purchased a 40% stake in Indonesian …
CBA to divest 80% of Indonesian life insurance business for $302m
Commonwealth Bank of Australia (CBA) has agreed to divest an 80% stake in its Indonesia life insurance operation, PT Commonwealth Life (PTCL). In addition, it …
Zurich Insurance to buy majority stake in Indonesia’s Adira Insurance
Zurich Insurance Group has agreed to acquire an 80% stake in Indonesian insurer Asuransi Adira Dinamika (Adira Insurance) in a deal worth IDR6.15trn ($414m). Zurich …
IAG to offload Thai, Indonesian and Vietnamese insurance business
Insurance Australia Group (IAG) has agreed to divest its Thai and Indonesian insurance businesses to Japan-based insurance form Tokio Marine, in a deal worth A$525m …