Strategic partnership expands access of Indonesia’s growing middle class to financial protection and insurance solutions
JAKARTA, Indonesia, July 18 (Bernama-BUSINESS WIRE) -- CT Corp and U.S.-headquartered Prudential Financial, Inc. (PFI) (NYSE: PRU), have created a joint venture to provide life insurance solutions to a broad spectrum of people in Indonesia through a multi-channel distribution strategy, the companies announced today. Under the recently closed agreement, which has been approved by the OJK in Indonesia, PFI subsidiary Pruco Life Insurance Company has acquired a 49 percent interest in CT Corp’s wholly-owned life insurance subsidiary, PT Asuransi Jiwa Mega Indonesia.
http://mrem.bernama.com/viewsm.php?idm=29604
No comments:
Post a Comment