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Dai-ichi to buy Panin Life 

Insurance News

  -  June 5, 2013
Dai-ichi Life is paying US$337 mil to buy 40% of Panin Life.  It also plans to enter into a long-term exclusive bancassurance agreement with Panin Bank.
Dai-ichi to buy 40pc of Indonesia's Panin Life - Business Times DAI-ICHI Life Insurance Co Ltd said yesterday that it had agreed to buy a 40 per cent stake in Panin Life of Indone-sia for US$337 million (RM1.04 billion), extending its expansion into Southeast Asia's biggest economy as it hunts for growth overseas.


Posted by Loo Hai Wednesday, June 5, 2013 7:12:00 PM Categories: Dai-ichi Merger Panin
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