What this blog is about?

Purpose: This blog provides brief insurance news and digest for the busy executives. It is a handy archive covering major insurance news in Malaysia and nearby countries. 

Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we are not liable for any loss arising from the use of any information contained in this blog.

Reproduction: You may reproduce materials published here provided that the source (actuaries.com.my/insurance-news) is properly acknowledged.

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
Rate this Content 0 Votes
  • RSS
  • Subscribe