Indonesia to restructure insurance sector
The Indonesian Ministry of State Enterprises plans to merge four
state-owned reinsurance companies into a new state-owned one with a
minimum asset of 70 trillion Rp (over 7 billion USD).
The Indonesian Ministry of State Enterprises plans to merge four
state-owned reinsurance companies into a new state-owned one with a
minimum asset of 70 trillion Rp (over 7 billion USD).
Relndo, Tugu-Re, Nasional-RE and PT Tugu Reasuransi Indonesia will be merged into PT Asuransi Ekspor Indonesia (ASEI), Minister Dahlan Iskan said, adding that the merger will enable the government to have a reinsurance company with huge capital and assets.
He expressed his wish that the merger will be realized in the next two months so that the new company can start operations fully in 2014.-VNA
Relndo, Tugu-Re, Nasional-RE and PT Tugu Reasuransi Indonesia will be merged into PT Asuransi Ekspor Indonesia (ASEI), Minister Dahlan Iskan said, adding that the merger will enable the government to have a reinsurance company with huge capital and assets.
He expressed his wish that the merger will be realized in the next two months so that the new company can start operations fully in 2014.-VNA
You should also see
Visitors flock to memorial commemorating Dien Bien Phu victory
Numerous groups from around the country have visited the Dien Bien Phu Historical Victory Museum, a repository of artefacts and documents about Vietnam’s resounding victory that echoed around the world.
See more
ASEAN
ASEAN Future Forum 2024 looks to ensure comprehensive security for community
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
ASEAN
ASEAN Future Forum 2024 enters first session
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN
Canada, ASEAN consolidate climate change response, economic cooperation
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN
ASEAN youth empowered to unleash potential: ASEAN chief
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
World
Thailand urged to increase proportion of renewable power generation
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
