Prudential close to buy AIG’s Asia

Monday, March 1st, 2010

British insurer Prudential PLC said Monday it was in advanced talks to buy the Asian operations of US insurer American International Group Inc. News reports say the deal could be worth around US$30 billion or more.

Bapepam-LK released vehicle insurance regulations

Sunday, January 3rd, 2010

Bapepam-LK released vehicle insurance regulations Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) issued new regulations for motor vehicle insurance and is valid from March 1, 2010. Chairman of Bapepam-LK Fuad Ahmad Rahmany said regulations issued December 31, 2009 was the reference element and the Pure Premium Cost Elements General Administration and ...