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News - Indonesia: Three Reinsurers Should Merge, Says Former Chairman of AAUI

Source: Asia Insurance Review | May 2008


Indonesia’s three government-owned reinsurers, PT Tugu Reasuransi Indonesia (Tugu-Re), PT Reasuransi Internasional Indonesia (Reindo) and PT Nasional Re (Nasre), need to merge to create a single stronger company to absorb national capacity, said former Chairman of Asosiasi Asuransi Umum Indonesia (AAUI) Frans Y Sahusilawane in his autobiography.

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