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News - Indonesia: Allianz protects 230,000 microinsurance customers in Indonesia

Source: Asia Insurance Review | Apr 2009


Allianz Indonesia has seen another great year as a microinsurer since it started the business two years ago. In 2008, the company has surpassed the milestone of Rp1 billion (US$83,400) premium income from its microinsurance business, an increase by more than 350% y-o-y. The number of total microinsurance policies quadrupled to more than 178,000 policies compared to 2007.

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