Ace swoops for top 10 Indonesian insurer to diversify reach into PL
Ace has announced today that the company and its local partner have reached a definitive agreement to acquire PT Asuransi Jaya Proteksi in Indonesia for approximately $130m in cash.
Established in 1963 and headquartered in Jakarta, Asuransi Jaya Proteksi is one of Indonesia's top 10 general insurers and a leader in personal lines, offering property, motor, accident and health
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