ข่าวประชาสัมพันธ์ Tokio Marine Asia

Tokio Marine Increases Shareholding in PT Asuransi Tokio Marine Indonesia

Tokio Marine Holdings, Inc. ("Tokio Marine") increased its shareholding in PT Asuransi Tokio Marine Indonesia (hereinafter "TMI") from 60% to 80% through its wholly owned subsidiary, Tokio Marine Asia Pte. Ltd. ("Tokio Marine Asia"). The stake was increased through acquisition of 20% of shares held by joint venture partner, PT Asuransi Jasa Indonesia ("Jasindo"), at the price of IDR 509 billion (approximately USD 33 million). Since 1973, Tokio Marine started its non-life insurance business in