Indonesia’s Ministry of State-Owned Enterprises will transfer policies worth IDR38 trillion (US$2.4 billion) in the “biggest restructuring ever in the history of Indonesia's insurance industry.”
The acquisition, which includes Movo's extensive AR network and insurance technology platform, strengthens AUB Group’s footprint in the UK and builds on its previous investments in the region.
As part of the company’s 11th anniversary celebration, the company announced grants to provide support and financial education in local communities across Asia.
Sompo on Wednesday (14 August) announced the appointment of Aditya V. Tibrewala as Chief Executive Officer of Sompo Thailand, effective immediately.
Tibrewala joined Sompo in Singapore in 2016 as Chief...