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 […]