INDONESIA - TAKAFUL - BNI Life premiums achieve the target of Rp 1.9 trillion in 2012

www.kontan.co.id - JAKARTA. PT BNI Life Insurance target for the premise of Rp 1.9 trillion to the end of 2012. The amount is up about 72% compared to last year.

"Until the end of 2011, we obtained a premium of Rp 1.1 trillion," said A Junaedy Ganie, Director of BNI Life.Rabu (11/4). Just a reminder, last year, the acquisition of life indeed BNI premium had declined from Rp 1.3 trillion in 2010

Junaedy said, in the year, it would raise the premiums from bancassurance to 51% of total premiums in 2012. Moreover, the acquisition premium to be gained from other business lines, such as agency (agency), group insurance or employee benefits, as well as units of Islamic business. (source)

INDONESIA - BANKING - Indonesian lender BNI Syariah ready for divestment

Indonesian state lender PT Ban Negara Indonesia (BNI, IDX:BBNI) said its sharia bank subsidiary, BNI Syariah, is ready to be sold to strategic investors.
BNI Syariah is in a better position compared to other BNI's subsidiaries to be divested, BNI's finance director Yap Tjay Soen said.
BNI is considering to sell part of its shares in four subsidiaries - BNI Syariah, BNI Securities, BNI Multifinance and BNI Life. (source)