INDONESIA - TAKAFUL - Two Insurers Postpone Establishment of Islamic Business Units

www.indonesiafinancetoday.com - JAKARTA (IFT) – Insurance companies, PT Pan Pacific Insurance and PT Asuransi Jiwasraya, postponed their plans to create their Islamic business units. They will etsablish the units in 2013. (source)

TAKAFUL - Jiwasraya, Pan Pacific Establish Islamic Business Unit

JAKARTA (IFT) - PT Asuransi Jiwasraya, a state-owned life insurance company, and PT Pan Pacific Insurance, a mid-scale general insurer, plans to establish an Islamic business unit in 2012 to expand their market share.(full story)