July 23, 2016 7:51 PM ET

Insurance

Company Overview of PT Asuransi Jiwa Manulife Indonesia

Company Overview

PT Asuransi Jiwa Manulife Indonesia provides life insurance and employee benefits, and mutual funds and asset management services in Indonesia. The company offers individual insurance programs that cover medical expenses for a long-life term until age of 99 years old; life insurance protection programs; term insurance protection programs; insurance programs for parents in preparing for the education fund; life insurance programs that combine life insurance with investment for those who want to prepare for their children’s education fund; and life insurance programs that provide protection for retirement age needs. It also offers life and investment programs; rider programs that provide hospi...

Sampoerna Strategic Square

South Tower, 3rd- 17th Floor

Jalan Jenderal Sudirman Kav.45

Jakarta,  12930

Indonesia

Founded in 1985

Phone:

62 21 2555 7788

Fax:

62 21 2555 7799

Key Executives for PT Asuransi Jiwa Manulife Indonesia

Chief Executive Officer
Chief Operating Officer, Executive Vice President and Director
Vice President Director and Head of Employee Benefits & Sharia Business
Chief Agency Officer and Director
Head of Marketing & Communications and Vice President
Compensation as of Fiscal Year 2016.

PT Asuransi Jiwa Manulife Indonesia Key Developments

Manulife Indonesia Appoints Indren S. Naidoo as Chief Executive Officer

Manulife Indonesia announced the appointment of Indren S. Naidoo as the new Chief Executive Officer, effective May 11, 2016. Based in Jakarta, Indren will be responsible for leading the business, and helping more customers in Indonesia achieve their goals through the company's innovative solutions and diversified distribution channels. Prior to his new position, Indren was Regional Chief Executive Officer for Thailand, Vietnam and Cambodia, a role he held since 2013. Before joining Manulife in 2009, Indren worked as Chief Financial Officer for major multinational life insurance companies in Asia.

Manulife Indonesia and Bank Muamalat Launch Zafirah Save Link, New Sharia-Compliant Plan

Manulife Indonesia and Bank Muamalat have announced the launch of Zafirah Save Link, a sharia-compliant, unit-linked plan. Zafirah Save Link is the first product launched under their Bancassurance brand 'Zafirah'. Zafirah Save Link is a unit-linked life insurance product with a focus on saving regularly for a secure future. It is designed for those who seek insurance protection under sharia principles and invest in sharia compliant funds. The launch of Zafirah Save Link is part of Bank Muamalat's continuing effort to provide customers with a comprehensive range of products and services which meet their financial needs. Zafirah Save Link is an investment and insurance product that provides optimal yield and optimal protection. There are plan options that meet every customer's need for insurance coverage. There are varying options in terms of the size of the sum assured as well as additional protection riders. Customers will also have the flexibility to choose investment funds that match their long-term investment plans and meet their individual risk profile.

PT Asuransi Jiwa Manulife Indonesia Signs Long-Term Strategic Bancassurance Partnership with Bank Muamalat

PT Asuransi Jiwa Manulife Indonesia and Bank Muamalat signed a new, long-term strategic bancassurance partnership. Bank Muamalat's clients in Indonesia will have access to a wide range of Manulife's insurance solutions via Bank Muamalat's extensive retail network in Indonesia and other distribution channels such as telemarketing. The strategic alliance builds on the leading presence, complementary strengths and established bancassurance capabilities of both Manulife and Bank Muamalat in Indonesia. The new partnership is expected to deliver significant value to the more-than-four million clients of Bank Muamalat. Clients will benefit from the bank's strong Islamic banking capabilities and a leading portfolio of sharia-compliant insurance solutions from Manulife with life protection and long-term savings elements. At the initial phase of the partnership, Bank Muamalat clients will have access to six selected Manulife sharia-compliant insurance solutions spanning the categories of life protection and savings elements, such as term life insurance, unit link, personal accident, health insurance, and credit life. More sharia-compliant insurance solutions will be introduced subsequently, fulfilling the increasing demand of clients for insurance as part of their total wealth management, including simple sharia life insurance products for mass market, sharia unit link products for affluent customers, and sharia credit life.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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