Asuransi Binagriya Will Not Depend on Captive Market www.e-syariah.com, 2003-12-10
The syariah (Islam-rule-based) division of PT Asuransi Binagriya Upakara projected to acquire a Rp.4 billion premium without depending on the captive market. Instead, it would focus on the property and motor-vehicle insurance segments. Due to promising future potentials, the insurance company has decided to open a syariah branch. The Ministry of Finance has issued an operational permit for the division in December 2003. Binagriya Upakara is owned by Bank BTN.
Ministry of Manpowerand Transmigration Has Appraised Indonesian Worker Reps in Singapore www.tempointeraktif.com, 2003-11-13
The Ministry of Manpower and Transmigration has appointed PT Mitra Dhana Atmharaksa as the Indonesian Foreign Worker (TKI) Insurance Consortium Co-ordinator. It has also appraised five members of the consortium which included PT Asuransi Parolamas, PT Asuransi Jasa Indonesia (Chief to the Consortium), PT Asuransi Jiwa Beringin Jiwa Sejahtera, PT Asuransi Binagriya Upakara and PT Asuransi Bumiputera Muda.
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