MAPFRE Indonesia News

MAPFRE Gains 51% of Indonesian Insurer ABDA to Expand in South East Asia

Insurer MAPFRE, which already owned 31 percent of the insurer, has gained 51 percent and effective control of Indonesian insurance company PT Asuransi Bina Dana Arta Tbk (ABDA). The transaction was closed at a price of 90 million euros. Through …