Insurance firm PT Pan Pacific Insurance says it is eyeing Rp 200 billion (US$22 million) in premium this year, up from Rp 72 billion last year.
We will open six branches this year, Pan Pacific Insurance president director Marcel Colondom said Thursday, as quoted bykontan.co.id
The company is in the process of selectingsix cities — deciding between Pekanbaru, Lampung, Bogor, Cirebon, Semarang, Malang, Balikpapan, and Makassar — to host new branche offices.
A new branch in Kelapa Gading also opened on Thursday, and is expected to generate premiums of up to Rp 7 billion, Marcel said.
