The Indonesia Financial Services Authority (OJK) granted a license to a new reinsurance company, Orion Reasuransi Indonesia (Orion Reinsurance), on 4 April 2024.
Based in Jakarta, Orion Reinsurance is the eighth reinsurer to be licensed in the country, alongside Maskapai Re, Reinsuransi Maipark Indonesia, Tugu Reasuransi Indonesia, Reinsuransi National Indonesia, Reinsurance Indonesia Utama, Reasuransi Nusantara Makmur and Indoperkasa Suksesjaya Reasuransi.
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