ACE Limited acquires JaPro

by Richard Kilner

Story link: ACE Limited acquires JaPro

ACE Limited has announced that the company and its local partner have reached a definitive agreement to acquire PT Asuransi Jaya Proteksi (JaPro) in Indonesia. The deal will involve a transaction of around $130m in cash, and will see JaPro, founded in 1963 and one of Indonesia’s top 10 general insurers, join ACE. JaPro brings [...]