Astra CMG opens new office

Astra CMG opens new office

JAKARTA (JP): PT Astra CMG Life, a joint venture of
Indonesia's Astra International Group and Australia's Colonial
Group, has opened a new marketing office in Pekanbaru to cater to
the growing demand for life insurance services in the Riau
provincial capital.

The Riau opening brings to 14 Astra CMG's marketing offices
nationwide.

It has five marketing offices in Jakarta, two in Bandung, and
one each in Surabaya, Malang, Banjarmasin, Medan, Palembang and
Bandarlampung.

The company plans to open offices in Pontianak, Balikpapan,
Denpasar and Semarang soon.

Astra CMG also reported an increase of 82 percent in premium
income to Rp 49 billion (US$6.53 million) in the first nine
months of this year over the same period last year.

The Pekanbaru office is expected to contribute about 5 percent
to Astra CMG's premium income in the coming years, the company
said. (aly)