Hancock opens Bali office

Hancock opens Bali office

JAKARTA (JP): John Hancock, a major international insurance
company in the United States, officially opened on Friday a sales
and service center with its Indonesian joint venture in Bali.

The service center is the ninth office opened by PT Asuransi
Jiwa Bumiputera John Hancock, the joint venture, since the
establishment in 1987.

"Bali's growing economy plays an important role in our
expansion strategy in Indonesia," said Derek Chilvers, the
chairman of Boston-based John Hancock, at a ceremony to mark the
opening of the new office.

The American insurance company began its Indonesian operation
over 20 years ago, working with Asuransi Jiwa Bersama Bumiputera
1912 to provide benefits for employees of multinational
companies. (hen)