IDB, Jasa Asuransi tie up

IDB, Jasa Asuransi tie up

MANAMA (Reuter): The Islamic Corp for the Insurance of Investment and Export Credit (ICIEC), a wholly-owned affiliate of the Islamic Development Bank (IDB), has signed a cooperation agreement with P.T. Jasa Asuransi of Indonesia.

Under the agreement, ICIEC will provide reinsurance to support the Indonesian firm's export credit insurance in return for information on Indonesian buyers and policyholders.

An ICIEC statement said Jasa Asuransi was one of major insurance firms in Indonesia which provides export credit insurance and general insurance services.