Fri, 09 Oct 1998

Riot claim settlement

We refer to the business article titled "Sinar Mas already paid 40% of May riot victims' claims" of Sept. 18. It states in the article that "...Sinar Mas is the first company to publicly announce it has paid insurance claims to riot victims after four months of uncertainty..."

Actually, PT Asuransi Allianz Utama Indonesia had already started paying claims to our clients in June 1998, as you can refer to an article in The Indonesian Observer, July 1, 1998, and another article in Bisnis Indonesia, July 2, 1998.

Management of

PT Asuransi Allianz Utama Indonesia

Jakarta