PREMIUM LEAPS AT INDONESIA RISK CARRIER

First-half premium income at Indonesian life insurer PT Asuransi Jiwa Manulife totalled Rp666bn (US$73m) representing a 148% year-on-year increase. According to company president David Beynon this was the result of strong bancassurance growth through co-operation with banks, as well as success in the sales of individual insurance through agents. He told Indonesian newspaper Bisnis Indonesia the company's investment was dominated by bonds which accounted for 60% of the portfolio with investment in stock markets accounting for 18%.