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Insurance Day Asia

NEWS IN BRIEF

Indonesian bank NISP... has agreed to sell only the insurance products of locally based Great Eastern Life in 2008, reports Asia Pulse . NISP President Pramukti Surjaudaja said that the bank anticipated fee income of 25bn rupiah ($2.8m) from the 390bn rupiah premium income expected in 2008. NISP is 72.29% owned by OCBC Singapore.

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