MAPFRE Sells Indonesian Insurance Business Stakes in Warburg Pincus

Posted on 03/09/2022

Mapfre, S.A. (MAPFRE) is a Spanish multinational insurance company, based in Majadahonda, Madrid. MAPFRE is a global insurance company present on five continents. MAPFRE has decided to exit the Indonesian market by selling its controlling interests in two local units. MAPFRE is selling a 62.33% stake in publicly listed PT Asuransi Bina Dana Arta (ABDA)…

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