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Dai-ichi Life buys in Indonesia

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Japanese life insurer Dai-ichi Life has bought 40% of Panin Life in Indonesia.

Japanese Dai-ichi Life Insurance says it has sealed the deal on the purchase of a 40% stake in Indonesia's PT Panin Life for 3.3trn rupees ($337m).

In a statement, Dai-ichi Life said: "The investment

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