Last week (July 12) Bisnis Indonesia newspaper reported that CT Corp—controlled by Chairul Tanjung—had decided to partner with Prudential Financial Inc (PFI) in his small insurance firm PT Asuransi Jiwa Mega Indonesia (AJMI). CT announced this action on Tuesday (July 18), saying Pruco Life Insurance Company, subsidiary of PFI, had acquired a 49% interest in AJMI. The joint venture (JV) agreement closed on July 3, 2017.To subscribe please click here