Insurance

KarimSyah was heavily involved in Indonesia's recent efforts to strengthen its insurance industry and KarimSyah was very much in the thick of the action. We assisted a state-owned entity (BUMN) in establishing a national reinsurance company, and also assisted in restructuring a number of both insurance and reinsurance companies. In more general matters, we have conducted legal due diligence on several insurance companies and have assisted resolution of insurance claims before the Indonesian Insurance Mediation Board (BMAI), as well as other fora. One of our members, Mr Iswahjudi Karim, currently holds the position as the commissioner of the Indonesian branch of a major international insurance company. As such, KarimSyah is recognized by most surveys and publications as one of the leading insurance and reinsurance firms in Indonesia.