AIU Targets Retail Premium to Reach Rp.420 Billion
Bisnis Indonesia, page B4, 2006-07-20
PT Asuransi AIU (American International Underwriters) Indonesia established another marketing office outside the Java Island to strengthen its market penetration in the retail market. With the expansion, AIU hopes to increase gross premium from 40 percent to 60 percent this year (Rp.420 billion, 60 percent of the targeted Rp.700 billion gross premium). The company recently appraised four cities considered to be most potential for expanding the retail market. Those cities are Ujungpandang, Balikpapan, Manado and Batam. However, the company’s, sixty-one percent its shares are held by American International Group (AIG), is still prioritizing the corporate market (focusing on engineering policy).

AIU Cooperates With Mclaren to Examine Lapindo Claim
Bisnis Indonesia, page B4, 2006-07-14
PT Asuransi AIU (American International Underwriter) Indonesia is cooperating with PT Mclaren Indonesia to examine the third party liabilities (TPL) loss that has to be paid to the victims of PT Lapindo Brantas’ hot mud victims.