Yasril Rasyid, President Director of PT Tugu Pratama Indonesia, said that more than 10 foreign and domestic investors have expressed their interest in PT. Tugu Reasuransi Indonesia. ?We expect to finalize the prospective investor selection by the first and second quarters of 2015 to decrease the number of prospective investors to five investors, he said to IFT.

He said the entire prospective investors of Tugu Reasuransi are reinsurance companies from Asia and Europe. However, Rasyid declined to mention the identities of the prospective investors. ?The prospective investors will invest in Tugu Reasuransi through rights offering, he said.