Thursday 20 September 2018
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2 months ago

More nonlife insurance firms merge

Two nonlife insurance firms will merge before yearend as a number of small players are hard-pressed to comply with the higher capitalization requirement, Insurance Commissioner Dennis B. Funa said Tuesday. We are down to 54 nonlife companies, but two will be eventually merging before the end of the year---they are actually part of a conglomerate. But I don t want to preempt their announcement. So we will be down to 53 by the end of the year, Funa told reporters on the sidelines of the launch of the AXA A

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هذه الصفحة هي مجرد قاریء تلقائي للأخبار باستخدام خدمة الـ RSS و بأن نشر هذه الأخبار هنا لاتعني تأییدها علی الإطلاق.
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