CITYSTATE INSURANCE

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                    [ArticleID] => 149549
                    [Title] => Mergers, alliances key to survival of non-life insurers
                    [Summary] => The country’s non-life insurance industry must start a restructuring process that will involve mergers and joint ventures in the face of increasing reinsurance premiums and global financial trends.


Reinsurance premiums have reportedly increased by at least 30-percent with certain classes moving up by an incredible 100 percent due to huge losses experienced by the international reinsurance industry  resulting from the Sept. 11, 2001 terrorist attacks on the United States.


                    [DatePublished] => 2002-02-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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Mergers, alliances key to survival of non-life insurers

By Ted P. Torres | February 5, 2002 - 12:00am

The country’s non-life insurance industry must start a restructuring process that will involve mergers and joint ventures in the face of increasing reinsurance premiums and global financial trends. Reinsurance...

Banking