Thursday, July 19, 2007

Stricter rules push Thai insurers into M&A deals

(Reuters) - Stricter capital requirements imposed at the start of a
liberalisation drive a few years ago have already forced
several life and non-life insurance firms to merge or seek ties
with foreign investors such as U.S. investment bank Lehman
Brothers .




Analysts expect merger activity to accelerate as the
Department of Insurance, the government regulator, pushes firms
to strengthen their financial health and boost competitiveness.


Read more at Reuters.com Mergers News

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