Mon, Jan 10, 2000 - Page 17 News List

Non-life insurance mergers on the horizon

CONSOLIDATION Strong interest from foreign insurance companies coupled with domestic life-insurers looking to enter the fray are increasing the likelihood of more mergers and acquisitions in the local banking, insurance and finance industries

By Stanley Chou  /  STAFF REPORTER

A consolidation in this over-crowded market is inevitable, giving the strong interest of dozens of foreign insurance groups in the local market after Taiwan's entry into the WTO.

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