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Wednesday, 26 January 2011

News Posts 20110117-20110123

Insurance News 2 local merchant banks have expressed interest to acquire OCA, one has offered 1.3 times price-to-book. G Team, the owner, is keen to consider other offers.
Tan Sri G. Gnanalingam PETALING JAYA: G Team Resources & Holdings Bhd is still keen to consider any other offers to acquire Maika Holdings Bhd’s 75% stake in Oriental Capital Insurance Bhd (OCA).
January 20, 2011

Insurance News Interesting concept: a divorce insurance to cover divorce legal expenses. To reduce anti-selection, a waiting period of 3 years apply, and with an excess. Do you think such insurance will result in higher divorce rate? What would be the rating factors? Length of marriage? Number of children?
Legal expenses insurer, Arag, has revealed that it is considering launching divorce insurance in the UK, following a government announcement that almost all Legal Aid for divorce disputes settled by the courts is to end.
January 17, 2011

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