BestWeek Asia/Pacific: Reliance Life Points the Way to Private Capital in India
OLDWICK, N.J.-(Business Wire)-September 28, 2009 - This week’s edition of BestWeek Asia/Pacific looks at the efforts of India’s Reliance Life to tap capital markets for private equity, a move that may foreshadow a rush of insurers in the country to list shares.
A.M. Best Co.’s BestWeek Asia/Pacific is a multimedia online digital newsletter for insurance professionals. The 29 September edition is available at www.bestweek.com/bwap092909.html or by visiting www.bestweek.com.
This week’s edition also examines the efforts of regulators in the Asia-Pacific region to adopt risk-based solvency standards along the lines of Europe’s Solvency II.
The edition includes audio interviews with Jason Sadler, a managing director with HSBC Insurance, on his company’s business development in Hong Kong; David Lightfoot, managing director of Guy Carpenter Instrat, on solvency rules; and Sam Ghosh, chief executive officer of Reliance Capital, on Reliance Life’s capital-raising plans.
Video reports include a review of the A.M. Best Stock Indexes for Asia/Pacific, Global Brokers and Global Reinsurers and video news updates.
For a complimentary subscription, visit www.bestweek.asia.
Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.
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