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                    [ArticleID] => 286055
                    [Title] => Mapfre Asia acquiring Insular General
                    [Summary] => Mapfre Asian Insurance Corp. is reportedly acquiring a majority stake in Insular General Insurance Co. Inc. (i-Gen), the non-life insurance subsidiary of the Insular Life Assurance Corp. 


Foreign insurer Mapfre Asian Insurance is a holder of a composite insurance license to operate as both life and non-life insurance company. 


However, industry sources said that negotiations were still ongoing as officials of Insular Life is mulling selling its non-life subsidiary lock-stock-and-barrel. 


                    [DatePublished] => 2005-07-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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MAPFRE ASIA INSURANCE

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                    [ArticleID] => 286055
                    [Title] => Mapfre Asia acquiring Insular General
                    [Summary] => Mapfre Asian Insurance Corp. is reportedly acquiring a majority stake in Insular General Insurance Co. Inc. (i-Gen), the non-life insurance subsidiary of the Insular Life Assurance Corp. 


Foreign insurer Mapfre Asian Insurance is a holder of a composite insurance license to operate as both life and non-life insurance company. 


However, industry sources said that negotiations were still ongoing as officials of Insular Life is mulling selling its non-life subsidiary lock-stock-and-barrel. 


                    [DatePublished] => 2005-07-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

        )

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Mapfre Asia acquiring Insular General

By Ted P. Torres | July 12, 2005 - 12:00am

Mapfre Asian Insurance Corp. is reportedly acquiring a majority stake in Insular General Insurance Co. Inc. (i-Gen), the non-life insurance subsidiary of the Insular Life Assurance Corp. Foreign insurer Mapfre...

Banking