India insurance giant to focus on Takaful to boost Mena growth

India’s General Insurance Corp (GIC Re), the 15th largest re-insurer in the world, is planning to convert its Dubai office into a subsidiary as part of strengthening the Middle East and North Africa (Mena) business from which it generated premium worth $385mn.

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International Insurance news: Foreign insurers enter Myanmar market with hope, caution

The world’s top insurance firms are setting their sights on Myanmar, steeling themselves for a fight with corruption and  ghosts from the nation’s political past.

Prudential Plc, AIA Group Ltd and Manulife Financial Corp are among the global insurance giants preparing to enter  Myanmar as the government rolls out a framework for the sector’s development with the lifting of European and U.S.  sanctions. Read more