KARACHI: The Eastern Federal Union (EFU) has planned to expand its business activities across Asia. EFU Managing Director Saifuddin N Zoomkawala stated this at a programme, organised by the 21st Century.
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April 03, 2008 (LBO) – Sri Lanka’s Sampath Bank launched a life
insurance policy scheme for its customers Thursday in a tie-up with
Eagle Insurance, saying it wants to further diversify its financial
services.
Continue reading "Sri Lanka Sampath Bank expands into bancassurance with Eagle" »
Eagle Insurance PLC, now controlled by global insurance giant Aviva, has posted strong revenue growth in the year ended December 31, 2007 but seen only a marginal improvement in profitability according to the company’s just released annual report.
Continue reading "Eagle Insurance grows revenue 22% but profit growth marginal" »
Janashakthi Insurance, Sri Lanka's leading insurance company which topped an unprecedented premium income while being in operation for just over a decade and the ICICI Bank, India's largest private bank with assets of over US$ 96 billion as of December 31, 2007 joined forced in a strategic partnership for bancassurance arrangement.
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Janashakthi Insurance and ICICI Bank concluded discussions for a bancassurance channel agreement in Mumbai recently.
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Powered by the global expertise of Aviva, Eagle brings the best of global insurance to Sri Lanka and launches the comprehensive Aviva IFS Global Health Insurance, a press release said.
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Jakarta (ANTARA News) - Finance Minister Sri Mulyani Indrawati has revoked the business license of PT Danamon Insurance in Decree No Kep-176/KM.10/007 dated 17 September 2007.
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A leading bank and the leader in insurance have tied up for a Bancassurance Partnership crystallizing the deal on Vardhana Assurance from DFCC Vardhana and Sri Lanka Insurance.
In a bid to add non banking products the DFCC Vardhana Bank’s (DVB) Managing Director/CEO L.G. Perera said that through this venture they would be able to bring to their customers a non financial range of products.
Continue reading "DFCC Vardhana, SLI tie up in Bancassurance Partnership" »
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