New opportunities arising for foreign insurers in Israel
Article Abstract:
In Israeli law requiring banks to divest their nonbanking businesses presents an opportunity to foreign insurers. Foreign companies can often purchase existing insurance operations in the country for under $10 million, which is the amount of capital required to start a new insurance firm. Israel is an attractive insurance market, thanks to its promising demographics and strong economic growth.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1997
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Opportunities exist for U.S. insurers in EU insurance market
Article Abstract:
The evolution of the European Union (EU) insurance market continues to attract US insurers. Cross-border transactions and the ability to conduct business in member country's markets through a single subsidiary have contributed to the increased interest. Insurance companies often enter the EU insurance market through joint ventures or by establishing wholly owned subsidiaries.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1996
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Insurers should view Turkey as a potential market
Article Abstract:
The Turkish insurance industry holds significant growth potential for Western insurers. US insurers can enter the market by creating a start-up company, forming an alliance with an existing commercial firm or applying for formal admission into the country. The inflation rate in Turkey remains a significant concern for foreign investors seeking entrance into Turkey.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1996
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