Bank Rakyat Indonesia to acquire local life insurance companyApril 8 2015 by InsuranceAsia News Staff
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The fronting carrier gives the Japanese insurer access to the US$66bn American MGA market.
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The broking consolidator has snapped up North Queensland Insurance Brokers.
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Macquarie's clients are from sectors including construction, financial services and marine.
A longer claims process and increased cost were some of the challenges faced by insurers.
Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.