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Indian joint ventures safe, says AIG
Friday, September 19, 2008 www.rediff.com
(
Business , Finance
)
The American International Group India on Thursday issued a release stating that the US financial crisis does not have any immediate material impact on Tata AIG Life Insurance.
"Tata AIG Life is well capitalised and is subject to stringent local regulatory and capital requirements. Our (Tata-AIG Life) solvency margin at the end of August 2008 stood at over 300 per cent compared to the regulator
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Financial-Crisis
Life-Insurance
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