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Netherlands-Based Financial Group Vows to Support Thai Insurance Venture.
Sep. 3--ING Group, the Netherlands-based financial institution, has reaffirmed its commitment to financially supporting its local joint venture, ING Aetna Osotspa Life Assurance, to ensure its long-term growth on a par with the group's fast-growing ventures in China and India.
Alexander Rinnooy Kan, executive chairman of ING Asia/Pacific, said ING was confident that Thailand's economy would experience continous recovery following the recent Sars outbreak.
He said Thailand was a prime market for long-term investment, particularly given the low penetration in the life insurance industry.
ING, through ING Insurance International B.V., currently ...
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