Article: BRIEFING - ASIA INSURANCE - AUG 26, 2009.

An executive briefing on insurance for Aug 26, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

INDIA'S IRDA TIGHTENS ANTI-MONEY LAUNDERING NORMS FOR INSURERS

NEW DELHI - Indian insurance regulator IRDA today tightened the anti-money laundering guidelines by asking the insurance companies to ensure that no policies are issued to persons with fictitious names.

"While carrying out the KYC (know-your-customer) norms, special care has to be exercised to ensure that the contracts are not anonymous or under fictitious names," Insurance ...

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