Low risk offshore in the Orient

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      <subfield code="a">Singapore is making significant progress in its bid to establish a recognized insurance  and reinsurance centre for the Asian and Pacific zones. The insular republic's own insurance industry has likewise come a long way since the sixties, having experienced healthy growth as well as an increase in sophistication. Another feature is that  it is a market which has an internationaal character. All insurers doing insurance business in Singapore are requiered to be licensed. This is the job of the Monetary Authority of Singapore or more specifically its Insurance Commissioner's Department </subfield>
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