Insurance Day
Riceman bound for Georgia
UK-based Riceman Insurance Investments, which invests in and provides advisory services to insurers in the former Soviet bloc,
plans to open its next operation in Georgia, writes Chris Quick. It revealed its plans at the same time as the company reported
a pre-tax profit of �765,815 ($1.25m) for 1996, up from a �250,000 loss the previous year.