Monday, November 25, 2024
Home Authors Posts by Barbara karouski

Barbara karouski

Profile photo of Barbara karouski
1629 POSTS 0 COMMENTS

0 2

Ireland’s massive bailout by the European Union and the International Monetary Fund was inevitable, even though leading Irish politicians were claiming almost to the last day that this would not be required.

The political shadow-boxing is over, and the reality is inescapable. Ireland financially is in deep, deep trouble, and the details of the bailout are still being finalised.

Whatever the final outcome, it is clear that the bailout is an extreme embarrassment to a nation and its people who are and have been extremely protective of their independence and sovereignty since the formation of the state.

The assistance from Europe and the IMF is not the total disaster which some commentators have suggested. Ireland is not the first, and it will not be the last, country to avail itself of outside help in times of dire financial necessity.

There is an extreme irony also that Britain, while not a member of the European monetary union, is prepared to provide help as well. This may be a matter of financial self-interest to help a struggling neighbour and major trading partner, but in the light of such help the old slogan of “Brits Out” takes on a different perspective.

While few in Northern Ireland want to gloat about the misfortunes of neighbours across the border, the sad and inescapable truth is that in times of plenty, the Irish financial institutions, and many of the people, literally lost the run of themselves.

It is imperative, however, that the bailout from the EU and the IMF will allow Ireland some room for manoeuvre, particularly in the retention of its lower rate of corporation tax.

A fair degree of financial pain lies ahead for the plain people of Ireland, and it is to be hoped that the harsh lessons of the mythical “Celtic Tiger” will be taken to heart. This financial disaster across our border must not be allowed to happen again.

Source : Belfast Telegraph

0 0

The British Insurance Brokers’ Association’s (BIBA) Head of Compliance & Training, Steve White has won the Compliance Personality of the Year award at the prestigious Complinet Compliance Awards.

Steve who represents insurance brokers to the FSA and government on key regulation issues was selected by the judges on the basis of his excellent compliance personality. Steve was described by the judges as the most successful, most respected, most knowledgeable and the most helpful personality known in the compliance world.

Steve White said: “I am delighted that the efforts of myself and my colleagues at BIBA have been recognised and I am honoured to have collected such a prestigious award. BIBA strives for excellence in everything that it does and this award, added to the others won over the last couple of years is testimony to the application of its staff.”
The Complinet annual awards ceremony is a celebration of the very best of the compliance profession’s talent.

Source : BIBA Press Release

0 0

Hong Kong scrambled Thursday to contain any outbreak of bird flu after recording its first human case of the illness since 2003, a 59-year-old woman now in a serious condition in hospital.

The government raised the teeming city’s avian influenza alert level to “serious”, meaning there is a “high risk” of contracting the potentially fatal disease, a spokesman for the Department of Health told AFP.

Hong Kong recorded its last human case of bird flu in 2003, and had the world’s first major outbreak among humans in 1997, when six people died of a then-unknown mutation of the virus.

Millions of poultry were culled in the 1997 outbreak, and the city of seven million people gave a preview of the full-blown panic that struck when the deadly respiratory disease SARS emerged in 2003, killing about 300 people.

The jitters returned last year with an outbreak of swine flu that has so far claimed about 80 lives in Hong Kong. The 59-year-old woman tested positive for Influenza A (H5), a variant of bird flu, after she was first diagnosed with pneumonia, health officials said.

She was listed in a serious condition in a hospital isolation ward. The woman had recently returned from a trip to mainland China but it was too early to say where she contracted the disease, officials said.

She did not visit farms or have contact with live poultry, an initial investigation found. The woman was admitted to hospital on November 14 after complaining of a persistent fever, cough and blood-stained sputum.

According to Hong Kong health chief York Chow, the government has stepped up poultry inspections at wholesale markets and enhanced infection controls at public hospitals and clinics.

Visits to isolation wards in public hospitals have been banned, except on compassionate grounds, he said. All visitors are required to put on masks and wash hands before entering public hospitals.

Chow said there was no sign so far of human-to-human transmission in the case.

“I think we have to first concentrate on the source of infection from the poultry as origin,” he said Wednesday.

“But we will be concentrating on people who were in contact with her when she showed symptoms and also when she was in Hong Kong.

“The chances of her catching it is most likely on the mainland, but you cannot rule out… Hong Kong,” he added.

Microbiologist Leo Poon from the University of Hong Kong said it was likely to be an isolated case and did not pose a serious threat to the city.

“At this stage, the threat is not too big… We believe this is an isolated case,” he said.

He also said chances of the virus transmitting between humans were very slim.

The female patient travelled to mainland China between October 23 and November 1 with her husband and daughter, the Department of Health’s Centre for Health Protection said in a statement.

Her 60-year-old husband had also suffered from flu-like symptoms but has recovered, it said.

Hong Kong is also closely liaising with mainland Chinese authorities to monitor the situation, a spokesman for the centre said.

Hong Kong, Nov 18, 2010 (AFP)

0 0

The Paris city council on Tuesday approved the sale of the Forum des Halles, a huge commercial complex in the center of the city, to Unibail-Rodamco, a private consortium, and insurance group Axa.

Anne Hidalgo of the Socialist Party, the council’s deputy head of urban planning, described the sale as a “decisive step” in plans to renovate the facility.

The vote on the council was 82 in favor, 57 against, with six abstentions.

The mayor’s office is planning a renovation of the aging Forum des Halles, one of the world’s largest commercial centers, as a well as a suburban train station that serves it by 2016-2017.

The vote authorises the sale to the site’s current operator, Unibail-Rodamco, for 238 million euros (320 million dollars).

The total investment needed for the project has been estimated at 802 million euros.

Paris, Nov 16, 2010 (AFP)

0 1

Aon Hewitt, the human capital consulting and outsourcing solutions business of Aon Corporation (NYSE: AON), announced today it was recognized by the HRO Association (HROA) for its excellence in client work and executive leadership. Aon Hewitt was honored with three awards—the most of any other outsourcing provider:

– Customer Relationship of the Year—Large Market, with Boeing

– Customer Relationship of the Year—Multi-Process, with a large financial services client

– Provider Executive of the Year—Jim Konieczny, chief executive officer of Aon Hewitt’s HR business process outsourcing (BPO) business

“These awards reinforce Aon Hewitt’s leadership in the HR Outsourcing industry and are terrific examples of how we work with clients to create long-lasting, successful partnerships,” said Russ Fradin, chief executive officer of Aon Hewitt. “Our focus on delivering high-quality service remains an industry differentiator in our Benefits Administration business, and under Jim’s leadership, our HR BPO division has become a successful and thriving business that is poised for future growth.”

Aon Hewitt Honored with Two Client Awards

Aon Hewitt received two HROA awards for its excellence in client partnership, including “Customer Relationship of the Year—Large Market” with Boeing. Since 1999, Aon Hewitt and Boeing have partnered to deliver Health & Welfare benefits to Boeing’s nearly 300,000 U.S. participants. Through the “Customer Relationship of the Year—Large Market” award, the Aon Hewitt/Boeing team was honored for its efforts to enhance operational excellence and improve customer satisfaction.

“Aon Hewitt and Boeing set out to create a new industry standard in HRO—to truly find ways to anticipate issues and fix them before they occur,” said Debbie Bodhaine, senior manager of Health and Insurance Plans at Boeing. “Working together as a team, we’ve been able to significantly improve the benefits experience of our employees and their families.”

Aon Hewitt also won an award for its partnership with another large HR BPO client. The client and Aon Hewitt were honored for their teamwork in managing three major HR outsourcing initiatives that included two large scale HR service transitions and the development of a global governance, risk management and information security model.

Jim Konieczny Wins Provider Executive of the Year

HROA also honored Jim Konieczny for his critical role in the turnaround of Aon Hewitt’s HR BPO division. Over the past four years, Jim and his team took a number of steps to stabilize the business, optimize operational efficiency and position the company for future growth. Aon Hewitt is now the largest provider of comprehensive HR services in the world, serving nearly 1 million employees. In the third quarter of 2010, Aon Hewitt’s HR BPO division delivered a profit—a dramatic improvement from the significant losses it recorded at the same time four years earlier—and is on track to produce margins of around 15 percent in the next few years.

“Despite an entire industry struggling to make HR BPO work, Jim always believed it could be a viable and cost-effective solution for employers,” added Fradin. “His perseverance and tenacity have played key roles in helping us meet our clients’ needs and growing our HR BPO business.”

Source : Aon Hewitt Press Release

0 1

Vienna Insurance Group, Eastern Europe’s biggest insurer, plans to sell 30-year subordinated debt, according to an e-mailed statement today.

The volume of the issue probably will be 500 million euros with the option to increase by a maximum of 70 million euros, according to the statement.

The bond, which will be callable after ten years by the issuer, is aimed at institutional investors. Vienna Insurance also intends to offer the bond in the retail segment in Austria, the Czech Republic, Germany, Luxembourg and “perhaps in Switzerland,” it said in the statement.

“The proceeds from the bond issue will be used to further strengthen the financial base of Vienna Insurance Group, to finance continuing growth in central and eastern Europe as well as to prepare for meeting the capital adequacy requirements under the Sovency II directive,” according to the statement.

Source : Bloomberg

0 0

US researchers said on Monday they have developed a new blood test that may help predict the risk of heart failure in older adults who appear to be in good health. The test is a more advanced version of one currently carried out in emergency rooms to determine if a patient having chest pain is suffering from a heart attack or something else.

Researchers said the findings may help assess the risk of death for people over age 65 who show no symptoms of heart disease, a group that is particularly difficult to gauge and which sees 80 percent of new congestive heart failure cases.

The test measures the level of troponin T, which is a marker for the biological process of cell death that leads to heart failure, said the study published in the Journal of the American Medical Association (JAMA).

The findings came after a long-term study in which patients’ blood samples were studied and stored for up to 18 years. The marker was detected in two-thirds of people without symptoms age 65 or older.

“We found that the higher the level of troponin, the greater the individual was at risk for symptoms of heart failure or death from cardiovascular disease over the next 10-15 years,” said lead investigator Christopher deFilippi at the University of Maryland School of Medicine.

“The meaning of these elevated levels was unknown until this point.”

The new test can detect troponin levels that are 10 times lower than previous tests but is not yet commercially available in the United States, where heart disease is the number one killer of men and women.

Washington, Nov 15, 2010 (AFP)

    0 0

    Life insurance and wealth management firm AXA Asia Pacific (AXA APH) Monday said it had received a new takeover offer from Australian wealth manager AMP and its French parent company AXA SA.

    “It is proposed that AMP would acquire 100 percent of AXA APH, merge the Australian and New Zealand businesses with its own operations and divest the Asian business of AXA APH to AXA SA,” it said in a statement.

    Sidney, Nov 15, 2010 (AFP)

    0 0

    Following the news that an 18th Century Qianlong era vase has sold for a record £43m, Robert Read, fine art expert at specialist insurer Hiscox, comments:

    “The last couple of weeks have seen a stunning set of auction results at the top end of the market. The most extraordinary of which has been the sale of the 18th Century Qianlong era vase through a small auctioneer in Ruislip.

    “This result indicates the depth to which buyers are prepared to hunt for treasure. The internet has opened up the market for small auctioneers who now find themselves in the happy position of being able to compete with the big players. Small auctioneers are able to project themselves globally and increasingly are feeling confident enough to handle major lots.

    “This record breaking sale follows on from the successes that Woolley and Wallis – another regional auctioneer based in Salisbury – achieved with their jade sales over the last couple of years*.”

    Source : Hiscox Press Release

    0 0

    Groupama Insurances has created a dedicated new business underwriting team for London and the South, providing commercial brokers in the region with ease of access to expert underwriters for swift decisions on open market business. The team complements the London schemes team and Groupama’s schemes and open market business underwriting team in Manchester.

    The new Southern Underwriting Team comprises three underwriters – Therese Crowhurst, Steve Scrimgeour and Darren Carter – reporting to Dawn Dillaway, Head of Commercial Underwriting.

    Therese Crowhurst and Steve Scrimgeour will focus on non-motor SME commercial business. Therese has worked for Groupama for 3 years and brings valuable knowledge of schemes business. Steve has relocated from Groupama’s underwriting centre in Manchester and brings expert commercial SME underwriting experience. A highly skilled fleet underwriter, Darren Carter has joined Groupama Insurances from AIG.

    Dawn Dillaway comments: “This team has been put in place to write new business with our existing broker partners in London and the South while developing new broker relationships, working with the Key Account Managers. Brokers in this region face particularly challenging market conditions and swift access to underwriting decisions is absolutely vital. Our team has the skills and authority to really help our supporting brokers take maximum advantage of the valuable new SME business opportunities that they produce.”

    Source : Groupama Press Release

    0 0

    Aon Benfield, reinsurance intermediary and capital advisor, is advising re/insurers that rating agencies are likely to increase their scrutiny of catastrophe risk in Asia and that many companies will have to make substantial investments to address this.

    There are many changes occurring in the way rating agencies are analyzing re/insurers. The recent Indonesian earthquake and the flooding in Pakistan are recent evidence of the region’s exposure to natural disasters.  The events in Indonesia and Pakistan, while causing extensive local devastation, have not severely impacted global re/insurers due to low insurance penetration in these countries.

    However, as insurance penetration grows and economies develop in Asia Pacific, re/insurers will play an increasingly important role in funding the recovery from such disasters. This will increase rating agency scrutiny of re/insurer catastrophe risk, including the quality of data collected, the systems used to monitor exposures and the models used to determine Probable Maximum Losses.

    Rating agencies have been restricted in their analyses due to the lack of catastrophe models for many Asian perils, in particular flood and tsunami. Also, many insurers historically relied on CRESTA level aggregates with little detail. Data quality is improving as insurers invest in systems capable of capturing location and construction information of a global best practice standard.

    Rade Musulin, COO of Aon Benfield Analytics in Asia Pacific, said: “While rating agencies have always considered catastrophe risk in rating companies in Asia Pacific, their focus on the issue will increase as the insurance system plays a greater role in funding natural disaster losses in the region. Re/insurers with significant catastrophe exposure wishing to earn strong ratings will have to make substantial investments in several areas such as technological solutions to capture data and human capital to evaluate, underwrite, price, and reinsure property exposures. Many of these tasks will take years to implement, meaning re/insurers in Asia Pacific must make investments today to meet requirements likely to be imposed in coming years.”

    Kelly Superczynski, global head of Aon Benfield Analytics’ Rating Agency Advisory group, said: “Rating agencies are focused on catastrophe risks for re/insurers that are underwriting property exposure in regions subject to natural disasters, which has been standard practice for quite some time now.  Globally what differs is the sophistication and ability for companies to measure this with some degree of accuracy, and the rating agencies’ expectation is that this will improve in many of the “emerging markets” in the near future. With catastrophe risk playing an important role in deciding the insurer’s capital adequacy, rated companies must demonstrate how they monitor their exposures, how they measure the possible financial impact of natural disasters, and how they plan to fund losses through reinsurance or other sources of capital.”

    Source : Aon Benfield Press Release

    0 0

    Aon Risk Solutions, the global risk management business of Aon Corporation, today announced it has consolidated its energy risk engineering assets around the world to form a new unit, known as Aon Energy Risk Engineering.

    Building upon the expertise previously delivered to Aon’s clients under brands such as Risk Reliability and Systems Engineering (RRS/Schirmer) and Hydrocarbon Risk Consultants (HRC), Aon Energy Risk Engineering will leverage the existing technical expertise across the globe by creating a platform for continued investment in and innovation around a range of services critical for clients in the energy sector, including:

    – Process safety,

    – Risk assessment,

    – Industrial fire protection,

    – Underwriting reports and

    – Insurance valuations.

    “Energy and chemical process companies face unique risk challenges,” said Neil Harrison, group managing director of Aon Global Risk Consulting, of which Aon Energy Risk Engineering is a division. “Led from four strategically located center of excellence – Houston, London, Dubai and Singapore, our team of industry experts will provide clients around the world with access to a full range of services across the property, business interruption and casualty risk classes.”

    For more information about Aon Energy Risk Engineering, you can visit www.aon.com/energyriskengineering.

    Source : Aon Press Release

      0 0

      After harsh weather hit Britain this week, snow, heavy rain and strong winds will continue to batter Britain today. The first storm of winter dumped up to 5cm (2in) of snow on higher ground in Scotland and on the Pennines in northern England on Monday.

      Wind speeds peaked at 101kph (63mph) in Inverbervie, Montrose, Scotland, and 92kph (57mph) at Langdon Bay, Kent, with many lowland areas seeing gusts of about 74kph (46mph).

      Forecasters warned of flooding in London and the south-east, with the Met Office issuing an extreme weather alert, saying up to 7cm (2.7in) of rain was expected to fall in some areas this morning.

      ‘People in the south-east must now brace themselves for disruption caused by the severe weather,’ said Positive Weather Solutions senior forecaster Jonathan Powell.

      ‘Flooding is a distinct possibility, with an awful lot of rain falling in a very short space of time.’

      Source : Metro

      0 0

      XL Insurance, the global insurance operations of XL Group plc (NYSE: XL), today announced the appointment of Kevin Rajah as Underwriting Manager Professional Lines Asia, based in Singapore.

      Mr. Rajah joins XL Insurance from ACE in Singapore, where as Professional Indemnity Manager he was responsible for building the Professional Indemnity business across Asia. He replaces Carsten Keune, who has been appointed Chief Underwriting Officer, Emerging Markets for Professional Lines.

      Reporting to Mr. Keune, Mr. Rajah will be responsible for further developing XL Insurance’s Asian Professional Lines operation, including business written in and through the Malaysian Federal Territory of Labuan, where XL Insurance was recently granted a licence to conduct business.

      Commenting on Mr. Rajah’s appointment, Mr. Keune said: “Our clients and brokers will benefit from Kevin’s extensive professional and regional market expertise as we continue to grow our Professional Lines offering throughout Asia. In order to provide seamless service Kevin and I will work closely together during the transition period over the coming months, before I relocate back to Europe.”

      Bernard Horovitz, Chief Executive Global Professional, added: “As emerging markets, such as Asia, continue to grow economically we are seeing increasing demand for comprehensive and specialized risk transfer products. In his new role Carsten will provide strategic oversight over these important and expanding areas for Professional Lines insurance, to better meet the demands of these markets.”

      Source : XL Insurance Press Release

      0 0

      For the fourth consecutive year, Aon Corporation received more Readers Choice awards from the readers of Business Insurance magazine than any other firm in the industry. The 2010 awards were announced on the evening of November 3, at a dinner hosted by Business Insurance in Chicago.

      For the third consecutive year, Aon Risk Solutions (ARS) was recognized as the best retail agent/broker with revenues in excess of $250 million. ARS also won the retail agent/broker award in 2007 when there was no revenue distinction. Aon Benfield was the recipient of the award for best reinsurance intermediary for the fifth straight year. Aon Global Insurance Managers was again named best captive manager after winning the inaugural award in 2009. Aon Consulting, which won the award for best employee benefit consultant firm for four straight years from 2006-2009, was named winner of the Silver Circle Award in this category.

      “The Business Insurance Readers Choice awards truly demonstrate the power of a united Aon working to deliver distinctive value every day to our clients as well as the high levels of satisfaction created by the ongoing commitment and dedication of our global colleagues,” said Greg Case, President and Chief Executive Officer of Aon. «We are very appreciative of the faith our clients put in us every day, and we will continue to bring the best of Aon to everything we do to help them grow and prosper.”

      This marks the sixth year of the Business Insurance Readers Choice program, which was created to allow its readers to vote for the companies they believe offer the best combination of service, value, quality and innovation in 18 categories. A complete list of the 2010

      Find out more about the Business Insurance Readers choice award by going to the Business Insurance web site.

      Source : Aon Press Release

      0 0

      New research from Aon Hewitt shows that almost 80% of UK pension fund trustees spend less than 20 hours per quarter on investment-related matters. The results of the Aon Hewitt Delegated Consulting Survey 2010 also show that one in four trustees is only able to dedicate five hours or fewer per quarter to investment matters.

      Zuhair Mohammed, chief executive of Delegated Consulting Services at Aon Hewitt in the UK, said:

      “The challenges faced by DB schemes are neither simple nor one-dimensional and have undoubtedly placed increasing pressure on pension scheme trustees.  Many schemes are still in negative funding territory and the financial crisis has also weakened the covenant of many sponsors. Putting the assets to work to recoup losses and to improve the funding position has become the priority.

      “Highlighting the results of our research is not intended as a criticism – but a reality check is needed if assets are to be put to work more effectively.  Continued economic uncertainty and highly volatile financial markets are stretching the already limited resources of most trustee boards to the extreme.”

      Zuhair Mohammed continued:  “Managing market volatility will undoubtedly be a key theme for the foreseeable future – and that requires investment skill and conviction. What is clear from our survey is that the time devoted to investment matters and the level of investment expertise permanently on trustee boards is simply falling short of what is required.”

      Other findings in the research included that almost three-quarters of respondents said that the percentage of investment experts sitting on trustee boards is 25% or less – even though they were expecting to carry out major investment reviews in 2011.

      The survey also revealed that nearly 50% of participants feel that trustees typically make decisions too slowly.  Nearly three-quarters of the survey sample stated that trustee knowledge and the speed of decision making capability were the two factors driving demand for delegated investment solutions.

      Zuhair Mohammed added: Trustees have the toughest of tasks and they recognise the shortcomings of the traditional model in which most are still working.  Of course, pension schemes have a long term investment horizon, but that should not be the cause of short term disengagement on investment matters.  Timely decisions with regards to manager selection, asset allocation and risk management will be crucial to investment performance in the coming years.

      “We are convinced that pension funds that are prepared to be nimble and to act swiftly will emerge in a better position than those adhering to more static strategies. For most trustees this means looking beyond their own boardroom for expert help.”

      The survey of 307 pension trustees, pension managers and others was conducted in May 2010.

      Source : Aon Press Release

      0 0

      Hiscox Ltd (LSE:HSX), the international specialist insurer, today issues its Interim Management Statement for the first nine months of the year to 30 September 2010.

      Hiscox’s gross written premiums year on year remain broadly level at £1,205.3 million (2009: £1,212.2 million) as the business continues to grow in its local specialty lines and contract in areas where rates are challenging, mainly US property insurance lines and big-ticket professional indemnity. The Group has benefited from another good investment return and a benign claims environment this quarter.

      To read more details click here

        0 0

        The spread of an antibiotic-resistant superbug in Brazil was worrying officials, as new cases emerged Saturday following the recent deaths of at least 18 people.

        Three patients in the northern state of Pernambuco were in stable condition in intensive care suffering Klebsiella pneumoniae Carbapenemase (KPC), bacteria immune to most antibiotics, health officials told local media.

        That brought the number of KPC-infected patients in Pernambuco hospitals to 10, they said. Nationwide, more than 200 people have been infected with the bacteria this year, most of them in the past month.

        At least 18 have died in hospitals in the capital Brasilia. Brazil’s health ministry has been following the situation closely, with officials calling on the public to remain calm, saying infections were only occurring in hospitals and affecting patients with compromised immune systems.

        Measures have been put in place to restrict over-the-counter access to antibiotics, whose overuse is believed to have helped KPC develop resistance.

        The drug-resistant form of KPC, which often causes death, was detected over a decade ago in the United States, and became a health problem in Chicago hospitals three years ago. Cases have also surfaced in Israel and Europe.

        Sao Paulo, Nov 6, 2010 (AFP)

        0 0

        A black market worth an estimated 60 million pounds has sprung up around expensive baby buggies, Halifax Home Insurance said on Saturday. Thefts of baby strollers have almost doubled over the past year, it added.

        The black market is being fuelled by an increase in the sale of buggies costing more than 500 pounds, up 40 percent in the last year. As the price of prams has risen, 23 percent of parents have bought theirs second-hand, the insurer said, adding some families have as many as six.

        The number of births is also up in Britain, with the UK Office for National Statistics reporting that in 2008, the total fertility rate — the ratio of live births in an area to its population — was at its highest point in 35 years.

        Halifax said the top location for stealing prams was from inside the home, at 22 percent, while 11 percent of people said their buggy was taken from just outside their property.

        Car parks, cafes and restaurants were also hot spots.

        Halifax said the stolen buggies are sold on auction sites for as much as 599 pounds, with the top models being Bugaboo Bee Plus, Silver Cross 3D, Quinny Zapp and the Maclaren Techno XT.

        David Rochester, head of underwriting at the insurer, said: “we recommend all new parents make sure buggies are safely secured when stored in the home, and not left visible in porches or driveways where they can be easily stolen as they are on wheels, enabling a quick getaway.”

        Source : Reuters

        0 0

        Road deaths over a 12 month period have fallen to below 2,000 for the first time ever according to today’s Department for Transport figures for the period up to 30th June 2010.

        “This reduction is a tremendous achievement. There were 3,409 deaths in 2000, with little change over the next five years. However, the near-1,000 reduction, from 2,946 to 1,990 since 2007, is truly impressive. It is also a tribute to all those that have striven towards meeting the targets set for 2010 by the Government back in 2000.

        “Britain now desperately needs a new target to galvanise road safety actions for the next decade and beyond,” says Edmund King, the AA’s president.

        The one blot on these figures is a rise in deaths (1%) and casualties (4%) among cyclists.

        This is disturbing, and action is needed to ensure that more young cyclists taking to the road, and older ones returning to the road, receive the right training.

        There is particular concern about returnees who often think that experience as a kid on a cycle and then as a driver, adequately equips them for cycling on today’s roads.

        Source : AA Press Release

        Prev1...505152...82Next Page 51 of 82

        POPULAR POST

        Seroni Interactive is an independent publisher of information BtoC and BtoB sites in banking and insurance & specialist digital content. Our productions of brand content possible to affirm your image, positioning, demonstrate your expertise and create a traffic or a hearing and therefore advertising exposure for your brand.
        Contact us: contact@news-insurances.com

        SOCIAL

        34FansLike
        6Subscribers+1
        965FollowersFollow

        Popular category

        © Seroni Interactive