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Europe : bean sprouts might be responsible for bacteria
Bean sprouts from the German state of Lower-Saxony are suspected of being the source of the deadly E. coli outbreak which has killed 22...
Aon : aerospace insurance market outlook
The aerospace sector weathered the global financial crisis relatively well, but confidence is still in short supply, with passenger and revenue forecasts still relatively...
Explosion : explosive alarm clocks in Ikea stores
Small explosions occurred in Ikea stores in Belgium, France, and Netherlands. The explosives were concealed in alarm clocks.
The explosions in stores in the...
Warning : another volcano eruption in Iceland
Another volcano eruption in Iceland, a repeat of last year’s major disruption to air traffic? Even if the island shut its main airport, experts...
uSwitch.com : another blow for consumer trust in banks
The Financial Ombudsman Service (FOS) has revealed it has had its busiest year ever, which shows that the relationship between banks and their customers...
Guest post : new Continuous Insurance Enforcement (CIE) regulations
The new Continuous Insurance Enforcement regulations create a new offence for keeping a vehicle without insurance.
From Spring 2011, an additional enforcement scheme is being...
Social Security, Medicare burning through funds
The United States is burning through its health care and retirement fund pools faster than planned, with the Medicare trust fund to be exhausted...
Featured : Britain’s banks prepare for huge client compensation
Britain's banks are allocating billions of pounds to compensate clients who were mis-sold credit insurance, in a fresh blow to a sector seeking to...
Sheilas’ Wheels : study shows dangerous behaviour on foot
Stop, look and listen: the three words that used to be drilled in to children every time they cross the road are now ignored...
Sony Playstation network compromise
Financial Fraud Action UK (FFA UK) has been made aware that out of the 70 million Sony PlayStation accounts compromised worldwide in the Sony...
Scor : acquisition of Aegon’s Transamerica Reinsurance operations
French reinsurer will pay USD 913 million for a major stake in Aegon’s Transamerica Reinsurance operations. This should allow Scor to become America’s second...
Insurance brokers warn burden of regulation is bigger than tax
The British Insurance Brokers’ Association (BIBA) has warned that the regulatory burden imposed by the Financial Services Authority (FSA) on the insurance broking sector...
Japan can – and will – be a normal economy again
For several decades, business and economic pundits have exoticized Japan's economy. The supposed lost decades since 1990 have only heightened perceptions of a country...
France / Justice : insurance agents gather and assign their company to court
Rare event, French general agent unions from ten insurance companies have gathered to assign to court their company.
News Assurances, the leading online media dedicated...
British PM launches fightback over health service reform
British Prime Minister David Cameron on Wednesday warned that overhauling the state-funded National Health Service (NHS) was "essential" as he launched a fightback against...
Cost of disasters tripled in 2010
The global cost of natural and man-made disasters more than tripled in 2010 to $218 billion (154 billion euros), reinsurer Swiss Re said Tuesday,...
Somali pirates : steep rise in attacks
Government is being asked to reduce escalating threat from Somali pirates. These are becoming extremely more audacious in attacking ships and are choking supply...
Fitch: Japanese Earthquake Losses Manageable for Insurers
Fitch Ratings says in a newly-published report examining the insurance industry's possible exposure to the 11 March earthquake in Japan that it does not...
Canadians empty pharmacies of iodide tablets
Fearing a nuclear meltdown in quake-hit Japan, Canadians living on the Pacific Coast are ignoring health authorities and emptying pharmacies of anti-radiation medicines, media...
AIR Worldwide preliminary estimate on Japan earthquake
Based on currently available information, catastrophe modeling firm AIR Worldwide estimates that insured property losses from the Mw9.1 earthquake that struck Japan on Friday...
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