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Germany : deadly German E. coli outbreak is over
An E.coli outbreak in Germany that killed more than 50 people this year has ended, according to health authorities.
The Robert Koch Institute, Germany's national...
ING / Latin America : to sell its Latin America unit for EUR 2.7 billion
ING has reached an agreement to the selling of its Latin American pensions, life insurance and investment management operations to Grupo de Inversiones Suramericana...
USA : ratings drop should not hurt insurers
Four AAA rated life insurers may hold on to their status, provided that the US Government bond rating does not fall by more than...
Europe : euro zone agrees Greek rescue plan
German government bonds fell early on Friday and peripheral bonds were seen rising after euro zone leaders agreed on a second rescue package for...
US : jobless claims surge higher
New claims for US unemployment insurance benefits climbed sharply last week after two weeks of decline, signaling weakening in the labor market, official data...
Kyrgyzstan : powerful earthquake struck in the south
A 6.2 earthquake struck a remote area in southern Kyrgyzstan on the border with Uzbekistan according to the US Geological Survey.
No casualties or serious...
Japan : Typhoon Ma-On stroke southern Japan
The strong Typhoon Ma-On stroke southern Japan with torrential rains and strong winds leaving dozens injured and cancelling more than 100 flights.
Packing gusts of...
Breaking news : Allianz Global Assistance’s French Managing Director to leave
According to News Assurances sources, confirmed by Allianz Global Assistance, François-Philippe Pic, France’s Managing Director, will step down in late August 2011. There is...
AIR Worldwide : Tropical Storm Bret Heads to sea
According to catastrophe modeling firm AIR Worldwide, the second named storm of the 2011 Atlantic hurricane season, Tropical Storm Bret, formed off the coast...
AIR Worldwide : Typhoon Ma-On nears Japan
According to catastrophe modelling firm AIR Worldwide, with winds gusting to 157 kilometres per hour (98 miles per hour), Category 2 Typhoon Ma-On (local...
US / health : should the state take obese kids from parents ?
The government should have the right to remove severely obese children from their parents' home and place them in foster care, two US doctors...
US : jobless claims fall sharply
New claims for US unemployment insurance benefits registered a bigger-than-expected drop last week but still remained elevated amid an ailing labour market, official data...
Europe : debt crisis may affect more countries
The Bank for International Settlements said sovereign debt crises are expected to widen to more countries, and public debts are more likely to be...
India / bancassurance : authorities should allow banks to have up to four insurance companies as partners
The Insurance Regulatory and Development Authority in India should soon be authorising banks to partner-up with up to four insurance companies. Banks, at present,...
Europe : must stop Greek spill-over
Key European officials struggle to stop a disagreement over the terms of a second bailout for Greece from spilling over to big euro countries,...
International : BRICS vow to improve access to low-cost medicine
The BRICS group of emerging countries vowed to improve access to low-cost and high-quality medicine -- and called on developed nations to shoulder responsibility...
Terrorism insurance : booming business in Pakistan?
In the Pakistani capital Islamabad, adverts for terrorism insurance can be seen throughout the city. The National Bank of Pakistan’s Protection shield insurance scheme...
U.S. : Tropical Storm Arlene is like a reminder to review home insurance policies
A recent report from the Insurance Information Institute (I.I.I.) shows homeowners in the US should take time to review their home insurance coverage, as...
Europe : E.coli-linked Egyptian fenugreek seeds baned
The European Union banned Egyptian fenugreek seeds linked to E.coli outbreaks in Germany and France and slapped a temporary ban on the import of...
Nippon Life to buy $725 m of Allianz bonds
Nippon Life Insurance Tuesday said it will invest around 500 million euros ($725 million) in German insurer Allianz, as the Japanese firm looks to...
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