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AIR Worldwide : Tropical Cyclone Nilam makes landfall near Chennai, India
According to catastrophe modeling firm AIR Worldwide, Tropical Cyclone Nilam began crossing the Tamil Nadu coast at about 4:30 PM local time (11:00 UTC)...
Fitch Ratings : Sandy floods may cause large business interruption losses
Hurricane Sandy made landfall yesterday evening as a post-tropical cyclone on the southern coast of New Jersey near Atlantic City with top sustained winds...
AIR Worldwide : Hurricane Sandy expected to strike at midnight
According to catastrophe modeling firm AIR Worldwide, As forecast, Hurricane Sandy intensified overnight and its path began to turn toward the U.S. East Coast....
Novartis : flu vaccine ban extends to Germany
Germany became the fourth country Thursday to ban sales of flu vaccines made by Swiss pharmaceutical giant Novartis, following embargoes by Italy, Switzerland and...
RMS : comments on the Tropical Storms Sandy and Tony
According to the National Hurricane Center (NHC), as of Wednesday, the center of Tropical Storm Sandy was located over the Caribbean Sea about 160...
Ovum : enterprises and outsourcers must own their social media strategies and offerings
Social media as part of customer relationship services is still a young market, and strategies around it remain underdeveloped due to confusion and resistance...
AIR Worldwide : Aspen Reinsurance licenses AIR’s Crop Model for China
Catastrophe risk modeling firm AIR Worldwide (AIR) announced that Aspen Reinsurance has licensed AIR’s Multiple Peril Crop Insurance Model (MPCI) for China to enhance...
EU / Swedish Match : 60 million euros in tobacco bribe to change legislation
Tobacco producer Swedish Match claimed Friday it was offered the opportunity to pay 60 million euros ($78 million) to thwart new EU tobacco legislation...
US : Banana Boat sunscreen recalled due to risk of ignition
The maker of Banana Boat sunscreen recalled 23 spray-on products Friday saying there was a risk they could catch fire on one's skin, after...
France : President Francois Hollande demands inquiry after a mother lost her baby giving birth in a car
French President Francois Hollande demanded an inquiry Saturday after a mother lost her baby in giving birth in a car on her way to...
U.S. : weekly jobless claims head higher after startling fall
New claims for US unemployment insurance benefits were a high 388,000 in the most recent week, the Labor Department said Thursday, reversing an unexpected...
AIR Worldwide : Tropical Storm Rafael Batters Caribbean; Heads toward Bermuda
According to catastrophe modeling firm AIR Worldwide, the 17th named storm of the Atlantic hurricane season, Tropical Storm Rafael, is moving away from the...
AirAsia : Tycoon Fernandes plans triple IPO in 2013
Malaysian tycoon Tony Fernandes plans to raise up to $550 million by listing shares in the long-haul arm and Indonesian unit of AirAsia as...
U.S. : weekly jobless claims plunge
New claims for US unemployment insurance benefits plunged unexpectedly last week to the lowest level since February 2008, at the outset of the Great...
United Health : buys Brazil’s top private health care firm
American health insurance and services company UnitedHealth will purchase a 90-percent stake in Brazil's top private health care provider Amil Participacoes, for about $4.9...
RMS comments on Tropical Storm Nadine & Tropical Storm Oscar
RMS continues to monitor the fourteenth named storm of the 2012 Atlantic hurricane season – Tropical Storm Nadine. As of Thursday morning, October 4,...
AIR Worldwide : expands its presence in Asia-Pacific with a new office in Singapore
AIR Worldwide (AIR) today announced the opening of an office in Singapore to meet the expanding needs of clients in the Asian insurance market.
“AIR...
U.S. : compensation for ground zero cancer victims
About 50 types of cancer have been added to the list of diseases eligible for coverage in a compensation program for people who became...
AIR Worldwide : Tropical Storm Leslie brushes Bermuda and continues northeast
According to catastrophe modeling firm AIR Worldwide, yesterday, the core of Tropical Storm Leslie passed 120 miles (200 km) east of Bermuda, bringing sustained...
U.S. : drought worsens and crop insurance claims rise
The drought in the U.S. agricultural heartland continues to deteriorate crops in the Corn Belt with no meaningful precipitation relief in sight. After the...
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