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Canada : three leading tobacco companies face a $25bn lawsuit
A groundbreaking trial gets underway in Montreal Monday against three leading tobacco companies which face a $25 billion lawsuit for allegedly failing to adequately...
Australia : heavy rain and flooding still affects states of Victoria and New South Wales
Heavy rain and flash flooding continues to affect the Australian states of Victoria and New South Wales.
Sydney was affected by severe rainfall over 7/8...
Greece : health service cuts approved by parliament
The Greek parliament early Thursday approved a bill to cut health service costs that had been demanded by the European Union and the IMF...
U.S. : scientists find new method of calculating calories and weight loss
Everything you know about dieting is wrong, say US scientists who have devised a new formula for calculating calories and weight loss that they...
Greece : list of Greek debt held by large European banks and insurers
Leading European banks and insurance companies hold the following amounts of Greek debt. The data, provided by the institutions thermselves, was valid at the...
M&A :EMEA region businesses continue to be affected by sovereign debt crisis
The full-year 2011 edition of EMEA Deal Drivers, published by mergermarket in association with Merrill DataSite, provides an extensive review of M&A activity in...
Aon form Security Consulting Practice
Aon Fire Protection Engineering (FPE) today announced the formation of its Security Consulting Practice and the appointment of Sean A. Ahrans as global leader...
Philippine quake to cost economy $1bn, industry $100m
The earthquake which occured in the Philippines this week is expected to cost the regions economy around USD1 billion (£629m) but only USD100 million...
Aon releases 2012 Political Risk Map
While most of the insurance risk headlines center around natural disasters, political risks can often have equally damaging effects on the sector.
According to Aon...
Increased minor events, but no single major natural loss for Jan : Aon
Despite dozens of notable events occuring in January costing the insurance industry millions of pounds, the month of January saw no single major loss...
More than 30 percent of cancers preventable
More than 30 percent of cancers can be prevented by lifestyle changes, the World Health Organization reported on Friday ahead of World Cancer Day...
U.S. : new contraception insurance rules blasted by republican John Boehner
Republican US House Speaker John Boehner on Thursday blasted new US rules requiring most insurance plans to cover contraception for women over the objections...
UNIQA : full year net loss announced of EUR 330 million
Austrian insurer UNIQA announced that restructuring costs and writedowns on Greek bonds pushed it into a full-year net loss of 330 million euros ($434...
Insurers back away from NHL
A growing number of concussions in America's National Hockey League (NHL) has resulted in insurance companies threatening to jump ship and leave the financial...
Counter fraud techniques shared with Poland
A delegation from the Polish Insurance Guarantee Fund (IGF) visited London today to learn more about the UK insurance industry’s pioneering fraud detection techniques.
Welcomed...
U.S. : orange juice inmports blocked due to fungicide
US authorities on Friday seized nine shipments of orange juice from Brazil and Canada after their contents tested positive for an illegal fungicide.
The Food...
Health : pneumonia bug evolves and evades vaccine
Bugs that cause childhood pneumonia and meningitis have evolved to evade vaccines by swapping bits of their genome with other bacteria, according to a...
South African insurance industry resilient, says Fitch
New Fitch Ratings reports say that, while the operating environment in South Africa remains generally challenging, both the life and non-life insurance industries have...
Irish Private health insurance to rise by €800 a year
Private health insurance in Ireland is expected to rise a further €800 (£668) a year, forcing more people onto the countries already buckling public...
Fitch affirms QBE credit ratings
QBE had its Issuer Default Rating (IDR) and its Insurer Financial Strength (IFS) ratings affirmed at 'A' and 'A+' respectively, Fitch Ratings announced today....
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