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Highlights of today’s newspapers: BANGKOK POST: – Thai reinsurance, the country’s leading reinsurer, is preparing to launch a repackaged terrorism insurance policy for local businesses. – Local insurance firms have agreed to settle fire claims for small businesses affected by the Bangkok riots even if they didn’t hold specific coverage for terrorism, said Chantra Purnariksha, [...]
Archive for the ‘Breaking News’ Category
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IBC and FCM announce winners of first annual Watershed Awards to recognize communities adapting to effects of climate change
Posted by gary on May 31st, 2010
City of Edmonton wins national Watershed Award Insurance Bureau of Canada (IBC), in partnership with the Federation of Canadian Municipalities (FCM), today announced the winners of the first annual Watershed Awards to recognize Canadian municipalities that have taken proactive measures to reduce their vulnerability to storm and wastewater damage. The awards, which are part of [...]
CHINA TO LOOSEN LIMITS ON STOCK MKT INVESTMENT BY INSURANCE COS
Posted by gary on May 26th, 2010
The China Insurance Regulatory Commission (CIRC) is to loosen the upper-limit on insurance companies’ investment in the unsecured debts and A- and H-share markets, Shanghai Securities News reported on Wednesday. According to the new policy, insurance capital’s investment in securities and equity funds shall be no more than 20 per cent of their total assets, [...]
SRI LANKA SHARES END 0.33 PCT DOWN
Posted by gary on May 20th, 2010
COLOMBO, May 29 Asia Pulse – Sri Lankan stocks closed lower Wednesday with investors seen losing interest in shares whose prices had risen sharply as the market reached record highs in recent weeks, brokers said. The All Share Price Index closed at 4,243.54, down 0.33 percent (14.13 points) while the more liquid Milanka index fell [...]
16TH WORLD FOOD INDUSTRY EXHIBITION OPENS IN BAKU
Posted by gary on May 20th, 2010
WorldFood Azerbaijan, the 16th Azerbaijan International Food Industry Exhibition, today has opened at the Heydar Aliyev Sport and Concert Complex in Baku. The exhibition is organized by Iteca Caspian LLC and ITE Group Plc (UK). The event is supported by the National Confederation of Entrepreneurs (Employers) Organizations of the Republic of Azerbaijan. The partners of [...]
