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Global demand for insurance will be opportunity for brokers

From Risk(y) Business , 11 month ago, Read 0 times. Similar articles

Agents and brokers do not be dismayed at the state of the insurance market. As Asia and Russia economies grow, the demand for insurance will increase. This opens up a great opportunity for brokers and agents that can expand their businesses to reach these markets. Millions of people who have attained "middle class" status in these countries will need to protect their assets using insurance. Brazil is also an area of growing economic opportunity for agents and brokers. The US insurance market... Read more

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Plumeri predicts BRIC insurance boom

From Insurance Daily , 11 month ago, Read 0 times. Similar articles

Over the next two decades the addition of 2 billion people in the booming economies of Brazil, Russia, India and China (BRIC) to the global middle class will present the insurance industry with a golden opportunity. The prediction was made by Joe Plumeri, chairman and chief executive officer of Willis Group Holdings, at the Insurance [...] Read more

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Chaucer & partners launch Russia's first Lloyd's coverholder

From Insurance Daily , 1 year ago, Read 0 times. Similar articles

Chaucer has announced a new partnership with Nakhodka Re in Moscow and RFIB Ltd in London, to launch SeaLine, the first Lloyd's coverholder in Russia. SeaLine, which received Lloyd's coverholder approval last week, will underwrite cargo reinsurance risks across Russia’s Commonwealth of Independent States (CIS). Commenting on developments, Chaucer Syndicate 1084 head of production, Andrew [...] Read more

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Road Safety Targeted in Ten Countries Over Five Years

From Healthy Travel Blog, 1 year ago, Read 0 times. Similar articles

What's on track to become a bigger killer than malaria' Vehicular traffic. Unless trends are reversed, cars and trucks will kill 1.9 million people worldwide annually by 2020. To combat this deadly threat, Bloomberg Philanthropies has funded a five-year initiative in Brazil, Cambodia, China, Egypt, India, Kenya, Mexico, Russia, Turkey and Viet Nam where statistics are increasingly grim. A consortium that includes the World Health Organization, Johns Hopkins University and the... Read more

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Fires Still Threaten Health in Russia

From Healthy Travel Blog, 1 year ago, Read 0 times. Similar articles

After weeks of fighting a losing battle, Russia may finally be getting a grip on the drought-driven wildfires that have destroyed over half a million acres within 250 miles of Moscow. It was not until last weekend that the government was able to declare ?it was putting out more fires than were appearing.? The spiraling disaster revealed incompetence and corruption that undermined firefighting efforts and the credibility of the government. Only recently did authorities admit... Read more

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Russia FM: US Arrest Of Spies A Cold War Throwback

From Auto Insurance Best, 1 year ago, Read 0 times. Similar articles

MOSCOW -- Russia's Foreign Ministry says the arrest of 10 alleged Russian spies in the United States is a throwback to the Cold War. The ministry said in a statement Tuesday the U.S. actions are unfounded and pursued "unseemly" goals. Read more here Read more

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Willis to open Kazakhstan office

From Insurance Daily , 1 year ago, Read 0 times. Similar articles

Willis Group has received official approval from local authorities to open a representative office in Kazakhstan, the third such office to be opened by the group in the former Soviet Union, in addition to its branches in Russia and the Ukraine. The broker’s London-based Eastern Europe executive director, Simon Aubrey-Jones, is leading the venture, having extensive knowledge of the region. The new office is to be located in Almaty, Kazakhstan’s financial centre, and all local... Read more

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Corruption Enforcement Actions Surge, Follow-On Lawsuits Emerge

From The D & O Diary, 2 year ago, Read 0 times. Similar articles

Every day seems to bring news of a new or expanded bribery or corruption allegations and enforcement actions. In recent days alone, Avon announced that it was suspending four executives in connection with an internal investigation into alleged bribery in the company’s Chinese operations, and U.S. authorities announced they were joining German and Russian authorities in connection with an investigation involving alleged bribery by Hewlett-Packard executives in Russia. If it... Read more

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(AFX UK Focus) 2010-03-11 14:10 Russia's parliament to tighten insurance rules

From Auto Insurance Best, 2 year ago, Read 0 times. Similar articles

MOSCOW, March 11 (Reuters) - Russia's parliament has proposed tightening licensing and merger regulations for the country's insurance industry, which comprises more than 700 companies. The industry was hard hit last year when car sales slumped more than 50 percent, reducing demand for the auto insurance policies which are the industry's major revenue source. The local insurance market remains Read more here Read more

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Geoalcoholics ? Russia's unhappy truth

From Healthy Travel Blog, 2 year ago, Read 0 times. Similar articles

Earlier this month, we posted about Russia's heavy alcohol consumption levels as a follow up to our Healthy Planet Index. It turns out that Russians may be what Alex De Jonge has called ?geoalcoholics' in his book ?Stalin and the Shaping of the Soviet Union.? This discovery all stemmed (no pun intended) from a link that Tyler Cowan posted on the Marginal Revolution blog. It turns out that Europe has three fairly distinct alcohol belts ? wine to the south, beer in the middle and vodka up... Read more

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