Pakistan News

Lloyd’s ‘360 Report’ Examines Water Scarcity Threats to Business

A new report in Lloyd’s “360” series examines the threats posed to business as a result of the increasing scarcity of water. According to the report, Global water scarcity: risks and challenges for business, prepared in cooperation with the conservation …

International Insider: Multinationals and Money Laundering

As the international community steps up its efforts to fight money laundering, a number of countries are now requiring insurers to obtain additional information from their customers to screen out possible bad actors. For multinationals interested in doing business in …

Airing Out the Issues of Money Laundering

Multinationals Face Heightened Compliance Requirements in High Risk Countries As the international community steps up its efforts to fight money laundering, a number of countries are now requiring insurers to obtain additional information from their customers to screen out possible …

Allianz Names Bauer to Head Europe, Middle East ‘Growth Region’

Allianz annonced that, effective January 1, 2010, Manuel Bauer will be CEO of the new growth region – ‘Central and Eastern Europe, Middle East and North Africa’ (CEEMA). He succeeds Klaus Junker, former CEO of the New Europe region, who …

Truth or Lore? Insurance ‘Factorama’ Explores the Known and Little-Known

It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance “factoids.” Why? …

World Bank Considering Post-war Political Risk Insurance

The World Bank is looking at a $100 million political risk insurance scheme for countries recovering from war to boost private investment, senior officials from its investment guarantee agency said on Thursday. Foreign investors use political risk insurance to cover …

Scam Leaves Many Without Insurance Coverage in Oklahoma

More than 100 Oklahomans are struggling to find health coverage after learning an insurance company was taking their premiums with no intention of paying claims. Insurance Commissioner Kim Holland said the main company, American Trade Association, sold fake health insurance …

Is Economic Terrorism a Threat to Southeast Asia?

If the suicide bombers who targeted two luxury hotels in Jakarta this year hoped their attacks would strike a significant long-term blow against Indonesia’s economy, the reaction of financial markets suggests they were wrong. Economic warfare is at the heart …

Patient Sues New Jersey Doc in Hepatitis B Outbreak Case

A New Jersey oncologist whom health officials suspect was responsible for a hepatitis B outbreak earlier this year has been sued by one of his patients. Roland Jacobsen, of Manchester, claims he contracted the disease after being treated for prostate …

Companies Told to Stop Selling Insurance in Ohio

The Ohio Department of Insurance has issued cease and desist orders to two companies that were found to have been selling insurance in the state without licenses to do so. Ohio Department of Insurance Director Mary Jo Hudson has also …