July, 2007
DUBAI, United Arab Emirates (Reuters)? The United Arab Emirates banned on Monday the import of all live birds and poultry products from India after an outbreak of the deadly H5N1 virus, the official WAM news agency reported. Environment and Water Minister Mohammed Saeed al-Kindi has issued the...
SHANGHAI, China?The China Insurance Regulatory Commission has granted London-based Royal & SunAlliance Insurance Group P.L.C. permission to establish a nonlife subsidiary in China. RSA already has a branch in Shangahi, but will now be able to transform its Chinese business into a subsidiary,...
John Hancock Introduces a Guaranteed Increase Option to Leading Edge Long Term Care Insurance Policy
Premium growth for U.S.-domiciled captive insurers slowed last year, but captives? combined ratios improved dramatically, according to a new report. The report by rating agency A.M. Best Co. Inc. of Oldwick, N.J., found that net written premiums of captives based in U.S. domiciles rose just 2.7% in...
WASHINGTON?Hundreds of millions of dollars in health care bills incurred by individuals with kidney disease would be shifted to employer-sponsored plans from Medicare?if Congress passes a cost-shifting provision tucked into a massive children?s health insurance bill approved by a House panel last...
WASHINGTON?House Ways and Means Committee Chairman Charles Rangel, D-N.Y., said he intends to hold hearings on legislation introduced last week that would require 401(k) plan administrators to disclose in clear and simple language the fees imposed on plan participants. The legislation, introduced...
