| //04-10-2009 |
When CNN medical correspondent Sanjay Gupta came down with H1N1, or swine flu, in Afghanistan last month, he blogged about being "the sickest I've ever been." And with the federal Centers for Disease Control reporting that a second wave of the flu is spreading widely across the nation, USA TODAY's Laura Bly answers questions on whether travel insurance covers H1N1.
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| //03-10-2009 |
The state of Connecticut has asked six leading insurance companies—Aetna, ConnectiCare, HealthNet, Anthem, United Health Group and WellCare—to fully disclose what they’re telling their members about health care reform.
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| //03-10-2009 |
The winning project, submitted as part of the development proposals sponsored by Swiss Re, comes from architects Diener & Diener Architekten, Basel. Construction is expected to begin at the end of 2012 at the earliest.
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| //03-10-2009 |
The U.S. government has provided support to AIG in several forms: direct equity investments in AIG, loans to AIG, the extension to AIG of a mostly untapped equity capital facility, access to a commercial paper funding facility1 and loans to special purpose entities formed by the Federal Reserve Bank of New York (FRBNY). The loans to these special purpose entities are to be repaid by those entities, and not by AIG, from the proceeds of the assets owned by those entities.
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| //02-10-2009 |
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| //02-10-2009 |
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| //01-10-2009 |
Swiss Re today announced the launch of a Focus report titled “Betting the farm? Agricultural risks in Brazil”, which demonstrates that while Brazilian farmers are aware of the risks posed by weather and commodity prices, few have the insurance coverage that could protect them. The report discusses the reasons for low insurance penetration and proposes measures at both the farm level and the national level that will help to develop a more robust agricultural insurance framework.
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| //28-09-2009 |
AIA LAUNCHES “WE ARE ASIA” –
A MAJOR NEW REGIONAL ADVERTISING CAMPAIGN – IN SINGAPORE
IMPORTANT COMPONENT OF AIA’S STRATEGIC REBRANDING
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| //25-09-2009 |
The 45 children participating in ACTIVATE Kids will meet weekly at the Boys and Girls Club to receive lessons from Aetna’s community outreach staff on nutrition, goal setting, staying active, managing emotions and self-esteem among other topics. The children can earn privileges to play on Wii Fit and Wii Resort, which prompts kids to use various forms of exercise to complete games.
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| //24-09-2009 |
To receive the accreditation, companies must evaluate their benefits and culture and take extensive, concrete actions in five key areas of health and wellness to fight cancer in the workplace. Aetna received the accreditation for establishing programs to reduce cancer risk by discouraging tobacco use and encouraging physical activity, healthy diet and nutrition; detecting cancer at its earliest stages; and providing access to quality care, including the availability of clinical trials.
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| //22-09-2009 |
In his speech, Pierre Ozendo stressed the need for a comprehensive climate agreement to be struck in Copenhagen in December, supported by leaders from government, business and civil society organizations. Mr. Ozendo cited Swiss Re's long-standing interest in the climate debate and indicated that the insurance industry has a major role to play in helping society manage and adapt to the risks caused by climate change.
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| //21-09-2009 |
“We’re very excited to be given an opportunity to expand our participation in this program to include all Commonwealth of Pennsylvania retirees,” said Eric Cormier, head of Retiree Markets for Aetna in Pennsylvania. “We are committed to providing superior benefits and service, and we welcome the opportunity to support these retired public servants.”
Aetna will offer its Medicare Advantage PPO plans across the state, and also will provide a Medicare Advantage HMO offering to retired state employees in Southeastern Pennsylvania and select sites outside the state.
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| //18-09-2009 |
After a long wait, the health insurance reform plan from the Max Baucus and the Senate Finance Committee has finally been completed and was released this week. The committee has been working for months on this measure, officially titled America’s Healthy Future Act of 2009. The panel’s objective was to create a plan which would win bi-partisan support, although the plan that was submitted appears to not even have the support of one party, let alone two parties. Yes, though the reasoning varies, the plan does achieve bi-partisanship in one way: both parties agree that the Baucus plan for health care reform is abysmal.
In an earlier press release, the chairman of the committee, Senator Max Baucus (D-MT), stated, “Thousands of people in Montana and across our country do not have health insurance and that’s not right.” Furthermore, he said, “Reforming our health care system will help make sure that all Montanans and Americans have access to quality, affordable health care and will help strengthen our country’s economy as well. I’m committed to working together with my colleagues in Congress and the new Administration to help make this reform happen.”
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| //18-09-2009 |
A report from the Economics of Climate Adaptation Working Group released today indicates that climate risks could cost nations up to 19% of their GDP by 2030, with developing countries most vulnerable. The report concludes, however, that cost effective adaptation measures already exist that can prevent between 40 and 68 percent of the expected economic loss with even higher levels of prevention possible in highly target geographies.
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| //18-09-2009 |
American International Group, Inc. (AIG) today announced an agreement to sell a portion of its investment advisory and asset management business to Bridge Partners, L.P., a company owned by Pacific Century Group (PCG), the Hong Kong-based private investment firm. AIG is retaining its in-house investment operation that oversees approximately $480 billion of assets under management.
The purchase price of approximately $500 million consists of a cash payment of approximately $300 million at closing, plus additional future consideration that includes a performance note and a continuing share of carried interest.
“After conducting an extensive and rigorous auction process, we concluded that this transaction provides fair value for AIG and achieves the greatest long-term stability and potential for the business, its clients, business partners and employees,” said Alain Karaoglan, AIG Senior Vice President - Divestiture.
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| //18-09-2009 |
Are you searching a car insurance company? For this you need to compare the topmost companies. Find it’s relation with customers and its reputation in the market. There is lot of companies offering car insurance but you have to choose most suitable one. Some of the top auto insurance companies are mentioned here...
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| //17-09-2009 |
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| //17-09-2009 |
According to Swiss Re’s new sigma study, “The role of indices in transferring insurance risks to the capital markets”, both (re)insurers and investors benefit when clearly defined and regularly updated indices are used in insurance-linked securities (ILS) and other risk-transfer instruments. These instruments provide (re)insurers with an additional capital management tool, while investors gain access to an attractive, diversifying asset class.
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| //12-09-2009 |
When Senator Max Baucus publicized his healthcare reform plan earlier this week, most people focused on the potential fines (up to $3,800 for a family) that could be imposed on those who did not obtain medical insurance. In defending the fines, Baucus stated that his plan was similar to how most states require drivers to carry auto insurance on their vehicles in order to legally operate them. President Barack Obama seconded that ideal when in his speech last night he stated:
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| //12-09-2009 |
Four out of 10 readers who responded to the DBJ’s latest Business Pulse question said insurance companies are most to blame for rising health care costs.
In our unscientific online opinion survey, another two out of 10 lawyers are most responsible. But some readers whose response was "other" pointed the finger of blame at "us," the patients.
There were 1,153 responses to the informal survey, which asked: “Who's most responsible for rising health care costs
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