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Saturday, November 21, 2009
News Making Money

Allianz Belgium wins 3 Life Insurance awards

30/10/2009 12:03 (22 Day 10:56 minutes ago)

The FINANCIAL -- A jury of Belgian insurance specialists and brokers voted Allianz Belgium Best Life insurance company. This Broker's Trophy was one of the Decavi Life Insurance Trophies awarded this year.

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As Allianz distributes its products and services in Belgium only through brokers, winning the Brokers Award and being designated by them as their reference life insurance company is a strong symbol of trust and a major achievement.

 

Two Allianz Belgium's products were also singled out. For the 5th time in six years Invest for Life was nominated best life insurance product. And Capital Focus has been nominated as "best life insurance linked to an investment fund".


Invest for Life covers a large array of performing investment products


Invest for Life covers an array of life insurance products with fixed rate (currently 0 percent, 2.5 percent and 3.25 percent) and capital protection. Recently Allianz Belgium has launched a new product in the range called Invest for Life Protect offering specific extra covers. Invest for Life with the minimum guaranteed rate of 2.5 percent has offered the best average return: 5.11 percent over the past seven years.


Two in a row for Capital Focus


For the second time in two years, the investment fund Capital Focus received a life insurance trophy in the category "Best life insurance linked to an investment fund".

 

This fund is not investing in a specific economic sector but rotates regularly to other promising sectors. Currently the fund is invested for 50 percent in the pharmaceutical sector and 50 percent in the oil industry. The aim is to offer a diversified management of European stocks performing accordingly to its benchmark (MSCI Euro index). The trophy was awarded for the excellent performance of the fund (9.09 percent) over the past five years.

 

 

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Politics
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (09:05 minutes ago)

The FINANCIAL -- According to Civil Georgia, the ruling party has already compromised on number of key electoral issues, including on rule of electing Tbilisi mayor and now expects the Alliance for Georgia to reciprocate and agree on 30% threshold for electing the capital city’s mayor, a senior ruling party lawmaker said on November 20.

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Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (12:19 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm announces that it has launched a new fixed income index named OMRX All Index, which will act as a benchmark for the Swedish bond and money markets.







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