The FINANCIAL - Markets

On sale, but unsafe: EU risklist reports thousands of dodgy products

18/05/2013 05:52 (1 Day 21:29 minutes ago)

The FINANCIAL -- A record number of 2,278 products were reported to the EU’s rapid alert system for dangerous consumer products (RAPEX) in 2012.

A.M. Best Affirms Ratings of Aflac Incorporated and Its Subsidiaries

09/05/2013 04:46 (10 Day 22:35 minutes ago)

The FINANCIAL -- A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of American Family Life Assurance Company of Columbus (Omaha, NE), American Family Life Assurance Company of Columbus (Japan Branch), American Family Life Assurance Company of New York (New York, NY) and Continental American Insurance Company (Continental American) (Columbia, SC).

A.M. Best Upgrades Ratings of Liberty Bankers Life Insurance Company and its Subsidiaries

09/05/2013 04:30 (10 Day 22:51 minutes ago)

The FINANCIAL -- A.M. Best Co. has upgraded the financial strength rating (FSR) to B (Fair) from B- (Fair) and issuer credit rating to “bb” from “bb-“ of Liberty Bankers Life Insurance Company (Liberty Bankers) (Oklahoma City, OK), and its wholly owned life insurance subsidiaries, The Capitol Life Insurance Company (Dallas, TX) and American Benefit Life Insurance Company (Oklahoma City, OK), together known as the Liberty Bankers Group. The outlook for the ratings is stable.

A.M. Best Upgrades the Ratings of EMC National Life Company

09/05/2013 04:26 (10 Day 22:55 minutes ago)

The FINANCIAL -- A.M. Best Co. has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and the issuer credit rating to “a-” from “bbb+” of EMC National Life Company (EMCNL) (Des Moines, IA). The outlook for both ratings is stable.

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Banks

Leumi launches the "Leumi Business Fund" for small and medium businesses - totaling NIS 3 billion

18/05/2013 02:27 (2 Day 00:54 minutes ago)
The FINANCIAL -- Bank Leumi announced the launch of 'Leumi Business Fund' totaling NIS 3 billion - with preferred terms, fast approval track and without unnecessary red tape.
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TRAVEL BIZ »
Sales and Marketing of Tbilisi Marriott Hotels Declared Successful Marriott Institute of Hospitality Education Makes Debut in China First Aviation Day Central America Emphasizes Contributions of Aviation

PRESS RELEASES »
USAID Releases its First Water and Development Strategy Announcment of Darren Keane, CEO of Storm International Good morning starts with Nescafe –already for 75 years!

FINANCIAL »
New Survey from YourTango and Ford: Couple Time in the Car Equals Love on the Road Mercer and RW3 form alliance to help international assignees prepare for expatriate assignments FTSE350 pension deficits rise above £100bn as liabilities reach record highs

UKRAINE »
Ukraine reduced sunflower oil production by 5.8% - State Statistics Service In I quarter of 2013 Russia reduced wheat exports in 7.5 times Belarus plans to complete the planting campaign in time

GEORGIA »
The port Poti to open the new grain terminal Zara Store Opened in the Heart of Tbilisi Large Taxpayers in Georgia Numbered 64,621 in 2012, According to the Revenue Service

WORLD »
EBRD and TEB to improve energy efficiency in Kosovo Argentina files dispute against the European Union on biodiesel Taoiseach, Tánaiste and Minister of State for European Affairs lead national handshake on Europe Day

BANKS »
J.P. Morgan named No.1 financial services employer in U.S. for fifth year in Universum Survey Hello bank! The first 100% digital mobile bank in Europe BNP Paribas Wealth Management Wins Best International Clients Team and UHNW Team

BUSINESS »
Zurich delivers strong results for the first quarter 2013 A.M. Best Revises Outlook to Stable and Affirms Ratings of American Family Insurance Group Members A.M. Best Affirms Ratings of OneAmerica Financial Partners, Inc. and Its Subsidiaries

TECH »
Cashless parking introduced in Peterborough Accenture Convenes Policy and Business Leaders to Debate the Challenge of Scaling Sustainability Accenture Study: Innovation Efforts Falling Short Despite Increased Investment

MARKETS »
On sale, but unsafe: EU risklist reports thousands of dodgy products A.M. Best Affirms Ratings of Aflac Incorporated and Its Subsidiaries A.M. Best Upgrades Ratings of Liberty Bankers Life Insurance Company and its Subsidiaries

B SCHOOLS »
New reports provide valuable insight into Japanese and Russian English markets Students aim to turn science to dollars School team wins Blind bit of Difference competition

SPECIAL REPORTS »
NYSE to Suspend Trading in the Preferred Stock of Mexico Equity & Income Fund, Inc. Report of the Special Rapporteur on extrajudicial, summary or arbitrary detention

Politics

“The ECA’s role of external auditor of the EU is more important than ever in its 35-year history”

09/05/2013 06:55 (10 Day 20:26 minutes ago)
The FINANCIAL -- Luxembourg Prime Minister Juncker, Minister of State Perry representing the Irish Presidency of the Council, and ECA President Caldeira, spoke today - the eve of Europe Day - at the inauguration of the ECA’s new building, about the challenges facing the European Union and the role of the European Court of Auditors .
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Markets

On sale, but unsafe: EU risklist reports thousands of dodgy products

18/05/2013 05:52 (1 Day 21:29 minutes ago)

The FINANCIAL -- A record number of 2,278 products were reported to the EU’s rapid alert system for dangerous consumer products (RAPEX) in 2012.

INSURANCE

Zurich delivers strong results for the first quarter 2013

18/05/2013 06:19 (1 Day 21:02 minutes ago)
The FINANCIAL -- Zurich Insurance Group (Zurich) reported a business operating profit (BOP) of USD 1.4 billion and net income attributable to shareholders (NIAS)1 of USD 1.1 billion for the three months ended March 31, 2013.
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