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	<title>Mad Insurance - breaking news on insurance</title>
	<link>http://www.madinsurance.net</link>
	<description>Life insurance, health insurance, house insurance etc</description>
	<lastBuildDate>Tue, 30 Sep 2008 21:00:47 +0000</lastBuildDate>
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		<title>AIG is not going to sell business in Kazakhstan</title>
		<description>Largest American insurance company American International Group (AIG) does not plan to sell the business in Kazakhstan - AIG Kazakhstan.
As it has been mentioned in the AIG's report, the American insurer officially informs, that business AIG in Kazakhstan is not on sale. The company is stable, successful and financial steady, ...</description>
		<link>http://www.madinsurance.net/content/68</link>
			</item>
	<item>
		<title>Munich Re is to get insurance business in the East Europe and Asia</title>
		<description>German reinsurance company Munich Re pays attention to sharp changes in insurance and reinsurance branch, comparing situation in market with the period after acts of terrorism on September, 11th, in the USA.
As "Deutsche Welle" transfers, in 2009 Munich Re predicts 2% growth of tariffs on insurance and reinsurance services. Since ...</description>
		<link>http://www.madinsurance.net/content/67</link>
			</item>
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		<title>Manulife studies an opportunity of AIG&#8217;s purchase</title>
		<description>The largest insurance company of Canada Manulife Financial Corp. considers an opportunity of exhibiting of the offer on purchase of a part of American insurer AIG.
Manulife main executive director Dominic D'Alessandro and other top-managers of the company have held a meeting with financial advisers for studying ways of use of ...</description>
		<link>http://www.madinsurance.net/content/66</link>
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		<title>Profit of Old Mutual has grown on 14 %</title>
		<description>In the first half-year of 2008, profit of the British insurer Old Mutual, earning the most part of the profit in Southern Africa, has grown on 14 %.
The profit of the company has made 549 million pounds or 10,5 pence per share. The greater growth has been slowed weakness of ...</description>
		<link>http://www.madinsurance.net/content/65</link>
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		<title>Czech Republic: get insured by mobile phone</title>
		<description>Already two Czech insurance companies - Generali and Česká podnikatelská pojišťovna (ČPP) offer their clients to buy tourist insurance by means of mobile phone.

For signing the contract only the surname, name, the address and term of insurance is required. It is necessary to send SMS with specified information. Cost of ...</description>
		<link>http://www.madinsurance.net/content/64</link>
			</item>
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		<title>Foreign insurers face obstacles in China</title>
		<description>About 45 foreign insurance companies, which have united with the Chinese partners for activity in territory of the country, have collided with the rigid restrictions, established by the state on structure of joint ventures, opportunities of branches' accommodation and the list of services, offered to clients.

The share of joint ventures ...</description>
		<link>http://www.madinsurance.net/content/63</link>
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		<title>Fitch has confirmed Lloyd`s ratings</title>
		<description>International rating agency Fitch has confirmed Lloyd`s ratings. Also the agency has confirmed a long-term credit rating at the level "A" of Society of Lloyd `s and rating of financial stability at the level "A+" of Chinese reinsurance companies Lloyd`s Reinsurance Company (China) Limited. The forecast concerning the given ratings ...</description>
		<link>http://www.madinsurance.net/content/62</link>
			</item>
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		<title>Japanese insurer Dai-ichi Mutual Life Insurance will redeem 30 % of Tower Australia Group&#8217;s shares</title>
		<description>Second insurance company Dai-ichi Mutual Life Insurance - the largest in Japan company - has agreed to get 30 % of Tower Australia Group's shares and to enter on the Australian market of services of insurance.
The price of the transaction will presumably make 376 million Australian dollars (341 million US ...</description>
		<link>http://www.madinsurance.net/content/61</link>
			</item>
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		<title>The largest world insurer incurs losses</title>
		<description>In April-June, 2008, American International Group (AIG), the largest insurance company of the world has fixed the pure loss in $5,36 billion.
The insurer fixes huge losses the third quarter successively on a background of crisis in the real estate market of the USA, which has led to a collapse of ...</description>
		<link>http://www.madinsurance.net/content/60</link>
			</item>
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		<title>Barclays sells Swiss Rе division on life insurance for 1,5 billion dollars</title>
		<description>British financial group Barclays Plc sells division on life insurance Barclays Life Assurance Company Ltd Swiss Swiss Re for 753 million pounds sterling (1,5 billion dollars).
With purchase of Barclays Life Assurance Company Ltd. the Swiss company will get about 760 thousand policies of life assurance and pension insurance. The transaction ...</description>
		<link>http://www.madinsurance.net/content/59</link>
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