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Posted on Feb 2, 2012 (2 days ago)

The Nation

Cabinet to consider names of insurance fund managers next week
The Nation
Areepong said that before the floods, natural-disaster-insurance premiums totalled about Bt16 billion. That was not much compared with a combined Bt800 billion for both life and non-life insurance premiums, he said. "Of course, some firms may demand ...


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Posted on Jan 9, 2012 (26 days ago)

Natural disaster insurance review release
Wingham Chronicle
“As a result of widespread community lobbying on this issue, a Natural Disaster Insurance Review was commissioned to examine insurance for flood and other natural disasters. “The government delivered its response to the report and has just released ...
householders exposed to flood lossesCourier Mail

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Posted today (16 hours ago)

In ourselves we trust
The Foreigner
How many trust the Norwegian Natural Perils Pool, the national disaster insurance organisation, to pay fully and promptly if your property is flooded? A good beginning in Norway is that trust in authorities in Norway tends to be high compared to other ...

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Posted on Jan 10, 2012 (25 days ago)

OIC devises framework for government disaster fund
Bangkok Post
Based on the number of homes in the central region that were most hit by the floods, the OIC expects 780747 private households to carry natural disaster insurance this year. Similarly, 229338 small and medium-sized enterprises (SMEs) and 15637 large ...


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Posted on Feb 1, 2012 (3 days ago)

International Business Times AU

Australia Urged Annuities Reform for Retirees, National Insurance Pool for ...
International Business Times AU
Echoing its submission to the Natural Disaster Insurance Review (NDIR) last year, the Institute believes further government intervention in the flood insurance market is necessary due to high risk properties becoming uninsurable, and that a flood ...

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Posted on Jan 11, 2012 (24 days ago)

Disaster Puts Are Suddenly Popular
Barron's
The hedging action suggests that major investors are buying disaster insurance in case the old hobgoblins of 2011, including Europe's economic crisis, and a return of US economy weakness, take center stage. So far, the March 1200 put, ...

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Posted on Jan 11, 2012 (24 days ago)

Assistance for disaster-affected businesses
Sydney Morning Herald
The MoneySmart website provides information for businesses and individuals on natural disaster insurance and advice on making a claim. Legal Aid Queensland has provided a fact sheet to help Queensland businesses with claiming insurance after a natural ...

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Posted on Jan 19, 2012 (16 days ago)

The West Australian

Wesfarmers Insurance defends premium hikes
The West Australian
He said the industry was working with the federal government to improve building regulations and to ensure fewer houses were built in vulnerable areas like flood plains as part of the government's Natural Disaster Insurance Review.

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Posted on Feb 2, 2012 (2 days ago)

Two financial decrees pased despite the opposition's walkout
The Nation
The decrees, on the disaster insurance and on the soft loans for flood victims, were passed by the majority of 263-to-14 votes. Five MPs abstained. After the 12-hour session on Wednesday, the ruling party moved a motion this afternoon to end the debate ...

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Posted on Jan 9, 2012 (26 days ago)

Live Insurance News

Queensland residents prepare for major insurance rate hikes nearly one year ...
Live Insurance News
The Australian government has announced that meeting its own recommendations for disaster insurance in the wake of the floods in Queensland early last year. The floods that hit the region last year cost thousands of people their homes and put an end to ...

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