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October 14, 2010

Recipes for Easy Life

Let’s play a business game. Say, you are a life insurer and you want to expand in Central Europe. You have a choice between four countries – the Czech Republic, Hungary, Poland, and Slovakia – and can pick from a whole range of insurance products – from traditional endowment and whole life to last-generation investment policies.
Where exactly would you go and what products sell to achieve the best possible financial result?

October 13, 2010

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Sometimes, facts alone are enough.

Hungary's MAL aluminium plant has announced the insurance sum under their TPL liability contract: US$102,200.
According to the local media, MAL's insurer (aka Allianz) "decided to pay out the claim in full without even investigating the extent of the damage".