Europe Intelligence Wire articles from July 2005

Europe Intelligence Wire archives from July 2005

FOREIGN OFFICE STATEMENT ON IRAN.
July 31, 2005... (From Government News Network (Was Hermes-Government Press Releases)) ] FOREIGN AND COMMONWEALTH OFFICE 31 July 2005 FOREIGN OFFICE STATEMENT ON IRAN A Foreign Office spokesperson said: "We have received reports that the...

Technoparty over, one fatality, 80 injuries.
July 31, 2005... (From Czech News Agency) PLZEN/MLYNEC/TACHOV, West Bohemia, July 31 (CTK) - A meadow near Mlynec where an estimated 5,000 people from the Czech Republic and many European countries enjoyed themselves and danced on Friday and Saturday...

Fire in High Tatras in storm area.
July 31, 2005... (From Czech News Agency) VYSOKE TATRY, East Slovakia, July 31 (CTK) - Firemen today managed to limit the spread of a large fire at the High Tatras (Vysoke Tatry) mountains, which started yesterday in the region afflicted by a devastating...

Czech businessman Priplata escapes from Romania to avoid prison.
July 31, 2005... (From Czech News Agency) BUCHLOVICE, Central Moravia/PRAGUE/BUCHAREST, July 31 (CTK) - Czech businessman Frantisek Priplata, who was sentenced to eight years in prison for incitement to the murder of a Romanian union leader in 2000, has...

Command in central Kosovo goes to Czechs.
July 31, 2005... (From Czech News Agency) PRISTINA, Kosovo, July 31 (CTK) - The Czech Republic today officially accepted the military command in central Kosovo for one year. Along with the monitoring of the situation alongside the border with Serbia,...

Critics of police action against techno heading for government.
July 31, 2005... (From Czech News Agency) PRAGUE, July 31 (CTK) - Hundreds of chiefly young people who met before the Interior Ministry to protest against the police crackdown on the technoparty CzechTek set out for the Government Office shortly before...

Czech businessman Priplata escapes from Romania to avoid prison.
July 31, 2005... (From Czech News Agency) (adds 2nd-5th paragraphs) BUCHLOVICE, Central Moravia/PRAGUE/BUCHAREST, July 31 (CTK) - Czech businessman Frantisek Priplata, who was sentenced to eight years in prison for incitement to the murder of a...

Army intelligence services merge into one.
July 31, 2005... (From Czech News Agency) PRAGUE, July 31 (CTK) - The Czech army will only have one intelligence service from August 1 as the law merging military intelligence and counter-intelligence takes effect on the day. As a result, the...

Bublan stands by police action against techno revellers.
July 31, 2005... (From Czech News Agency) BRNO, July 31 (CTK) - The police crackdown on the participants in the technoparty, held in Mlynec, West Bohemia, on Saturday, was necessary, Interior Minister Frantisek Bublan told CTK today. Bublan said that...

Strache criticises Austrian govt for ignoring Sudeten Germans.
July 31, 2005... (From Czech News Agency) VIENNA, July 31 (CTK) - The leader of the far-right Austrian Freedom Party (FPOe) Heinz-Christian Strache today sharply criticised the Austrian government for ignoring the Sudeten German question. He spoke on...

Paroubek backs police action against techno revellers.
July 31, 2005... (From Czech News Agency) PRAGUE, July 31 (CTK) - Prime Minister Jiri Paroubek today repeated that the police action against the participants in the technoparty CzechTek, held in Mlynec, West Bohemia, on Saturday was appropriate. The...

Large Czech firms doing well on strong economic growth.
July 31, 2005... (From Czech News Agency) PRAGUE, July 31 (CTK) - Large Czech companies are doing well this year owing to strong economic growth and most first-half bottom lines announced in the past two weeks beat expectations, experts told CTK in a...

Budvar wins trademark dispute with Anheuser in China--press.
July 31, 2005... (From Czech News Agency) PRAGUE, July 31 (CTK) - Czech brewery Budejovicky Budvar has won a trademark dispute with its arch-rival Anheuser-Busch in China, the dailies Lidove noviny and Mlada fronta Dnes said on Saturday. They add the...

Klaus raises objections to police action against techno party.
July 31, 2005... (From Czech News Agency) PRAGUE, July 31 (CTK) - The police action against the participants in the techno party in Mlynec, West Bohemia, on Saturday is very questionable, President Vaclav Klaus said. The action, in which tens of...

Czech wood volume in forests up again in 2004.
July 31, 2005... (From Czech News Agency) PRAGUE, July 31 (CTK) - Wood inventories in Czech forests reached about 658 million cubic metres in 2004, a growth of 17 percent from 1990 and a 200 percent growth against 1950, the farm ministry has said. ...

Plaque unveiled to Germans murdered after war in Usti nad Labem.
July 31, 2005... (From Czech News Agency) USTI NAD LABEM, North Bohemia, July 31 (CTK) - City councillors in Usti nad Labem unveiled a commemorative plaque to German victims of a massacre from July 31, 1945 at the Edvard Benes Bridge today. The act...

Klaus raises objections to police action against techno party.
July 31, 2005... (From Czech News Agency) PRAGUE, July 31 (CTK) - The police action against the participants in the techno party in Mlynec, West Bohemia, on Saturday is very questionable, President Vaclav Klaus said. The action, in which tens of...

CSOB's Slovak unit posts lower H1 profit.
July 31, 2005... (From Czech News Agency) BRATISLAVA, July 31 (CTK) - Czech bank CSOB's Slovak unit posted Sk317.27 million in net profits to Slovak accounting standards in the first half, a drop from Sk356.08 million a year ago, CSOB has said. Its...

Saar Gummi wins Kc150m contract with Volkswagen.
July 31, 2005... (From Czech News Agency) CERVENY KOSTELEC, East Bohemia, July 31 (CTK) - Czech rubber maker Saar Gummi Czech said today it had won a contract to supply door sealing for Volkswagen Golf cars worth Kc150 million a year. "The...

Slovaks can choose phone operators as of August.
July 31, 2005... (From Czech News Agency) BRATISLAVA, July 31 (CTK) - Slovaks can choose from several phone operators owing to the liberalisation of fixed lines as of August 1. The dominant fixed-line operator, former state-owned monopoly Slovak...

Klaus raises objections to police action against techno party.
July 31, 2005... (From Czech News Agency) (adds lower part) PRAGUE, July 31 (CTK) - The police action against the participants in the techno party in Mlynec, West Bohemia, on Saturday is very questionable, President Vaclav Klaus said. The...

CTK's Business News In Brief.
July 31, 2005... (From Czech News Agency) Over 8,000 people visit TPCA car plant on open day -------------------------------------------------- KOLIN, Central Bohemia - More than 8,000 people showed up for an open day at the TPCA car plant of the...

Summary of the main business news published by CTK on July 31:.
July 31, 2005... (From Czech News Agency) PRAGUE - Large Czech companies are doing well this year owing to strong economic growth and most first-half bottom lines announced in the past two weeks beat expectations, experts told CTK in a poll. PRAGUE -...

Sports reporter Bartusek swims across Channel.
July 31, 2005... (From Czech News Agency) CAP GRIS NEZ, France, July 31 (CTK) - Stanislav Bartusek, a sports reporter of the public broadcaster Czech Television (CT), is the tenth Czech to swim across the Channel, in 10 hours and seven minutes today. ...

Some former dissidents against police action at CzechTek.
July 31, 2005... (From Czech News Agency) PRAGUE, July 31 (CTK) - Some signatories of the Charter 77 dissident manifesto today voiced concern over the tough police action against the participants in the techno party in Mlynec, West Bohemia, on Saturday,...

Results of Slovak soccer league.
July 31, 2005... (From Czech News Agency) BRATISLAVA, July 31 (CTK) - Results of the Slovak soccer league third round match played this weekend: Zilina vs Dubnica 3-0 Artmedia vs Puchov 2-0 Ruzomberok vs Nitra 2-0 Standings: 1....

Klaus, Paroubek at loggerheads over technoparty.
July 31, 2005... (From Czech News Agency) PRAGUE, July 31 (CTK) - Another feud today erupted between President Vaclav Klaus and Prime Minister Jiri Paroubek (Social Democrats, CSSD), this time over the tough police action against the participants in the...

French victory in GP2 race.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - Alexandre Premat of France triumphed in the sprint race of the GP2 series on Hungary's Formula One track Hungaroring on Sunday. OpreU GP2, sprint (25 laps): 1....

Pilot dies in helicopter crash, the third involving.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - The pilot of a crop-duster helicopter died in on Sunday morning when his chopper crashed and burst into flames in a field near the village of Bata in southern Hungary, police...

Budapest bourse indexes close at all-time highs.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 28, 2005 (MTI) - Gains by blue chips Mol and Richter outweighed Magyar Telekom and OTP losses as the Budapest exchange's headline index advanced 66.02 points to a fifth consecutive...

Formula One: Raikkonen wins Hungarian Grand Prix.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - McLaren-Mercedes driver Kimi Raikkonen of Finland won the 20th Formula One Hungarian Grand Prix on Hungaroring near Budapest on Sunday. Ferrari's Michael Schumacher of...

Jewish Communities' Federation elects new chair.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - The Federation of Jewish Communities in Hungary (Mazsihisz) elected Peter Feldmajer as its new chairman in Budapest on Sunday. Feldmajer, who filled the post for two terms...

Formula One: Overall standings.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - Overall standings of the Formula One World Championship after the 13th race held in Hungary on Sunday: OpreU Drivers: 1. Fernando Alonso (ESP) 87 points 2....

Hungarian Formula One Grand Prix - Comments by top three drivers.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - McLaren-Mercedes driver Kimi Raikkonen of Finland won the 20th Formula One Hungarian Grand Prix at Hungaroring near Budapest on Sunday. Ferrari's Michael Schumacher of Germany...

Weather forecast up until Monday evening.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - Intermittent clouds can be expected at first, and from late afternoon on Sunday cloud cover will thicken from the east, bringing showers and possibly thunderstorms. From...

Two die as German-registered coach crashes into car.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - A coach with German number plates careered into a car on Route 54 in central Hungary on Sunday afternoon, killing two people, police informed MTI. It is not known what...

Gov't, not farmers should pay back EU, says Fidesz MP.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - Main opposition party Fidesz has demanded that the government assume the debt of HUF 4 billion (EUR 16 million) that farmers are expected to pay to the European Union. The...

MTI's news schedule, August 1-7.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - MTI's daily news service in English expects to include coverage of the following events from August 1 to 7: August 1, Monday: - outgoing president Ferenc Madl pays...

Soccer - First-division championship results.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - Results of matches played in the first round of Hungary's first-division soccer championship on Sunday. Saturday: Diosgyor - Ujpest 0:1 (0:0) Ferencvaros -...

PM says he never used political influence to benefit in.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - Hungarian Prime Minister Ferenc Gyurcsany said in a TV interview on Sunday evening that he had never used his political power for material gain in his business life. ...

PM, opposition leader agree on need of cooperation.
July 31, 2005... (From Hungarian News Agency (MTI)) Budapest, July 31 (MTI) - Both Prime Minister Ferenc Gyurcsany and opposition Fidesz party leader Viktor Orban spoke about the need of cooperation in separate interviews aired by public television MTV...

Fiat agrees to Mirafiori deal (Fiat ed enti locali chiudono l'accordo su Mirafiori).
July 31, 2005... (From La Stampa) Fiat, the Italian automotive group, yesterday entered into an agreement with the city of Turin and the provincial and regional authorities to convert part of the group's Mirafiori production site in the city into a car...

Spanish car plants forced to scale back production (La invasion del coche extranjero).
July 31, 2005... (From El Pais) Car unit sales totalled 1,517,000 in Spain in 2004 and they are expected to hit an all-time record this year. Most of these cars, however, will be manufactured outside Spain. For the first time, Spanish imports of cars...

Fire on Zakynthos partially under control.
July 31, 2005... (From Athens News Agency) A fire that broke out on Mount Skopos on the Ionian island of Zakynthos is now partially under control, the fire department reported on Sunday The fire broke out late on Saturday in scrubland but was hard to...

Fire at Aghious Theodorous, Corinth.
July 31, 2005... (From Athens News Agency) A fire broke out at 16:00 on Sunday in sparsely forested land alongside the national highway at Aghious Theodorous, along the 62nd kilometre of the Athens-Corinth highway The fire department said the fire is...

ADESMEFTOS ON SUNDAY: "New jobs at the 11th hour. Recruitment of 55 to 60 year olds".
July 31, 2005... (From Athens News Agency) ADESMEFTOS TYPOS: "A 24-hour nightmare for 12 areas. Entire state machine on alert for fires" ANO KATO (SUNDAY): "Leave off the yachts and celebrity holidays so that people can find out the truth" APOGEVMATINI...

ND MEP questions Commission over Greek minority's property rights, schools in Turkey.
July 31, 2005... (From Athens News Agency) New Democracy MEP Antonis Samaras, a former party leader, has asked the European Commission what actions it intends to take to stop Turkey's General Vakuf Directorate from selling property that belongs to the...

Greek composer Mikis Theodorakis underlines concern over spread of international terror.
July 31, 2005... (From Athens News Agency) Greece's "national composer" Mikis Theodorakis underlined his concern over the spreading phenomenon of terrorism and suicide bombers, during a press conference given in Hania on Sunday on the sidelines of an...

Fire at Aghious Theodorous, Corinth out of control, houses at risk (NEW LEAD).
July 31, 2005... (From Athens News Agency) A fire that broke out at 16:00 on Sunday was blazing out of control and threatening homes a few hours later, fanned by strong westerly winds that were sending the flames toward nearby inhabited areas The...

Coalition (Synaspismos) party stresses concern over way Turkey signed customs union.
July 31, 2005... (From Athens News Agency) The Coalition of the Left, Movements and Ecology (Synaspismos) party voiced concerns in an announcement on Sunday over the manner in which Turkey signed a protocol extending customs union to the 10 new...

Greek water polo team finishes third in world championship.
July 31, 2005... (From Athens News Agency) Greece's men's team in water polo finished third in the world championship on Saturday to win the highest place in the history of the Greek national team in the sport. Serbia finished in first place and Hungary...

Fire at Aghioi Theodoroi, Corinth partially under control (UPDATE).
July 31, 2005... (From Athens News Agency) A fire that broke out near the national highway at Agioi Theodoroi in Corinth - which at some point had threatened to burn down homes in the village of Leontari - was partially under control on Sunday night,...

EIGHTY INJURED AFTER 1,000 RIOT POLICE BREAK UP CZECH TECHNO PARTY.
July 31, 2005... (From ONASA News Agency) PRAGUE, July 31 (ONASA/AFP) - Eighty people were injured when more than 1,000 riot police stormed a techno party in the Czech Republic to break up the event, the Czech news agency CTK reported Sunday. Forty-five...

IRAQ DENIES SADDAM ASSAULT CHARGES.
July 31, 2005... (From ONASA News Agency) BAGHDAD, July 31 (ONASA/AFP) - Iraq's special tribunal Sunday denied reports that an unidentified man had attacked ousted Iraqi leader Saddam Hussein during a court hearing in Baghdad on Thursday, and that the...

FIVE US SOLDIERS KILLED IN BAGHDAD BOMBINGS.
July 31, 2005... (From ONASA News Agency) BAGHDAD, July 31 (ONASA/AFP) - Five US soldiers were killed and two wounded Saturday in two bomb attacks on their patrols in the Iraqi capital, the US military said Sunday. One soldier was killed and two wounded...

BRITISH POLICE HOLD 11 OVER LONDON TERROR BOMBINGS.
July 31, 2005... (From ONASA News Agency) LONDON, July 31 (ONASA/AFP) - British police were holding Sunday a total of 11 suspects in custody over the two waves of London bomb attacks this month. Twenty-eight people had been arrested during the...

BROTHER OF LONDON BOMBING SUSPECT ARRESTED IN ITALY: REPORT.
July 31, 2005... (From ONASA News Agency) ROME, July 31 (ONASA) - Police in northern Italy have arrested a brother of the London bombing suspect who is in custody in Rome, the Ansa news agency reported. Fati Issac, brother of Hamdi Issac, who is also...

ROME TERROR SUSPECT LINKS FAILED LONDON BOMBINGS TO IRAQ: REPORT.
July 31, 2005... (From ONASA News Agency) ROME, July 31 (ONASA/AFP) - One of the suspects in the failed London bombings on July 21 has told police in Rome that the attempted attack was revenge for the US-led military operation in Iraq, an Italian...

CRIMINAL CHARGES OVER FALSE ALARM ON GOTOVINA WHEREABOUTS.
July 31, 2005... (From ONASA News Agency) LIVNO, July 31 (ONASA) - The Interior Ministry of Livno Canton has filed to the Cantonal Prosecution criminal charges against Stipe Kulis (1955), called Captain, for sending a false alarm to the field office of...

IRAN THREATENS TO RESUME NUCLEAR WORK WITHOUT EU OFFER.
July 31, 2005... (From ONASA News Agency) TEHRAN, July 31 (ONASA/AFP) - Iran warned Sunday it would resume sensitive nuclear work within 24 hours if the European Union failed to submit proposals aimed at ending a long-running crisis over its nuclear...

ZAMBIA TO HAND OVER BOMBING SUSPECT TO BRITAIN.
July 31, 2005... (From ONASA News Agency) LUSAKA, July 31 (ONASA/AFP) - Zambia has decided to hand over a British national who was reportedly involved in the July 7 London bombings to Britain and turned down a US request for his extradition, a police...

ABC TV 'OUTCAST' FOR RUSSIAN DEFENSE MINISTRY AFTER BASAYEV INTERVIEW.
July 31, 2005... (From ONASA News Agency) VLADIVOSTOK, Russia, July 31 (ONASA/AFP) - Russia's defense ministry severed all contacts with ABC television following the network's interview with radical Chechen rebel leader Shamil Basayev, Defense Minister...

SIX MORE ARRESTED IN BRITAIN OVER LONDON BOMBINGS.
July 31, 2005... (From ONASA News Agency) LONDON, July 31 (ONASA/AFP) - Six more people were arrested in two police raids south of London on Sunday in connection with the July 21 bombings in the British capital, police said. "We have carried out search...

TADIC URGES CROATIA TO TAKE POSITION ON CRIMES AGAINST SERBS.
July 31, 2005... (From ONASA News Agency) BELGRADE, July 31 (ONASA/Hina) - Serbian President Boris Tadic on Sunday once again called on Croatian authorities "to take a position on the crime committed against Serbs in Operation Storm in 1995," his office...

US PLANS TO REDUCE IRAQ FORCE TO 80,000 BY MID-2006: REPORT.
July 31, 2005... (From ONASA News Agency) WASHINGTON, July 31 (ONASA/AFP) - The United States plans to reduce its troop levels in Iraq to 80,000 soldiers by the middle of next year and to a maximum of 60,000 by the end of 2006, Newsweek magazine said...

Cepsa reports sharp increase in first-half profits (Cepsa gana 487 millones).
July 31, 2005... (From El Pais) Spanish petrochemicals group Cepsa recorded a year-on-year net profit increase of 54 per cent to 487m euros in the first half of 2005. Cepsa has attributed the sharp increase to the good performance of the group's oil...

SOUTH AFRICA: Annuities come home to haunt South African insurers.
July 31, 2005... (From Life Insurance International) Slammed by the pension fund adjudicator and deserted by policyholders in their droves, South African life insurers face a crisis that threatens the industry's long-term profitability and capital...

CHINA: Stockbroking collapse wreaks financial havoc.
July 31, 2005... (From Life Insurance International) Turmoil in China's stockbroking industry, resulting from large-scale fraud and embezzlement of clients' funds, continues to take its toll on financial institutions. One of the latest victims is PICC...

GERMANY: Volksfursorge buys Pensor Pensionsfonds.
July 31, 2005... (From Life Insurance International) Pensor Pensionsfonds has been sold by Germany's Commerzbank (which holds a 51 percent interest) and actuarial consultancy firm Hofer Vorsorge Management (which holds 49 percent), to German insurer...

US: MetLife adds core New York property to portfolio.
July 31, 2005... (From Life Insurance International) US insurer MetLife has bought what the group's head of real estate investments Robert Merck called "a core asset in Manhattan". The building, 575 Fifth Avenue, is a 40-storey, 522,346 sq ft, class A...

CHINA: Sun Life expands Hong Kong base.
July 31, 2005... (From Life Insurance International) Canada's Sun Life Financial (SLF) is set to significantly increase the scale of its operations in Hong Kong through the proposed acquisition of Commonwealth Bank of Australia's (CBA's) CMG Asia life...

OUTSOURCING: CSC gains ground in Asia.
July 31, 2005... (From Life Insurance International) ING Life Insurance Japan (ING-Japan), which in 1986 became the first European insurance company to enter the Japanese market, has opted to go the outsourcing route. The company has awarded a...

AVIATION: PacificLife expands aircraft leasing base.
July 31, 2005... (From Life Insurance International) Aviation Capital Group (ACG), a subsidiary of US insurance group Pacific LifeCorp, has acquired Seattle-based Boullioun Aviation Services from German bank WestLB for $2.65 billion. The deal adds 102...

CHINA: Prudential broadens its Chinese footprint.
July 31, 2005... (From Life Insurance International) In June, UK insurer Prudential was granted licences to sell life insurance products in Nanjing and Shenzhen, Chinese cities with a combined population of 12 million people. Prudential now has a total...

VARIABLE ANNUITIES: Bank of America does the right thing.
July 31, 2005... (From Life Insurance International) While not conceding that variable income annuities (VAs) linked to mutual funds are unsuitable for the very elderly, Bank of America (BofA), the US's second-largest bank, has agreed to allow around...

VARIABLE ANNUITIES: US variable annuity sales take a dive.
July 31, 2005... (From Life Insurance International) US annuity sales figures for the first quarter of 2005 revealed no evidence that appeals by the US insurance industry for workers to better prepare themselves for retirement are having any real effect....

SIPPS: FundsNetwork and Standard Life join forces in UK SIPP market.
July 31, 2005... (From Life Insurance International) FundsNetwork, the mutual fund multimanager marketing business of Fidelity UK, and insurance company Standard Life have joined forces to offer a self-invested personal pension (SIPP) product due to be...

TECHNOLOGY: New system streamlines reporting and risk measurement.
July 31, 2005... (From Life Insurance International) JPMorgan Worldwide Securities Services has implemented its performance measurement and analytics reporting system, the second in a series of initiatives to develop state-of-the-art performance...

INDIA: Private insurers gain market share in India.
July 31, 2005... (From Life Insurance International) India's life insurance industry enjoyed growth in total premium income of 35.7 percent during the fiscal year ended 31 March 2005, bringing its total value to INR25,343 crore ($5.2 billion). Total...

BANCASSURANCE: Italian bancassurance tie-up mooted.
July 31, 2005... (From Life Insurance International) Italian banking firm Banca Popolare di Milano (BPM) and Italian insurer Fondiaria-SAI have entered into negotiations that could culminate in the creation of a bancassurance joint venture. The two...

SOUTH-EAST ASIA: Manulife prospers in Indonesia.
July 31, 2005... (From Life Insurance International) The largest foreign controlled insurer in Indonesia, Canada's Manulife Financial's PT Asuransi Jiwa Manulife Indonesia, believes its premium income could hit a record IDR1.8 trillion ($183 million)...

CHINA: Bank of East Asia targeting Chinese bancassurance.
July 31, 2005... (From Life Insurance International) The Bank of East Asia (BEA), Hong Kong's third-largest bank, has become the first foreign bank accredited to provide life insurance agency services in the southern Chinese city of Guangzhou. The move...

US variable annuity sales in the legal spotlight.
July 31, 2005... (From Life Insurance International) An investigation into the sale and exchange of variable annuities (VAs) to people aged 65 and older by New York state attorney general Eliot L Spitzer has led to the subpoenaing of The Hartford...

Illegal insurance brokers in FSA's sights.
July 31, 2005... (From Life Insurance International) The UK Financial Services Authority (FSA) has begun a crackdown on firms that may be wittingly or unwittingly breaking the law by conducting unauthorised general insurance business. The FSA's move is...