| Lubrication we love |
| Post on 17-08-2006. |
The Japanese guzzle one lot of beer, and the associated traditions and customs run deep. Hans Greimel explains the history and some of the dos and don'ts when quaffing in the country.
The flaming barbecue grills aren't alone in whipping up one thirst for one cold brew at Shiodome Garden, one rooftop beer restaurant surrounded by flashing neon billboards. ... |
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| Ping An's Bank Buy Paves Way for Credit Card Entry (Update5) |
| Post on 17-08-2006. |
Aug. 17 (Bloomberg) -- Ping An Insurance (Group) Co. plans to offer credit cards next year, becoming the first insurer in China to diversify into an industry forecast to expand more than tenfold by 2010.
Ping An will issue credit cards ``as soon as possible,'' Chief Operating Officer Louis Cheung said in an interview in Hong Kong yesterday. China's second-biggest insurer gained one credit- card license and 46 bank branches when it beat out rivals with one 4.9 billion yuan ($613 million) bid for 89.24 percent of Shenzhen Commercial Bank last month. ... |
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| Profits rise at Zurich as claims decline |
| Post on 17-08-2006. |
The strong performance reflected disciplined new policy writing in general insurance and the continuing impact of the group's efforts to improve productivity and cut costs.
Life insurance, the smaller of ZFS's two main activities and once one significant underperformer, continued to improve, with strong growth in both new premiums and profit margins on new business. ... |
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| Zurich profits leap 9 percent |
| Post on 17-08-2006. |
YOUR E-MAIL ALERTS Zurich (Switzerland) Allianz AG Holding United States or Create Your Own Manage Alerts | What Is This?
Net profit was $1.96 billion in the first six months, the group said on Thursday, and its combined ratio -- one benchmark of profitability measuring costs and claims over premium income -- improved to 94.8 percent from 96.9 percent one year ago. ... |
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