We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

Latest News

Crude oil rises $2 on Spain rescue, Iran


UN nuclear watchdog, Iran fail to reach deal on probe; Eurozone agrees to lend Spain up to 100 billion euros


June 11, 2012 10:22 by

Crude oil futures rose $2 in early Asian trading on Monday after euro zone finance ministers agreed to a rescue package of up to 100 billion euros ($125 billion) for Spain’s banks and after talks between the United Nations and Iran failed.

The rescue package for Spain was larger than expected, calming some of the fears in financial markets over Europe’s debt crisis. The aid was heralded as a milestone for the region by the Group of Seven developed nations.

Brent rose to as much as $101.59 a barrel and traded $2 higher at $101.47 by 1100 GMT, while U.S. crude increased to as much as $86.15, and was $1.93 higher at $86.03.

The aid package helped oil prices reverse Friday’s losses. Brent had settled 46 cents lower at $99.47 a barrel on Friday, sliding for a second day. U.S. crude had slipped 72 cents.


The U.N. nuclear watchdog and Iran failed at talks on Friday to unblock a probe into suspected atom bomb research by the Islamic state, reviving concerns over supply disruption and dimming any chances for success in negotiations between Tehran and major powers later this month.

The International Atomic Energy Agency, using unusually pointed language, said no progress had been made in the meeting aimed at sealing a deal on resuming the IAEA’s long-stalled investigation, and it described the outcome as “disappointing.”

It came just a few weeks after U.N. nuclear chief Yukiya Amano said he had won assurances from senior Iranian officials in Tehran that an agreement would be struck soon.

(Reporting by Manash Goswami; Editing by John Mair)


Tags: , , , , , ,

Leave a Comment