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Do you trust your insurer ?

Strongly agree
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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
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Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
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Saudi Aramco sells third fuel lot to East Asia

Saudi Aramco sells third fuel lot to East Asia

Saudi Arabia sold its third August-loading fuel oil cargo to East Asia at lower prices on the back of two unexpected deals that were concluded at high price levels in a tightly-supplied market, traders said on Monday.


August 2, 2011 11:40 by

China, expected for the entire third quarter, due to poor refining margins by its small, private refiners who mainly use straight-run fuel oil as feedstock.

Traders expect a low-supply, low-demand month, with the market staying in moderate backwardation, reflected by current prompt levels of around $3.00 a tonne for the August/September timespread contract. (Reporting by Yaw Yan Chong; Editing by Sugita Katyal)

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