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Monday, 6 July 2015
Sunday, 5 July 2015
APPLICATIONS FOR ADMISSION INTO ORDINARY DIPLOMA PROGRAMMES FOR THE ACADEMIC YEAR 2015/2016
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DAR ES SALAAM INSTITUTE OF TECHNOLOGY (DIT)
(Accredited by the National Council for Technical Education-NACTE)
The
Dar Es Salaam Institute of Technology invites applications from
qualified candidates for the admission into the Institute’s Ordinary
Diploma Programmes for the academic year 2015/2016 scheduled to commence
in mid-October 2015.
Saturday, 4 July 2015
Transfer of sold Mortgage Style Loans to Erudio Student Loans Ltd.
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In November 2013 Government completed the sale of the outstanding student loans owned by around a quarter of a million borrowers. The sale related to the remaining loans taken out by students who began courses between 1990 and 1998. These loans were sold to Erudio Student Loans Ltd and management of these loans will be transferred to them on the 1 March 2014.
From Monday 17 February onwards, letters will be issued to inform customers that their Mortgage Style Loans have been sold to Erudio Student Loans Ltd.
Here are some Frequently asked questions to help answer any queries you may have:
In November 2013 Government completed the sale of the outstanding student loans owned by around a quarter of a million borrowers. The sale related to the remaining loans taken out by students who began courses between 1990 and 1998. These loans were sold to Erudio Student Loans Ltd and management of these loans will be transferred to them on the 1 March 2014.
From Monday 17 February onwards, letters will be issued to inform customers that their Mortgage Style Loans have been sold to Erudio Student Loans Ltd.
Here are some Frequently asked questions to help answer any queries you may have:
$85,000 in Prizes in 'Around the World' Casino Bonus Offer
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| $85,000 in Prizes in 'Around the World' Casino Bonus Offer |
| By The Gamblogger |
| Jackpot Capital Casino is always generous with bonuses and they've got a great offer on right now. They're giving away $85,000 in their ‘Around the World’ Scoreboard competition and all you have to qualify for your share is play! |
Global insurance company expands into NZ
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Berkshire Hathaway Specialty Insurance Company (BHSI) has opened its doors in New Zealand and is ready for business.
The company confirmed yesterday it received its licence from the Reserve Bank of New Zealand and is underwriting property and casualty insurance through its new office in Auckland.
"We are pleased to bring the financially strong capacity and customer-centric underwriting and claims handling of BHSI to New Zealand," said Peter Eastwood, Global President and Chief Executive Officer of BHSI.
Berkshire Hathaway Specialty Insurance Company (BHSI) has opened its doors in New Zealand and is ready for business.
The company confirmed yesterday it received its licence from the Reserve Bank of New Zealand and is underwriting property and casualty insurance through its new office in Auckland.
"We are pleased to bring the financially strong capacity and customer-centric underwriting and claims handling of BHSI to New Zealand," said Peter Eastwood, Global President and Chief Executive Officer of BHSI.
Aetna to buy Humana for $37 billion in largest insurance deal
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Photo by BLOOMBERG
(Reuters)
— Health insurer Aetna Inc. said it would buy smaller rival Humana Inc.
for about $37 billion in cash and stock, in the largest-ever deal in
the insurance industry.
The
combination will push Aetna close to Anthem Inc.'s No.2 insurer spot by
membership, and would nearly triple Aetna's Medicare Advantage
business.
Centene To Acquire Health Net For $6.3B
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Medicaid coverage provider Centene is spending about $6.3 billion to buy fellow insurer Health Net, as managed care companies look to bulk up while adjusting to the federal health care overhaul.
St. Louis-based Centene Corp. said Thursday it will pay a combination of cash and stock valued at $78.57, based on Wednesday's closing price, for each Health Net share. That's a premium of about 21 percent over Health Net's closing price of $65.06. The deal totals about $6.8 billion counting debt.
Both companies' boards have approved the acquisition, which is expected to close early next year.
Medicaid coverage provider Centene is spending about $6.3 billion to buy fellow insurer Health Net, as managed care companies look to bulk up while adjusting to the federal health care overhaul.
St. Louis-based Centene Corp. said Thursday it will pay a combination of cash and stock valued at $78.57, based on Wednesday's closing price, for each Health Net share. That's a premium of about 21 percent over Health Net's closing price of $65.06. The deal totals about $6.8 billion counting debt.
Both companies' boards have approved the acquisition, which is expected to close early next year.
Ace to become Chubb in giant merger deal
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Zurich-based global insurer Ace has agreed to buy US-based Chubb Corporation for $US28.3 billion ($37 billion) in what is believed to be the largest-ever deal between two insurance companies.
Ace shareholders will take 70% of the new company, which will operate under the Chubb name.
Ace CEO Evan Greenberg will run the combined company, while Chubb CEO John Finnegan will serve as executive VP for external affairs in North America.
The companies expect to complete the deal during the first quarter of next year.
Zurich-based global insurer Ace has agreed to buy US-based Chubb Corporation for $US28.3 billion ($37 billion) in what is believed to be the largest-ever deal between two insurance companies.
Ace shareholders will take 70% of the new company, which will operate under the Chubb name.
Ace CEO Evan Greenberg will run the combined company, while Chubb CEO John Finnegan will serve as executive VP for external affairs in North America.
The companies expect to complete the deal during the first quarter of next year.
Too much trust being put into cyber insurance: report
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The financial services industry is placing its trust in
cyber insurance rather than companies ensuring their own security
defences are up to scratch, new research from global security firm
WebSense has revealed.
The sector suffered 300% more cyber-attacks in 2014 than any other sector, the report found, as well as discovering certain malware families were observed up to 400% more frequently in financial services than the norm.
The sector suffered 300% more cyber-attacks in 2014 than any other sector, the report found, as well as discovering certain malware families were observed up to 400% more frequently in financial services than the norm.
Expert stresses need for cyber risk management changes
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A leading cyber crime expert has warned businesses, particularly in the financial sector, that they need to evolve their risk management techniques if they want to stay ahead of cyber crime.
Sanjay Samuel, head of financial crime Asia Pacific at BAE Systems Applied Intelligence, warned businesses that without a mitigation plan in place, they run the risk of serious breaches.
“There is a lack of cyber security analytics capability and technology in organisations,” Samuel said.
With cyber crime and insurance a hot button issue globally, Samuel noted that key holes in the cyber capabilities of businesses are allowing breaches to happen.
A leading cyber crime expert has warned businesses, particularly in the financial sector, that they need to evolve their risk management techniques if they want to stay ahead of cyber crime.
Sanjay Samuel, head of financial crime Asia Pacific at BAE Systems Applied Intelligence, warned businesses that without a mitigation plan in place, they run the risk of serious breaches.
“There is a lack of cyber security analytics capability and technology in organisations,” Samuel said.
With cyber crime and insurance a hot button issue globally, Samuel noted that key holes in the cyber capabilities of businesses are allowing breaches to happen.
Five minutes with Cody Subritsky Apex Northland
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Why did you get into insurance?
I have been in sales in one form or another since I was 17. And on my returned to NZ in the middle of GFC I was looking for a career and not just another job. I was introduced to the Life side about 5 years ago and found a home there. I found myself enjoying the technical aspect of the industry, sales challenges and the growth opportunities on offer. So I stay and 5 years later, here I am.
Why did you get into insurance?I have been in sales in one form or another since I was 17. And on my returned to NZ in the middle of GFC I was looking for a career and not just another job. I was introduced to the Life side about 5 years ago and found a home there. I found myself enjoying the technical aspect of the industry, sales challenges and the growth opportunities on offer. So I stay and 5 years later, here I am.
Insurer CEO has contract extended
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Tower Chief Executive Officer David Hancock has had his two-year contract extended by up to three months, the insurer said yesterday.
Hancock’s contract with the general insurer was due to conclude on 30 June 2015 but instead it would now run up until 30 September, 2015.
Tower Chairman Michael Stiassny said yesterday that the board had extended Hancock’s contract to enable him to oversee the delivery of a number of strategic initiatives underway in the business.
Tower Chief Executive Officer David Hancock has had his two-year contract extended by up to three months, the insurer said yesterday.
Hancock’s contract with the general insurer was due to conclude on 30 June 2015 but instead it would now run up until 30 September, 2015.
Tower Chairman Michael Stiassny said yesterday that the board had extended Hancock’s contract to enable him to oversee the delivery of a number of strategic initiatives underway in the business.
