Global outlook

Article Abstract:

Continuum Australia, a software services company serving the insurance industry, has used artificial intelligence to develop insurance software applications. A subsidiary of Texas Continuum Co, Continuum Australia has developed Eco-Loss, an expert system used by the Government Insurance Office of Australia to forecast workers' compensation loss exposures. Eco-Loss uses a database of Australian workers' comp cases, but Continuum Australia plans to market Eco-Loss internationally in module form so that local workers' comp databases can be used.

Prepackaged software, Financial & Acctg Software Pkgs, Computer software industry, Software industry, Software, Product information, Continuum Australia

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Global Outlook

Article Abstract:

Different aspects of the insurances markets in both the UK and Argentina are discussed. The London Insurance Market Committee has been formed in response to a long-felt need in the insurance industry to create a body that will coordinate a UK market strategy. The former Argentine state reinsurer, INdeR, has sharply decreased its market payments after liquidating in 1992 and subsequent lawsuits still abound in the courts. A new compulsory worker's compensation law was passed by Argentina's parliament which will become effective in Apr 1996.

United Kingdom, Economic aspects, Argentina

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Global outlook

Article Abstract:

The insurance industries of Europe and Russia are facing different sets of problems. The European Union was supposed to establish a set of directives to manage all businesses, including insurance. A problem in 1995 is a standard interpretation of these directives. Russia needs to establish a solvent and stable insurance industry. Inadequate personnel, an underdeveloped infrastructure and improper products have caused problems.

Management, Europe, Russia

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