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Insurers are trying. Munich Re is piloting flood insurance in Jakarta; Swiss Re is peddling health policies in Pakistan; Zurich Re is trying out disability coverage in China. The trickiest part, says Brandon Mathews, who heads Zurich's developing-markets business, isn't figuring out what to sell but rather connecting with customers. Some of his team's more creative ideas: sell unemployment insurance in Brazil on people's utility bills and push personal accident policies in Bolivia via scratch cards sold at newsstands...

Author: /time Magazine | Title: Why The World's Poor Refuse Insurance | 9/21/2009 | See Source »

...helicopters are in league to destroy the country - is aflame again, fanned from both right and left. Between the liberal fantasies about Brownshirts at town halls and the conservative concoctions of brainwashed children goose-stepping to school, you'd think the Palm in Washington had been replaced with a Munich beer hall...

Author: /time Magazine | Title: Mad Man: Is Glenn Beck Bad for America? | 9/17/2009 | See Source »

...marble statue found "lying on her side on a filthy brown-and-white mattress." The Monuments Men wrapped her in coats, paper and rope before placing her in a cart. "I think we could bounce her from alp to alp, all the way to Munich, without doing her any harm," an American conservationist said at the time. Instead, they sent her to Belgium. After two years in a cold, dark mine, the Madonna was home...

Author: /time Magazine | Title: Allied Art Hunters: Saving Beauty | 9/14/2009 | See Source »

...illegal trade in doctor titles in Germany, preying on people's desire to gain the social kudos that comes with getting a Ph.D. "The investigation in Cologne is just the tip of the iceberg," says Manuel René Theisen, professor of business administration at the Ludwig-Maximilians University in Munich. "Around a dozen academic consultancies have been on the market for years offering Ph.D.s for money." Theisen says he estimates that of the 25,000 doctorates awarded each year in Germany, up to 1,000 are obtained through illicit means. "The consultancies advertise in trade magazines and they pretend...

Author: /time Magazine | Title: Germany's Ph.D. Scandal: Were Degrees Bought? | 8/28/2009 | See Source »

Scheungraber's conviction marks the end of what is likely to be one of Germany's last Nazi war-crimes trials. John Demjanjuk, 89, is currently sitting in a Munich prison awaiting trial, after having been charged with being an accessory to the murder of 27,900 Jews while he was a guard at the Nazi concentration camp Sobibor. No date has been set, but doctors confirmed recently that he's fit to stand trial. It remains to be seen how Demjanjuk's trial will be affected by Tuesday's verdict, which sends a clear signal that the consequences...

Author: /time Magazine | Title: Ex-Officer Gets Life for Nazi War Crimes | 8/12/2009 | See Source »

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