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Posted on 23/03/06

Banks, insurers told to plan for bird flu

Canada's top financial industry regulator is pushing the country's banks and insurers to draw up plans to cope with a possible outbreak of avian flu.The Office of the Superintendent of Financial Institutions has sent letters to three major industry associations -- the Canadian Bankers Association, Insurance Bureau of Canada and the Canadian Life and Health Insurance Association -- asking what actions they have taken to prepare for a pandemic and who at the association "has been tasked with co-ordinating your activities."

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