Starr International Insurance (Asia) Limited has received approval from the Philippine Insurance Commission to establish a branch office to provide general insurance. Starr’s Philippine operation will be located in Manila and will serve as a branch of Hong Kong based …
A typhoon that had left the Philippines after killing nearly 600 people and leaving hundreds missing in the south has made a U-turn and is now threatening the country’s northwest, officials said Saturday. The weather bureau raised storm warnings over …
AIR Worldwide’s analysis of Typhoon Botha’s [also named ‘Pablo,’ locally] impact on the Philippines indicates that as “insurance penetration in this area is around 10 percent to 20 percent; insured losses are not expected to be high as a result …
The death toll from the Philippines’ strongest typhoon this year rose on Wednesday to around 230, with hundreds missing in landslides and floodwaters, as the storm continued its destructive path across the island nation. Typhoon Bopha, with central winds of …
Thousands of villagers fled from their homes Monday as a strong typhoon roared closer to the southern Philippines, prompting authorities to suspend sea travel in high-risk areas and halt gold-mining in a mountain town notorious for deadly landslides. President Benigno …
Xchanging, the business process, procurement and technology services provider and integrator, has announced its intention to open new delivery centers at two locations in Asia. The service provider already operates in 11 locations in the Asia Pacific region (APAC) and …
A second tropical storm in as many weeks battered the northern Philippines on Wednesday, killing at least two people, as forecasters warned that the still-reeling capital could see more flooding. Meanwhile, President Benigno Aquino III scrambled to avert another crisis …
A new storm is dumping more rain in the flood-battered northern Philippines a week after nearly 100 people died in a monsoon deluge that submerged half of the sprawling capital city. Rescuers evacuated flood-prone areas in Manila’s suburban Quezon City …
Emergency workers and troops rushed food, water and clothes to nearly 850,000 people displaced and marooned from deadly floods spawned by 11 straight days of southwest monsoon rains that soaked the Philippine capital and nearby provinces. About 60 percent of …
According to catastrophe modeling firm AIR Worldwide, Typhoon Saola, the ninth typhoon of the Northwest Pacific storm season, made its first landfall early Thursday morning local time in Hualien, Taiwan. AIR noted that the storm has since “been downgraded to …
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