Latest Asia Headlines
All the headlines from our Asia Topic Page, ordered by recency.
The Asian Catastrophe: An Unprecedented Event Evokes a Global Response
Jan 24 2005 // Certain events mark each generation, but as the scope of the disaster that struck 12 countries around the Indian Ocean on Dec. 26 emerges, it has become evident that it will haunt not just the present generation, but many...
SE Asia Death Toll Tops 220,000
Jan 20 2005 // More than three weeks after the devastating tsunamis struck 12 countries bordering the Indian Ocean, the death toll continues to rise, as hope for the missing fades. Indonesian officials announced that more than 166,000...
Crawford & Co., GAB Robins Adjusters See Tsunami Destruction Up Close
Jan 17 2005 // While the official death toll may never be known, the reaction to last month’s killer earthquake and tsunamis in Southeast Asia continues. Insurance Journal recently spoke with several individuals whose companies...
Southeast Asia Tsunami Caused Havoc on Marine Fisheries, Aquaculture Infrastructure
Jan 13 2005 // The tsunami waves have had a devastating impact on the fisheries sector in many countries of the Indian Ocean, the Food and Agriculture Organization of the United Nations (FAO) said Thursday. In Sri Lanka, more than 7,500...
Swiss Re Announces Aid Measures for SE Asia
Jan 10 2005 // Swiss Re announced that both the company and its employees “are actively supporting the relief initiatives to help the victims of the seaquake tragedy in the Indian Ocean and to aid the rebuilding of the worst hit...
AXA Announces SE Asia Relief Effort; Will Match Employee Donations to $1.35 Million
Jan 5 2005 // France’s AXA Group has announced plans to aid the victims of the tsunamis that struck Southeast Asia. “Faced with the scale of human tragedy that has impacted the countries of Southeast Asia in the wake of the...
Zurich to Provide Up to $2 Million in SE Asia Aid
Jan 5 2005 // The Zurich Financial Services Group announced that it will provide up to $2 million to countries in Southeast Asia affected by the tsunami catastrophe. Zurich said the sum “will consist of a donation of $1 million....
DKI Backs ARC Efforts in Southeast Asia
Dec 31 2004 // Illinois-based Disaster Kleenup International Inc., a network of quality, independent property damage restoration contractors, announced that it has provided a means for individuals and companies to donate funds to the...
Lloyd’s Statement on Asian Tidal Waves
Dec 31 2004 // Lloyd’s has issued a bulletin expressing the London market’s solidarity with the victims of the Indian Ocean tidal waves, stating: “Our thoughts are with the people who have been affected by this tragedy....
World Responds to Asia’s Aid Call
Dec 31 2004 // Just as the disaster that struck 12 countries around the Indian Ocean was unprecedented, so too has been the response from around the world to the calls for help. Private citizens, companies and the World Bank have already...
ACE Issues Statement on Asian Disaster; Will Match Employee Aid Contributions
Dec 31 2004 // Evan Greenberg, president and CEO of Bermuda-based ACE Limited, has issued a statement on the earthquake and tsunamis that struck Southeast Asia, and the measures the company has initiated to help the victims “The...
Search for Missing Americans Continues in Southeast Asia; 12 Confirmed Dead
Dec 30 2004 // While the death toll approached 120,000 on Thursday in the wake of the devastating earthquake and tsunamis that hit Southeast Asia on Sunday, The U.S. State Department continues its efforts to find thousands of Americans...
Worldwide Response to Asia’s Agony; Calls for Donations
Dec 30 2004 // As the scope of the disaster that struck 11 countries in the Indian Ocean continues to emerge, the world’s nations are beginning to gear up for what will undoubtedly be the largest collective relief effort ever...
Crawford & Co. Mobilizes Catastrophe Team To Southeast Asia
Dec 29 2004 // Atlanta-based Crawford & Co., an independent provider of claims management services, has mobilized a catastrophe team in response to the Dec. 26 tsunami that devastated Southeast Asia. The company is an independent...
Fitch Sees Tsunami Repercussions Varying Across Insurance Sector
Dec 29 2004 // Fitch Ratings has issued a bulletin indicating that it “expects insured losses stemming from the recent Southeast Asian earthquake and tsunami to affect the Asian primary insurance market and the worldwide...
President Bush Tells Asian Leaders U.S. is Committed to Helping in Wake of Devastation
Dec 29 2004 // President George W. Bush told Asian leaders that the United States is committed to helping their countries following Sunday’s earthquake and killer tsunamis that have killed more than 60,000 people. The following is...
Aviva to Sell Asian P/C Business to Mitsui Sumitomo
Sep 7 2004 // The U.K.’s Aviva (ex-CGNU) has agreed to sell its Asian non-life business to Japan’s second largest general insurer (after Tokio Marine) Mitsui Sumitomo Insurance Co Ltd. (MSI), for £249 million ($443...
ACE Announces Japan, N.Z. Management Changes
Aug 31 2004 // ACE Overseas General, the non-U.S. insurance operations of The ACE Group of Companies, announced from Bermuda that Neil C. Smith has been appointed as President of ACE Far East. He succeeds Scott Pickering, who has been...
Zurich’s Emerging Markets Unit Adds Marketing Manager in Hong Kong
Aug 27 2004 // Zurich announced that Susan Yee has joined its business unit providing insurance and risk management solutions in emerging markets as marketing manager in Hong Kong. She will be responsible for marketing and underwriting...
Allianz Appoints Bowers New Asia CEO
Aug 11 2004 // Germany’s Allianz announced that Bruce Bowers has been appointed CEO of Allianz Insurance Management Asia Pacific Pt. Ltd., based in Singapore, with effect from September 1, 2004. He will succeed Alan Wilson who has...
