Latest China Headlines
All the headlines from our China Topic Page, ordered by recency.
AIR to Collaborate with the Beijing Institute of Architectural Design
May 22 2007 // Boston-based AIR Worldwide Corporation announced that it will be collaborating with the Beijing Institute of Architectural Design (BIAD) in an effort “to better understand the vulnerability of buildings in...
The Courage to Compete
May 21 2007 // In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG...
Fraud Roundup
May 21 2007 // Ohio man sentenced to three years in workers’ fund scandal An investment marketer who pleaded guilty to conspiring to bribe a former official at the state’s insurance fund for injured workers was sentenced to...
Fraud Roundup
May 21 2007 // Ohio man sentenced to three years in workers’ fund scandal An investment marketer who pleaded guilty to conspiring to bribe a former official at the state’s insurance fund for injured workers was sentenced to...
Banks Of China’s Yangtze River at Risk of ‘Disastrous Collapse’
May 15 2007 // The banks of China’s massive Yangtze River, a lifeline for tens of millions of people, are at risk of collapse, a state-run newspaper reported Monday. The China Daily said a recent inspection showed that banks on...
AIR, China Earthquake Administration Team up to Find Faults
May 14 2007 // Boston-based AIR Worldwide Corporation announced a collaboration agreeement with the China Earthquake Administration’s (CEA) Institute of Geology to research active faults and conduct “paleoseismic...
Business Moves
May 7 2007 // Biron Agency Jane Biron Siviski has reactivated her former exclusive bond-only agency in Newington, Conn. Biron Siviski, owner of The J. Biron Agency Inc., announced that her company has separated from Sinclair Insurance...
Business Moves
May 7 2007 // Engle Martin, LMS Engle Martin & Associates, Inc., an Atlanta-based multi-line insurance claims administration and adjusting company, has acquired the specialty fraternal and not-for-profit services of Litigation...
IPCC Delegates Hammer Out Climate Change Report in Thailand
May 4 2007 // International delegates struggled into the night Thursday to agree on ways of cutting destructive greenhouse gas emissions-or face economic and environmental catastrophe caused by global warming. China has emerged as a key...
Developing Countries Want Assistance Offer Included in Climate Report
May 3 2007 // Developing countries are demanding that a key climate report being negotiated this week in the Thai capital recognize a troubling reality: they will be hit worse by a warming world and need plenty of help to deal with...
US, China Criticize Climate Change Action Study, as EU Calls for Action
May 2 2007 // The European Union called on developing countries Tuesday to take action to reduce greenhouse gases, as delegates worked to finalize a report detailing measures needed to save the planet. The draft report from the...
Kan. Pet Food Maker Sues Ingredient Supplier
Apr 30 2007 // A pet food manufacturer that recalled 60 million cans of its products last month has sued another company that it says supplied a contaminated ingredient. Menu Foods Midwest Corp. wants ChemNutra Inc., of Las Vegas, to pay...
Catlin Details Participation in LRCCL
Apr 18 2007 // A bulletin from the Bermuda-based Catlin Group Limited, whose operating companies also do business from the UK, the U.S. and Lloyd’s, notes that its Lloyd’s Syndicate 2003 “is one of the inaugural...
Assurex Assesses Asian Market Opportunities, ‘Pitfalls’
Apr 17 2007 // Assurex Global Partners assembled “more than 100” members “from six continents” at its annual Spring Partners’ Conference, held recently in Hong Kong, where they “discussed the...
Lloyd’s China Re Officially Opens
Apr 17 2007 // Lloyd’s announced the official opening of its Chinese reinsurance operations (See IJ web site April 3 and April 25, 2006) at a ceremony attended by “a host of dignitaries,” including Lloyd’s...
Best Issues China Rating Report
Apr 16 2007 // A.M. Best Co. has released its country risk report on China, classifying it as “Tier III.” It can be accessed at: www.ambest.com.hk/countryrisk. Best also announced: “Louise Julier, General Manager,...
Lloyd’s China Reinsurer Rated ‘A’ by S&P, Best and Fitch
Apr 3 2007 // The three major rating agencies, Standard & Poor’s, A.M. Best and Fitch Ratings, have all assigned “A” ratings (Fitch was actually ‘A+’) to Lloyd’s Reinsurance Co. (China) Ltd....
The Commissioners: John Morrison
Mar 26 2007 // Montana fights for uninsured, seeks catastrophe fund and captives The hallmarks of John Morrison’s legacy as Montana State Auditor, the Commissioner of Insurance and Securities, is to help provide more affordable...
Study Reveals Potential for $100 Billion Earthquake Loss in Beijing, China
Mar 16 2007 // Risk Management Solutions (RMS) announced the preliminary results of a study analyzing the impacts of the 1679 Sanhe-Pinggu Earthquake based on the 2007 population and property exposures of the Beijing, China area. The...
Insurance exec: China offers lessons in globalization for U.S. and world
Mar 12 2007 // C.V. Starr’s Greenberg on China’s economic revolution and making the world safer through globalization I am not going to talk about regulation, not yet. I will soon but it will not be today — real soon. I...
