Storm-Weary Philippines Forcibly Evacuates Thousands as Another Typhoon Hits November 12, 2024 By Jim Gomez A new typhoon barreled across an agricultural region in the northeastern Philippines on Monday after thousands were evacuated to safety...
Philippines Races to Limit Storm Damage as Trami Keeps Strength October 25, 2024 By Cliff Venzon and Manolo Serapio Jr. The Philippines is ramping up efforts to contain the devastation caused by severe tropical storm Trami, which has killed 25...
Parametric Insurance Helps Farmers and Others Hit Hard by Extreme Weather July 15, 2024 By Bill Spindle, Cipher News Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed...
Typhoon-Prone Philippines to Launch Insurance Plan for Infrastructure Losses March 30, 2023 By Manolo Serapio Jr. and Ditas Lopez The Philippines is readying an insurance plan that will protect the Southeast Asian nation from infrastructure losses caused by natural...
As Strongest Storm to Hit Philippines in 2021, Typhoon Rai ‘Exceeded All Predictions’ December 22, 2021 By Kanupriya Kapoor SINGAPORE – The rapid intensification that turned this week’s Typhoon Rai into the strongest storm to hit the Philippines this...
Typhoon Rai Leaves Trail of Destruction in Southeast Asia, Killing More Than 200 December 20, 2021 By Siegfrid Alegado and Yantoultra Ngui Severe weather disruptions hit Malaysia and the Philippines, leaving a trail of destruction among nations most prone to natural disasters....
Guy Carpenter Launches Probabilistic Philippines Flood Model May 12, 2020 Guy Carpenter & Co., the reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the launch of a new...
Philippines Taps Catastrophe Bonds to Help Pay for Natural Disasters November 25, 2019 By Siegfrid Alegado and Denise Wee The Philippines, among the world’s most disaster-prone nations, sold its maiden foreign-currency catastrophe-linked bonds to help cover costs of major...
Philippine Flooding Kills at Least 6, Displaces Many Thousands August 13, 2018 By Cecilia Yap At least six people died and tens of thousands fled their homes as monsoon rain triggered flooding in the Philippine...
Starr Int’l Insurance Philippines Branch Names Ex-Ambassador Cuisia as Chairman December 22, 2017 Starr Cos. announced the appointment of Ambassador Jose L. Cuisia Jr. as chairman of Starr International Insurance Philippines Branch, a...