July 19, 2019
The Philippines restricted pork imports from Germany, citing concerns about food safety in one of the world’s major shippers, as Asian countries battle to stop a deadly pig virus spreading. From July 2, the Philippines temporarily banned pork from German …
February 3, 2017
More than 100 workers, including three Japanese, were injured and at least three were missing in a fire that hit a huge factory south of Manila and sent thousands of employees running to safety, an official said Thursday. The fire …
February 1, 2017
JLT Re, the global provider of reinsurance broking and consultancy, announced the appointment of William Pang as managing director for JLT Re Philippines, subject to regulatory approval. Pang will be relocating to Manila in the first quarter of 2017. He …
October 19, 2016
The Philippines raised the storm alert for two northern provinces to its highest level as authorities moved people to safer ground, canceled work and suspended flights before Super Typhoon Haima is due to make landfall as soon as Wednesday night. …
October 17, 2016
Typhoon Sarika made landfall in eastern Philippines on Sunday after leaving at least two people dead a day earlier, thousands of villagers displaced and hundreds of planes grounded. Locally named Karen, the typhoon weakened after hitting the town of Baler, …
April 5, 2016
AXA Philippines announced it has completed the acquisition of Charter Ping An Insurance Co. for €40 million ($45.6 million) from GT Capital. The acquisition of CPA, the fifth largest non-life insurer in the Philippines, enables AXA Philippines to offer property …
March 18, 2016
Bangladesh police launched a criminal investigation on Thursday into the cyber theft of $81 million from the central bank’s U.S. account but said it was too early to pinpoint any suspects. The money was transferred to accounts in the Philippines, …
November 9, 2015
AXA Philippines announced it will acquire 100 percent of Charter Ping An Insurance Corp. from GT Capital for 45 million euros ($48.3 million). The acquisition will enable AXA Philippines to offer property & casualty insurance products, along with its current …
October 19, 2015
Typhoon Koppu left at least four people dead in the Philippines, shutting schools and government offices, while floods and landslides continue to threaten the nation’s main Luzon Island. The slow-moving and powerful storm caused a wall to collapse in Zambales …
July 9, 2015
ACE Group announced the appointment of Peter van Ratingenas its new country president for its general insurance operation in the Philippines. He succeeds Daniel Daly, who will retire on July 31, 2015. In his role as country president, van Ratingen …