Supertanker, Still on Fire, Towed From Sri Lanka Coast; No Signs of Oil Leak September 4, 2020 By Arjuna Ranuwana and Waruna Karunatilake Sri Lanka began towing a fully loaded supertanker that had caught fire off its east coast after it began drifting...
Allianz to Acquire Sri Lanka’s Janashakthi General Insurance for €85.9M February 2, 2018 Allianz announced it has entered into an agreement with Janashakthi Insurance PLC (JINS) to acquire 100 of its subsidiary Janashakthi...
Indonesia, Malaysia, Thailand, Sri Lanka Hit by Heavy Rains, Floods: AIR December 30, 2014 According to catastrophe modeling firm AIR Worldwide, the rains of the past week across Southeast Asia have been much higher...
Malaysian Floods Force Evacuation of 200,000 People; at Least 10 Dead December 29, 2014 By Liau Y-Sing Malaysia evacuated more than 200,000 people and increased relief efforts as the worst floods in decades left at least 10...
FACTBOX: 25 Ships and Crews Still Held by Somali Pirates December 28, 2010 Somali pirates have released the Marida Marguerite, a German-operated chemical tanker after receiving a $5.5 million ransom, the Kenya-based East...
ICC Survey Concludes Economy is Rebounding ‘at a Slower Pace’ August 18, 2010 The world economy continued its rebound from the worst recession in decades, according to the quarterly ICC/Ifo World Economic Survey...
7.8 Earthquake Rocks Indonesian Island of Sumatra April 7, 2010 A major earthquake of 7.8 magnitude shook the northwestern coast of the Indonesian island of Sumatra, the U.S. Geological Survey...
Political, Financial Risk Levels Continue High in 2010, Says Aon January 28, 2010 Political and financial instability remain a feature of the business landscape as a result of the recession, according to Aon...
World Bank Considering Post-war Political Risk Insurance December 7, 2009 By Peter Apps The World Bank is looking at a $100 million political risk insurance scheme for countries recovering from war to boost...
London: International Insurance Center October 5, 2009 Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers,...