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                    [Title] => Disasters cost $33-B global economic losses in H1
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Total economic losses from natural catastrophes worldwide amounted to $33 billion in the first half of the year, according to a study made by Swiss Re, one of the world’s leading insurance and reinsurance institutions.

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                    [Title] => Climate change impacts on sovereign rating
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Tokyo, Metro Manila and Hong Kong-Guangzhou are megacities that top the Asian list of most dangerous places to reside in the event of a major natural disaster like floods, earthquakes or storms.

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SWISS RE

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                    [Title] => Natural disasters cost $56 B worldwide
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                    [Title] => Phl life insurance premiums seen to grow 9.9% in 2013
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abtest

Turkey launches 2nd catastrophe bond

September 8, 2015 - 12:00am

The government-sponsored Turkish Catastrophe Insurance Pool (TCIP) – managed by Eureko Sigorta – provides homeowners with compulsory earthquake insurance.

Banking

Disasters cost $33-B global economic losses in H1

By Ted P. Torres | August 31, 2015 - 12:00am

Total economic losses from natural catastrophes worldwide amounted to $33 billion in the first half of the year, according to a study made by Swiss Re, one of the world’s leading insurance and reinsurance...

Business

Insurer rises above competition, catastrophes

By Ted P. Torres | August 10, 2015 - 10:00am

Despite strong competition and natural catastrophes, Standard Insurance Co. Inc. has managed to perform modestly through proper underwriting, intelligent pricing across all insurance lines, fast claims turn-around,...

Banking

Climate change impacts on sovereign rating

July 22, 2014 - 12:00am

Studies have indicated that that extreme weather fuelled by climate change may become a relevant factor affecting sovereign ratings of vulnerable countries such as the Philippines, not to mentioned reversals to economic...

Banking

Swiss firm says Manila 2nd 'riskiest city' in the world

By Cheryl M. Arcibal | March 27, 2014 - 12:41pm

 A Switzerland-based reinsurance company found Manila as the second riskiest city in the world among the 616 largest...

Headlines

Manila faces multi-hazard catastrophes

By Ted P. Torres | December 17, 2013 - 12:00am

Tokyo, Metro Manila and Hong Kong-Guangzhou are megacities that top the Asian list of most dangerous places to reside in the event of a major natural disaster like floods, earthquakes or storms.

Banking

Asian urbanization favors insurers

By Ted P. Torres | December 10, 2013 - 12:00am

The world’s urban population will grow by 1.4 billion to five billion by 2030, with 90 percent coming from emerging markets, based on a study by Swiss reinsurance Co. Ltd. (Swiss Re).

Banking

Insurers brace for more natural disasters

October 1, 2013 - 12:00am

People are aware that climate change will continue to stimulate more natural disasters, and that they want their respective government’s to do something about it.

Banking

Natural disasters cost $56 B worldwide

September 3, 2013 - 12:00am

Total economic losses from natural disasters worldwide reached $56 billion  in the first six months of 2013, based on initial data compiled by a prestigious global reinsurer.

Banking

Phl life insurance premiums seen to grow 9.9% in 2013

By Ted P. Torres | January 22, 2013 - 12:00am

The Swiss Re Group is forecasting that the Philippine life insurance will register a real premium growth of 9.9 percent this year, coming from an expected 19.3 percent in 2012.

Banking