Latest Philippines Headlines
All the headlines from our Philippines Topic Page, ordered by recency.
Rescuers Dig to Reach People Trapped by Philippines 6.9 Earthquake
Feb 7 2012 // Rescuers dug with picks and shovels trying to reach dozens of people trapped under houses collapsed by a strong earthquake Monday that shook a central Philippine island and set off landslides. At least 13 people were...
Flash Floods Kill More Than 530 in Philippines
Dec 19 2011 // As a storm that killed more than 530 in the southern Philippines raged outside the store where she works, Amor Limbago worriedly called home to check on her parents, but their cell phones just kept ringing and later went...
Typhoon Nesat Hits China after Pummeling Hong Kong
Sep 29 2011 // Typhoon Nesat hit Hainan Island in south China on Thursday after it swept past Hong Kong, closing financial markets, schools and most businesses in one of Asia’s largest financial centers. China recalled ships and...
AIR Analyzes Typhoon Nesat’s Impact on Philippines
Sep 28 2011 // According to catastrophe modeling firm AIR Worldwide, “Typhoon Nesat (known locally as ‘Pedring’) made landfall in the eastern Isabela and Aurora provinces on the Pacific coast of the Philippines at 18:21...
Huge Floods in Manila as Typhoon Nesat Hits Philippines
Sep 28 2011 // Manila residents waded through waist-deep floodwaters, dodging branches and flying debris Tuesday as a powerful typhoon sent surging waves as tall as palm trees crashing over seawalls and submerging entire...
8 Dead as Typhoon Nanmadol Slams Northern Philippines
Aug 29 2011 // Slow-moving Typhoon Nanmadol remained dangerous Sunday despite weakening as it struck the tip of the mountainous northern Philippines, leaving at least eight people dead and scuttling a visit by a U.S. Navy battleship...
Typhoon Muifa Drops Heavy Rains on Philippines; Moving to China
Aug 5 2011 // Catastrophe modeling firm AIR Worldwide is currently tracking Typhoon Muifa as it moves across the Pacific Ocean towards mainland China, after delivering heavy rain to the Philippines Tuesday and Wednesday. Muifa is...
Ratings Roundup: Topiary (Cat Bonds), Cardif, AMI, PhilNaRe
Mar 25 2011 // Standard & Poor’s Ratings Services said that its ‘BB+(sf)’ rating on Topiary Capital Ltd.’s Series 2008-1 notes will remain on CreditWatch, where it was placed on March 18, 2011, with negative...
Ratings Recap: Aegon, Grafton (Europe), AGA, Inbursa, Malayan
Feb 24 2011 // Standard & Poor’s Ratings Services has said that its ratings and outlook on Netherlands-based insurance holding company AEGON N.V. (‘A-‘/Negative/A-2) and its core insurance operating subsidiaries...
Southern China Braces for Super Typhoon Megi
Oct 21 2010 // Residents scrambled to stockpile food and authorities ordered ships to remain docked as southern China geared up Wednesday for a super typhoon after it killed 15 people and wiped out crops in the northern...
AIR Estimates Philippines Typhoon Insured Losses under $150 Million
Oct 19 2010 // Catastrophe modeling firm AIR Worldwide estimates that insured losses to onshore properties in the Philippines from Super Typhoon Megi will likely be less than 6.5 billion Philippine pesos ($150 million. AIR said its...
Ratings Recap: AIA/AIAB, SOVAG, Coface, PhilNaRe, Generali Rueck
Mar 2 2010 // Standard & Poor’s Ratings Services has placed its ‘A+’ counterparty credit and financial strength ratings on American International Assurance Co. Ltd. (AIA) and American International Assurance Co....
At Least 14 Reported Dead as Typhoon Mirinae Lashes Philippines
Nov 2 2009 // Typhoon Mirinae has battered the Philippine capital and surrounding provinces, still reeling from recent flooding, killing at least 14 people [IJ Note — later reports have increased the death toll to 24] and...
AIR Tracking Typhoon Mirinae; Could Hit Northern Philippines Today
Oct 30 2009 // According to catastrophe risk modeling firm AIR Worldwide, a major tropical cyclone is threatening the northern Philippines for the fourth time in the past month. AIR rported that Typhoon Mirinae is expected to make...
Typhoon Lupit on Course to Hit Philippines; Rick Continues to Weaken
Oct 21 2009 // Catastrophe risk modeling firm AIR Worldwide warns that the Philippines are bracing for the arrival of Typhoon Lupit. The storm is located about 800 kms (500 miles) east of northern Luzon island and is moving west at...
Third Typhoon Threatens Philippines
Oct 19 2009 // The Philippines, already devastated by deadly floods from two recent tropical cyclones, is bracing for yet a third storm, as typhoon Lupit approaches the island chain. The most recent bulletin from catastrophe modeler Risk...
Typhoon Heads to Japan, Storm Stalls Over Philippines
Oct 6 2009 // Tropical storm Parma stalled for two days off northwestern Philippines, was slowly heading toward the country’s tobacco-producing region on Tuesday, after killing at least 22 people. Right behind it is Typhoon Melor,...
Corporate Fraud Scandals Can Detonate Anywhere
Jan 9 2009 // When it comes to corporate fraud scandals, nowhere is safe. Revelations of a $1 billion fraud at Indian IT firm Satyam Computer Services do not point to a higher systemic risk of accounting scandals in India, or even in...
Somali Strategy Could Spur Asian Pirate Attacks
Nov 19 2008 // In high seas and heavy rain, the supertanker Kasagisan was steaming through the Malacca Strait in February when it was suddenly surrounded by six small boats. The crew of the vessel, heading from Saudi Arabia to Japan with...
Insurers Settle Lawsuits over Philippines Crash for $165M
Mar 19 2008 // Insurance companies have agreed to pay $165 million (euro104.63 million) to settle lawsuits brought by relatives of those killed in a 2000 plane crash in the Philippines, lawyers for the families said. The families of...
