France’s AXA Group has appointed Philippe Donnet to the position of AXA Group Regional CEO – based in Singapore – to oversee AXA’s principal insurance businesses in the Japan & Asia-Pacific region, effective October 1. The appointment confirms AXA’s intention …
The powerful London-based Lloyds insurance market said it has removed the Malacca Straits from its list of sea lanes with a war risk rating following an improvement in security. Lloyds Market Association said the decision by the Joint War Committee …
Indonesia plans to build elevated safety zones in low-lying coastal areas to help reduce casualties in the event of another tsunami, a government official said. Concrete walls or artificial hills will be created in resort areas on the islands of …
Southeast Asian foreign ministers this week issued an urgent call to set up disaster alert systems in the region, shaken by Indonesia’s failure to give advance warning of a tsunami last week that killed at least 600 people. Foreign ministers …
The Doha Round at the World Trade Organization has been a serious failure for the insurance sector, despite strong efforts by many parties. Instead of increasing the consensus for free trade, the Round has served to divide the developed countries, …
The Doha Round at the World Trade Organization has been a serious failure for the insurance sector, despite strong efforts by many parties. Instead of increasing the consensus for free trade, the Round has served to divide the developed countries, …
An earthquake with a preliminary magnitude of 6.1 struck off Indonesia’s Sulawesi island on Sunday, causing residents to flee coastal areas in fear of a tsunami. Indonesian officials — who have been under fire for failing to warn people ahead …
American International Group, Inc. is donating $1 million to support relief efforts in the areas affected by the May 27 earthquake in Indonesia. President and CEO Martin J. Sullivan explained: “The earthquake in Indonesia has left hundreds of thousands homeless …
Indonesia averaged one human bird flu death every 21/2 days in May, putting it on pace to soon surpass Vietnam as the world’s hardest-hit country. The latest death was a 15-year-old boy whose preliminary tests were positive for the H5N1 …
More than 4900 people have now been confirmed dead following the massive earthquake that hit the Indonesia Island of Java on Saturday, May 27, around 6:00 in the morning local time. More than 20,000 have been injured, and an estimated …
