Standard & Poor’s has published a report on the Asia-Pacific non-life reinsurance market, which indicates that it “is experiencing a period of profitability following a decade of weak results due to under priced excess capacity.” “Over the past two years, …
Hurricane Fabian is still a class 4 storm, even though its maximum sustained winds have lessened somewhat to 135 mph (215 kph), according to the National Hurricane Center. In Southeast Asia another powerful storm, typhoon Dujuan, narrowly missed passing directly …
Standard & Poor’s Ratings Services has published a report on the Asia-Pacific nonlife reinsurance market, which indicates that it “is experiencing a period of profitability following a decade of weak results due to underpriced excess capacity.” “Over the past two …
Newark, Calif.-based Risk Management Solutions, a leading provider of products and services for the management of catastrophe risk, announced that it has provided the risk analysis for a securitization of insurance risk by the Taiwan Residential Earthquake Insurance Pool (TREIP). …
Fifty-three years ago, 13 young American women started something that seemed so small back then. They built it up and nurtured it with their spiked shoes and flat putters and today, what seemed like a novel idea more than half …
Edmund Tse, Senior Vice Chairman and Co-Chief Operating Officer of American International Group, and Clemente Cabello, CEO of Mexico’s Grupo Nacional have been named to the prestigious Insurance Hall of Fame by the International Insurance Society, Inc. They will be …
Transamerica Reinsurance announced that Jung-Hui (Jeffrey) Huang has been hired as Country Manager for Taiwan. He is responsible for business development in the country and oversees operations in the Reinsurance Service Center in Taipei. The bulletin described Huang as a …
A report from Dow Jones Newswire describes a new, wholly owned, P/C insurer established in Taiwan by Chang Hwa Commercial Bank, called CHB Insurance Brokerage Co. The DJ report indicated that the bank is seeking to expand its reach into …
Severe Acute Respiratory Syn-drome (SARS) has not, so far, threatened to be a repeat of the world’s last great pandemic—the “Spanish Flu” of 1918-19. Nor is it as lethal as malaria, which, according to the World Health Organization (WHO), kills …
Standard & Poor’s Ratings Services, in a new publication entitled “Taiwan Insurance Outlook 2003,” announced that it has revised its outlook on Taiwan’s nonlife insurance sector to stable from negative. It’s maintaining its negative outlook, however, on the island’s life …
