Aon plc, the London-based professional services firm, has launched an updated Thailand flood catastrophe model to improve understanding of this peril and help insurers build resilience for businesses and communities. Following the flood of 2011 that caused more than US$15 …
Floods in Thailand’s northern and eastern regions have killed at least 23 people and left two missing with damage estimated at around $300 million. Ten provinces have been flooded due to heavy rains, affecting 721,500 people, the Interior Ministry said …
AIA Group Ltd, Asia’s No.3 insurer, reported a 40 percent rise in value of new business for its fiscal full year and growth in Thailand despite last year’s devastating floods, surprising analysts and sending its shares up more than 3 …
HCC Insurance Holdings Inc., headquartered in Houston, has reported preliminary fourth quarter 2011 catastrophe losses, after reinsurance and reinstatement premium, of $10 million pretax ($6.5 million after-tax). These losses relate to flooding in Thailand and impacted the company’s property insurance …
The impact from Thailand floods on Asia’s production networks may last longer and be deeper than that from Japan’s March earthquake, tsunami and nuclear crisis, a senior Asian Development Bank official said on Tuesday. Iwan Azis, head of ADB’s Office …
Thailand battled to protect the capital Bangkok from being swamped by water on Friday, with canals full to the brim after devastating floods across the region that sources in neighbouring Myanmar said had killed at least 100 people there. After …
