August 20, 2024
Crawford & Company, a claims management company, has announced the creation of a claims handling model designed specifically for Japanese-based insurers and companies with interests across Asia. In a press release, Crawford described the model, named Japan Connect, as a …
April 15, 2013
Coal-fired power generation in Asia and cattle ranching in South America are the most damaging businesses for nature with hidden costs that exceed the value of their production, a U.N.-backed report said on Monday. Global output of basic goods from …
September 10, 2012
Slowing economic growth across much of Asia has failed to crimp expansion plans by the region’s insurance companies, even as the rest of the financial industry slashes jobs. While banks and brokerages cut costs and jobs in Asia amid falling …
November 29, 2011
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 …
November 4, 2011
Insurer American International Group lost more than $4 billion in the third quarter, as its aircraft leasing unit took an impairment charge on a portion of its fleet and the fair value of the company’s one-third stake in Asian insurer …
October 25, 2011
A defunct German research satellite crashed into the Earth somewhere in Southeast Asia on Sunday, a U.S. scientist said – but no one is still quite sure where. Most parts of the minivan-sized ROSAT research satellite were expected to burn …
October 5, 2011
Seasonal monsoonal rains triggered significant flooding and landslide events throughout parts of Asia in September totaling nearly $7 billion in economic losses, with China, Thailand, India, Pakistan and Cambodia particularly affected, according to the latest edition of the Monthly Cat …