All the headlines from our China Topic Page, ordered by recency.
Oct 25 2013 // Munich Re, the world’s biggest reinsurer, said China will remain its biggest growth market in Asia as it considers countries such as India too unpredictable to step up investment.“Our biggest customers in China...
Oct 21 2013 // A Chinese drywall manufacturer asked a federal appeals court on Oct. 9 to overturn a judge’s ruling that U.S. courts have jurisdiction over claims that its defective product wrecked thousands of homes.A three-judge...
Oct 16 2013 // The new shipping route opened up through the Arctic by climate change will not be crowded any time soon.Cargoes of coal, diesel and gas have made the trip but high insurance costs, slow going and strict environmental rules...
Oct 11 2013 // A Chinese drywall manufacturer asked a federal appeals court on Oct. 9 to overturn a judge’s ruling that U.S. courts have jurisdiction over claims that its defective product wrecked thousands of homes.A three-judge...
Oct 11 2013 // China’s central bank will allow foreign businesses to invest in domestic financial firms using offshore yuan funding, it said on Thursday, as part of efforts to broaden the usage of the currency in cross-border...
Oct 11 2013 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” of China Reinsurance (Group) Corporation and its subsidiaries, China Property &...
Oct 9 2013 // Seven Virginia families fighting for compensation over Chinese drywall that wrecked their homes have their eyes on Louisiana this week, where a federal appeals court will hear arguments over whether the manufacturer of the...
Oct 9 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released its latest monthly Global Catastrophe Recap report for September, which tallied the economic costs for the month at...
Oct 8 2013 // Cooper Gay Asia Pte Ltd, the Asian arm of the global reinsurance and wholesale broker Cooper Gay Swett and Crawford (CGSC), announced the appointment of Julian Yu as Deputy Head of Treaty, Hong Kong, effective October...
Oct 7 2013 // The new Shanghai free trade zone should benefit property/casualty insurers, particularly those in marine/cargo and liability insurance, according to Moody’s Credit Outlook.On Sept. 29, the date that Shanghai’s...
Oct 7 2013 // Hundreds of thousands of people in southeast China were evacuated and fishing vessels called back to shore on Sunday because of an approaching typhoon, authorities said.Typhoon Fitow was expected to make landfall early...
Oct 7 2013 // Taiwan insurers have the financial capacity to invest at least $10 billion in overseas properties after the island’s government relaxed rules in April on real estate investments abroad, according to an industry...
Oct 6 2013 // Lloyd’s CEO Richard Ward is stepping down from the post at the end of the year. Despite the catastrophes of 2005 and 2011, the two costliest years in the industry’s history, as well as the financial crisis, he...
Sep 27 2013 // Stephen J.O. Catlin has led the company/group that bears his name since 1984. He’s seen it grow into the biggest syndicate at Lloyd’s with gross premiums written of $5.5 billion. He was the first to move the...
Sep 23 2013 // According to catastrophe modeling firm AIR Worldwide, Severe Typhoon Usagi, the 19th named storm to form in the Northwest Pacific this year, “made landfall near the city of Shanwei (150 kilometers [94 miles]...
Sep 20 2013 // AIR Worldwide’s latest report on Typhoon Usagi describes a “Category 3 storm with maximum sustained winds of 204 km/h [127.5 mph].” It is “expected to strengthen over the coming days and could...
Sep 19 2013 // European Union countries will agree next month to talks with China on a pact making it easier to do business, possibly paving the way for a free-trade deal between two of the world’s biggest markets, EU officials...
Sep 18 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of United Arab Emirates-based Emirates Insurance Company...
Sep 17 2013 // Computer security experts have discovered a group of highly sophisticated computer hackers operating for hire, a U.S computer security firm said on Tuesday, and it linked the group to some of the best-known cyber-espionoge...
Sep 11 2013 // The 57th Reinsurance Rendez-vous is winding down, and, while it’s been another successful networking opportunity for the re/insurance industry’s movers and shakers, most of the discussions have ended on a note...