All the headlines from our China Topic Page, ordered by recency.
Aug 22 2012 // Asia’s crude imports from Iran are set to recover in September to levels reached before a July 1 insurance ban by the European Union plunged trade with the Islamic Republic into uncertainty not seen in decades.Top...
Aug 22 2012 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit rating (ICR) to “aa-” from “a+” of Japan’s...
Aug 15 2012 // India has joined Japan in offering government-backed insurance for ships carrying Iranian crude in order to bypass European sanctions that have nearly halved Iranian oil exports to key markets.The first Indian ship to...
Aug 9 2012 // According to catastrophe modeling firm AIR Worldwide Typhoon Haikui, the 11th typhoon of 2012 Pacific season, made landfall in Hepu Township in Xiangshan County of China’s Zhejiang Province at 3:20 am local time...
Aug 8 2012 // According to catastrophe modeling firm AIR Worldwide, residents along coastal cities in eastern China are preparing for their third typhoon in less than a week. Just last weekend, two powerful typhoons—Damrey and...
Aug 8 2012 // The latest report on the world’s catastrophes from Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, highlights flooding in China that generated more than $8.3 billion in economic...
Aug 3 2012 // According to catastrophe modeling firm AIR Worldwide, Typhoon Saola, the ninth typhoon of the Northwest Pacific storm season, made its first landfall early Thursday morning local time in Hualien, Taiwan.AIR noted that the...
Jul 27 2012 // South Korea may soon resume Iranian crude imports after having completely halted shipments in July because of a European Union ban on insuring tankers carrying oil from the Islamic Republic.A resumption would suggest top...
Jul 26 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s and Lloyd’s Insurance...
Jul 24 2012 // China plans to double the amount insurers can invest in private equity and allow them to trade financial derivatives both at home and abroad as part of efforts to broaden their investment scope, according to a set of draft...
Jul 24 2012 // According to catastrophe modeling firm AIR Worldwide, on Saturday, July 21, a heavy storm in China delivered as much as 18 inches [45.72 cms] of precipitation to parts of the country in and near the capital of Beijing...
Jul 23 2012 // Global insurance companies are struggling to get a grip on their flood exposure in Asia nearly a year after one of the world’s costliest disasters hit Thailand, with executives fearing an even worse event may strike...
Jul 23 2012 // The heaviest rain to hit Beijing in six decades killed at least 10 people [latest reports put the death toll at 37] and left cars and buses submerged, and 10 other storm deaths [now at least 17] were reported elsewhere as...
Jul 18 2012 // Catastrophe risk modeling firm AIR Worldwide announced that China Property & Casualty Reinsurance Company Ltd. (CPCR) has licensed its typhoon, earthquake, and multiple-peril crop insurance models for China to better...
Jul 17 2012 // The International Monetary Fund has cut its forecast for global economic growth and warned that the outlook could dim further if policymakers in the euro zone do not act with enough force and speed to quell their...
Jul 12 2012 // Iran is shipping oil to China, its top buyer, despite a row over freight terms, and Japan has taken steps to resume imports in August as Tehran finds ways to get around Western sanctions on ship insurance for its...
Jul 11 2012 // It may be better to think of the outbreak of negative interest rates as simply another weapon in an ongoing and global low-grade currency war.It’s not that negative interest rates – under which investors pay...
Jul 9 2012 // The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC), a joint initiative of Guy Carpenter and City University of Hong Kong, has released its third annual report, which presents the findings of the 27 research...
Jul 2 2012 // Apple Inc. has paid $60 million to Proview Technology (Shenzhen) to end a dispute over the iPad trademark in China that saw the world’s most valuable technology company engaged in a protracted legal tussle with a...
Jul 2 2012 // Apple Inc. has paid $60 million to Proview Technology (Shenzhen) to end a dispute over the iPad trademark in China that saw the world’s most valuable technology company engaged in a protracted legal tussle with a...