All the headlines from our China Topic Page, ordered by recency.
Jan 6 2010 // The Trustee for the WCI Chinese Drywall Trust has filed suit against 14 insurance companies in U.S. District Court, Eastern District of Louisiana, seeking indemnification for losses arising from claims for the development...
Dec 29 2009 // Munich Re’s CEO Nikolaus von Bomhard issued a statement on the reinsurer’s web site that left no doubt concerning the disappointment he (and the Group) feel following the failure of the UN’s Copenhagen...
Dec 29 2009 // When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city.After graduating from high school...
Dec 28 2009 // A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate source on board the vessel said.The De Xin Hai and its 25 crew were...
Dec 23 2009 // It’s a climate deal that has Europe feeling left out in the cold. The continent that used to take the lead in advocating climate action is now taking the lead in climate complaining. And it’s not just upset...
Dec 22 2009 // China condemned claims ascribed to Britain’s climate change minister that it had “hijacked” negotiations in Copenhagen (See IJ web site – ,...
Dec 21 2009 // British Environment Minister Ed Miliband has accused China, Sudan, Bolivia and other left-wing Latin American nations of having tried to hijack the U.N. climate summit to stop a deal, the Guardian reported on Monday.The...
Dec 21 2009 // U.N. climate talks ended with a bare-minimum agreement Saturday, Dec.19, when delegates “noted” an accord struck by the United States, China and other emerging powers that falls far short of the...
Dec 20 2009 // It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance...
Dec 17 2009 // Danish hosts revived climate talks on Thursday and Washington backed a $100 billion fund to aid poor countries, as world leaders gathered on the eve of a U.N. deadline to reach a deal to slow global warming.Environment...
Dec 10 2009 // An anlaysis from Allianz Insurance Management Asia Pacific concludes that regional GDP is expected to grow by 6.7 percent in 2010, with Asia contributing “almost 39 percent to next year’s global economic...
Dec 6 2009 // The controversy over drywall from China is heating up in Washington and in the Southeastern states most affected by the use of the product following the 2004 and 2005 hurricane seasons, including Louisiana.In a letter to...
Dec 6 2009 // While drywall-related corrosion is clearly evident, the CPSC said long term safety effects are still under investigation.The U.S. Consumer Product Safety Commission is now saying it has found a link between drywall made in...
Dec 6 2009 // Federal safety officials say they have discovered a strong link between drywall made in China and the home corrosion reported by thousands of U.S. property owners whose homes used the drywall.The results are from an indoor...
Dec 3 2009 // China and other big developing nations rejected core targets for a climate deal such as halving world greenhouse gas emissions by 2050 just five days before talks start in Copenhagen, diplomats said Wednesday.China, the...
Nov 24 2009 // Federal safety officials say they have discovered a strong link between drywall made in China and the home corrosion reported by thousands of U.S. property owners whose homes used the drywall.The results are from an indoor...
Nov 24 2009 // Louisiana Commissioner of Insurance Jim Donelon says homeowners whose properties are contaminated with defective Chinese drywall and who have been covered for more than three years by their homeowners insurer have the...
Nov 19 2009 // XL Capital Ltd. announced that it has received approval from the China Insurance Regulatory Commission (CIRC) to start preparation work to set up a P/C company in the country.Following the approval, XL has a year to...
Nov 18 2009 // Chubb Group recently co-hosted a seminar near Shanghai, which focused on the “increasing number of Chinese exports exposed to product liability claims and litigation in the United States and Europe.” As a...
Nov 18 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of South Korea’s Dongbu Insurance Company, Ltd., both with stable outlooks....