All the headlines from our Philippines Topic Page, ordered by recency.
Feb 1 2017 // JLT Re, the global provider of reinsurance broking and consultancy, announced the appointment of William Pang as managing director for JLT Re Philippines, subject to regulatory approval.Pang will be relocating to Manila in...
Dec 30 2016 // A top investigator into the electronic theft of $81 million from the Bangladesh central bank is turning his attention to some IT technicians from the bank whom he suspects hooked up its transactions system to the public...
Dec 28 2016 // The Philippine coast guard pressed its search Tuesday for 18 crewmen from a cargo ship that sank at the height of Typhoon Nock-Ten, which struck the country on Christmas Day.Coast guard spokesman Armand Balilo said 14...
Oct 20 2016 // More than 90,000 people were evacuated after Typhoon Haima left vast areas of the Philippines flooded and without electricity as the strongest storm to hit the nation this year heads toward China.Haima, a Category 5 super...
Oct 19 2016 // The Philippines raised the storm alert for two northern provinces to its highest level as authorities moved people to safer ground, canceled work and suspended flights before Super Typhoon Haima is due to make landfall as...
Oct 17 2016 // Typhoon Sarika made landfall in eastern Philippines on Sunday after leaving at least two people dead a day earlier, thousands of villagers displaced and hundreds of planes grounded.Locally named Karen, the typhoon weakened...
May 11 2016 // Investigators examining the theft of $81 million from Bangladesh’s central bank have uncovered evidence of three hacking groups — including two nation states — inside the bank’s network but say it...
Apr 29 2016 // Hackers are likely to get away with about $70 million of Bangladesh’s foreign reserves after a brazen cyber-attack against the South Asian nation, according to Finance Minister Abul Maal Abdul Muhith.The Philippines...
Apr 5 2016 // AXA Philippines announced it has completed the acquisition of Charter Ping An Insurance Co. for €40 million ($45.6 million) from GT Capital. The acquisition of CPA, the fifth largest non-life insurer in the Philippines,...
Mar 18 2016 // Bangladesh police launched a criminal investigation on Thursday into the cyber theft of $81 million from the central bank’s U.S. account but said it was too early to pinpoint any suspects.The money was transferred to...
Mar 16 2016 // A printer error first tipped off Bangladesh’s central bank to one of the biggest cyber heists in recent history, according to a complaint filed to police that provided new details on the attempted theft of nearly $1...
Dec 16 2015 // A report from catastrophe modeling firm AIR Worldwide, describes Super Typhoon Melor, known locally as Nona, as having struck the Philippines on Monday, December 14, 2015, at around 3:00 UTC (11:00 a.m. local time) near...
Nov 17 2015 // The Louisiana Department of Insurance is hosting insurance regulators from Saudi Arabia and the Philippines as part of the National Association of Insurance Commissioners (NAIC) International Fellows Program.First...
Nov 9 2015 // AXA Philippines announced it will acquire 100 percent of Charter Ping An Insurance Corp. from GT Capital for 45 million euros ($48.3 million).The acquisition will enable AXA Philippines to offer property & casualty...
Oct 20 2015 // A report from catastrophe modeling firm AIR Worldwide highlights “widespread flooding, landslides, wrecked roads and bridges, downed trees, and power outages” in the Philippines in the wake of Typhoon...
Oct 19 2015 // Typhoon Koppu left at least four people dead in the Philippines, shutting schools and government offices, while floods and landslides continue to threaten the nation’s main Luzon Island.The slow-moving and powerful...
Oct 16 2015 // Typhoon Koppu is gaining strength and looks likely to deliver heavy rainfall over parts of Luzon in the northern Philippines this weekend and early next week, which may trigger dangerous flooding and mudslides, according...
Oct 14 2015 // Tropical Storm Koppu, which formed Tuesday in the Pacific Ocean, is heading west in a direction that may bring it ashore in the northern Philippines later this week. The system is forecast to continue its track west...
Oct 12 2015 // As of the end of 2014 the worldwide property insurance market was worth $360.5 billion in gross written premiums with household (homeowners’) policies making up 54 percent of this total, according to a survey...
Jul 9 2015 // ACE Group announced the appointment of Peter van Ratingenas its new country president for its general insurance operation in the Philippines. He succeeds Daniel Daly, who will retire on July 31, 2015.In his role as country...