All the headlines from our Philippines Topic Page, ordered by recency.
Jan 7 2014 // In its annual review of loss events in the past year, Munich Re emphasized the “exceptionally high losses from weather-related catastrophes in Europe and Supertyphoon Haiyan,” which, the report said,...
Dec 6 2013 // The latest edition of Aon Benfield’s Impact Forecasting Global Catastrophe Recap report for November highlights the havoc caused by Super Typhoon Haiyan when it made landfall in the central Philippines as “one...
Nov 17 2013 // Super Typhoon Haiyan, one of the strongest storms to hit land, may cost insurers as much as $700 million in the Philippines, a fraction of estimated damage, because few people are covered, a catastrophe modeler said.Total...
Nov 13 2013 // This year is the seventh warmest since records began in 1850 with a trend to weather extremes and the impact of storms such as Typhoon Haiyan in the Philippines aggravated by rising sea levels, the World Meteorological...
Nov 13 2013 // Insured losses from weather-related events in Eastern Asia amount to only about 10 percent of the $700 billion in total losses accumulated over the last three decades, according to an analysis by Munich Re.According to the...
Nov 12 2013 // Destruction from Typhoon Haiyan, which flattened buildings and unleashed storm surges that may have killed 10,000 people, could be several times worse for the Philippines economy than superstorm Sandy was for the...
Nov 11 2013 // According to catastrophe modeling firm AIR Worldwide, in the three days since Super Typhoon Haiyan roared through the central Philippines, the scale of the devastation revealed in its wake continues to escalate.Preliminary...
Nov 10 2013 // Destruction from Super Typhoon Haiyan, the most powerful storm on record to strike the Philippines, shows the task facing President Benigno Aquino to curb the death toll in a country prone to natural disasters.The...
Nov 10 2013 // One of the most powerful storms ever recorded killed at least 10,000 people in the central Philippines, a senior police official said on Sunday, with huge waves sweeping away coastal villages and devastating one of the...
Nov 8 2013 // In its monthly Global Catastrophe Recap report Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, highlights the damage caused by Windstorm Christian as it moved across western and...
Nov 8 2013 // Catastrophe modeling firm AIR Worldwide issued a bulletin shortly before Super Typhoon Haiyan [known locally as Yolanda] came ashore across the central Philippines. As predicted the extremely powerful storm – the...
Nov 8 2013 // The strongest typhoon in the world this year and possibly the most powerful ever to hit land, battered the central Philippines on Friday, forcing millions of people to flee to safer ground, cutting power lines and blowing...
Oct 16 2013 // The Philippines froze prices for basic goods to prevent gouging in an area cut off by the country’s biggest earthquake in a year, as the death toll from the temblor rose to 107.Rescue crews were searching for...
Oct 15 2013 // According to catastrophe modeling firm AIR Worldwide Typhoon Nari, aka Santi, made landfall in the Philippines, “as of 18:50 October 11, 2013 UTC (2:50 October 12, 2013 PHT; 14:50 October 11, 2013 EDT), just south of...
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 6 2013 // August saw billion-dollar flood losses in China, Russia, Philippines and Pakistan, bringing an initial combined estimate of $10 billion in economic losses, Aon Benfield said in a report on natural disaster perils.According...
Aug 13 2013 // Catastrophe modeling firm AIR Worldwide reports that “Typhoon Utor slammed into the northern Philippine island of Luzon on Monday, August 12, at around 3:00 pm local time (7:00 UTC) with 10-minute sustained winds of...
Mar 28 2013 // A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘B++’ (Good) and an issuer credit rating of “bbb” to Bahrain’s Takaful International Company BSC (TIC),...
Jan 9 2013 // In its latest Global Catastrophe Recap report Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, focuses on Super Typhoon Bopha, which killed 1,901 people and injured 2,666 others...
Dec 10 2012 // A typhoon that had left the Philippines after killing nearly 600 people and leaving hundreds missing in the south has made a U-turn and is now threatening the country’s northwest, officials said Saturday.The weather...