by AIP Online Bureau | Apr 6, 2025 | Eco/Invest/Demography, International News
In neighbouring Thailand, authorities said that country’s death toll from the quake had risen to 24. Of those, 17 died at the site of a skyscraper in the capital, Bangkok, that collapsed while under construction. A further 77 were still missing there. BANGKOK:...
by AIP Online Bureau | Mar 30, 2025 | Disaster & Management, Eco/Invest/Demography, International News
The initial 7.7-magnitude quake struck near the central Myanmar city of Mandalay early Friday afternoon, followed minutes later by a 6.7-magnitude aftershock. The tremors collapsed buildings, downed bridges and buckled roads, with mass destruction seen in the city of...
by AIP Online Bureau | Mar 28, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
This is a significant human tragedy. Unfortunately, there will be a notable protection gap highlighting the continuing need to bring more insurance capital into emerging markets. In comparison to primary perils such as typhoons and floods, earthquake risk in Thailand...
by AIP Online Bureau | Mar 4, 2025 | International News, Non-Life
The combined operations produced approximately $275 million in net premiums written in 2024 ZURICH: Chubb Limited on Monday announced agreements to acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam. The terms were not disclosed. The two...
by AIP Online Bureau | Dec 22, 2024 | Eco/Invest/Demography, International News, Non-Life
A move to sell Thailand and Vietnam would follow other previous disposals from Liberty Mutual globally Liberty Mutual Holding Co. is considering a sale of its businesses in Thailand and Vietnam as the US insurer seeks to streamline its operations, according to people...
