Philippines tops 36 markets as the most economically exposed to intensified Nat CAT

Published on February 29, 2024
A new analysis of 36 countries/markets by Swiss Re Institute ranks the Philippines as the most economically exposed among them today, where hazard intensification is likely to occur due to climate
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Assured Guaranty sees net income increase in Q4 2023

February 28, 2024
Assured Guaranty, a financial guaranty insurer, has announced its financial results for the fourth quarter of 2023 reporting an increased net income of $376 million compared to the $94 million reported in the same period the year prior.According to the firm, this increase was primarily due to a $189 million benefit as a result of the establishment of a deferred tax asset related to a new Bermuda t

Hong Kong: Govt allocates nearly US$13m to promote sustainable development of financial services

February 29, 2024
The Hong Kong government will earmark HK$100m ($12.78m) to promote the sustainable development of financial services i the territory, according to Financial Secretary, Mr Paul Chan.