shutterstock_1612778911

28 January 2020Insurance

Taal Volcano eruption has modest impact on insurance market

The agricultural sector bore the brunt of the damage from the Taal Volcano, which erupted on Luzon island, in the Philippines, on January 13, 2020, according to Chris Lim, financial analyst at AM Best, who said the sector employs nearly 40 percent of the country's total labour force.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Chubb, Fidelis set back on bid for quick Russia aircraft recoup

15 May 2026 Contingent war risk carriers sound right, but have a place closer to the back of the line.

Well-behaved UK buyers benefit from soft pricing across the board: Gallagher

15 May 2026 Plentiful capacity sees insurers open to more flexibility, says broker.

Moody’s executive James Eck dies unexpectedly aged 55

15 May 2026 Eck was travelling for business when he died unexpectedly of a heart attack.

More articles

Chubb, Fidelis set back on bid for quick Russia aircraft recoup

US transportation reinsurance to tighten, rates to rise after landmark Supreme Court ruling

Well-behaved UK buyers benefit from soft pricing across the board: Gallagher

Moody’s executive James Eck dies unexpectedly aged 55

Iran war impact won’t touch Lloyd’s of London £50bn capital reserves, says Turk

Marine war, systemic cyber, a widening gap between lead and follow: Pelagos

Markel expands professional liability with media and entertainment coverage

Lloyd’s warns syndicates on happy-go-lucky downhill market ride

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze