Asia faces $26trn infrastructure hole: ADB

Asia faces $26trn infrastructure hole: ADB

Asia faces $26trn infrastructure hole: ADB

Risk managers’ interest in mitigating the exposures in large infrastructure projects could be set to rise after the Asia Development Bank (ADB) warned that the emerging economies of Asia must double their spending on services ranging from transport to clean water and sanitation. The ADB’s report states that the 45 emerging economies of Asia must spend more than $26trn by…

APAC remains weakest point in global supply chain amid rising risks

APAC remains weakest point in global supply chain amid rising risks

APAC remains weakest point in global supply chain amid rising risks

Asia-Pacific remained the biggest contributor to supply chain risk in 2016 because of the region’s importance to global supply chains, according to latest analysis from Dun & Bradstreet, the US-based data and credit analysis firm. The firm notes that Asia-Pacific’s contribution to global risk fluctuated between 33.566 in the first quarter of last year and 33.168 in the final quarter. This compares…

Coface upbeat despite political uncertainties weighing on trade

Coface upbeat despite political uncertainties weighing on trade

Coface upbeat despite political uncertainties weighing on trade

The rise of populism in Europe, uncertainties around Brexit and US President Donald Trump’s protectionist policies are some of the main threats to the global economy in 2017, according to credit insurer Coface. However, the firm predicts improved global growth in 2017 and, for the first time since mid-2015, has awarded more country risk upgrades than downgrades. In a global…

Tianjin loss expected to rise as Guy Carp estimates $3.3bn toll

Tianjin loss expected to rise as Guy Carp estimates $3.3bn toll

Tianjin loss expected to rise as Guy Carp estimates $3.3bn toll

Three weeks on from the series of explosions that ripped through the Chinese port of Tianjin the extent of damage and disruption remains unclear, however Guy Carpenter has placed insured losses up to $3.3bn and ratings agencies suggest that the eventual toll will likely top the initial $1bn to $1.5bn figures released immediately after the blasts.