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Finance & Markets

Claim Severity Is Outgrowing Small Trade Contractors

Prior to the last decade, it was common practice for insurance agents to suggest limits to insureds based largely on their company’s annual revenue. In today’s litigation and construction environment, however, revenue alone is no longer a reliable indicator of …

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Upgraded but underperforming: Philippines’ growth lags behind

The Philippines’ rise to upper-middle-income status was supposed to mark a new phase for one of Southeast Asia’s most closely watched emerging economies. Instead, analysts say the milestone has done little to shield the country from short-term pressures weighing on growth: sluggish public spending, delayed infrastructure, high living…

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