Are you the publisher? Claim or contact us about this channel


Embed this content in your HTML

Search

Report adult content:

click to rate:

Account: (login)

More Channels


Showcase


Channel Catalog


Channel Description:

Visit One News Page for Marine news from around the world, aggregated from leading sources including newswires, newspapers and broadcast media. Search millions of archived news headlines. This feed provides the Marine news headlines.

older | 1 | .... | 1438 | 1439 | (Page 1440) | 1441 | 1442 | .... | 1489 | newer

    0 0

    Washington pretends that the melting of the Arctic ice opens up new horizons for USA's military competition with Russia and China. However, the United States is not ready to pass a milestone like this. The United States could not help but notice Russia's growing military presence in the Arctic. Given the fact that the Americans take a strategic position in the region by controlling the Bering Strait, the prospect to cause even more trouble to Russia looks attractive. "Certainly America's got to up its game in the Arctic. There's no doubt about that. ... It's cited as an area of concern with our national security strategy," US Secretary of Defence Jim Mattis acknowledged during his visit to Alaska in June of 2018. Who aspires to be in the Arctic? The agreement from 1920 divides Arctic waters between the USSR, Norway, Denmark, the USA and Canada into five sectors. The situation in the Arctic is governed by the Arctic Council. Russia owns more than a half of all unexplored reserves of oil and gas in the region. Russia can also  quickly launch offshore exploration and production. These interests need protection, and Russia has been protecting them lately quite successfully. China is actively involved in the development of the Arctic as well. Beijing hopes to profit from  a shorter route to the Atlantic via the Northern Sea Route than via the Suez Canal. This route has been in use lately in connection with the melting of the Arctic ice. China is a member of the Arctic Council; the country strives for the international status for the region, as with Antarctica.Journalist Dan Lamothe penned an article for Stars and Stripes website, in which he describes his experience of staying in the strategic town of Unalaska in the Aleutian Archipelago of Alaska."Army helicopters began flying in and out of the scraggily wilderness near this fishing town in August, surprising even the mayor," the author wrote. The helicopters were testing new radar sensors, known as the North Warning System. The system ensures navigation over water and landing in mountainous areas. That is all Lamothe had to say about the activities of the Pentagon in the region, let alone the voyage of the USS Harry Truman above the Arctic Circle in October - for the first time since the end of the Cold War. "Russia, on their side of the Arctic in sort of the Northern Sea Route, is investing heavily in commercial infrastructure and in military infrastructure," Lamothe quoted Vice Adm. Linda Fagan, who oversees Coast Guard operations in the Arctic and Pacific. "Russia has more than 40 icebreakers - the U.S. military has two working ones - and stationed more troops in the region," Dam Lamothe also noted in the article. In accordance with the new national defence strategy of the Pentagon, the plan to counter Russia and China in the Arctic stipulates for the deployment of more fighters in Alaska, expansion of military partnerships with northern countries and developing a new class of military icebreaking vessels.Indeed, US Congress has recently approved the financing of the project for the construction of six new polar icebreakers. However, the ships are to enter service only in five or six years. US Air Force plans to deploy two squadrons of advanced F-35A fighter jets in Alaska by 2022 to complement two squadrons of F-22 Raptor jets. "When the wind is blowing at freakin' 30 miles per hour, it's dark 24-7, and it's minus-20 degrees Fahrenheit, and you've got to put your gear in your pack, get out of your rack, get out of your sleeping bag, get outside the tent and go do something - everything is hard," the article quotes Col. John Carroll, the deputy commander of Marine Corps Forces Europe. "The town processes the largest volume of commercial fishing in the United States each year, with the company UniSea operating hotels, bunkhouses and bars there. ... Unalaska ... has struggled with unemployment, alcoholism and bar fights," the author concludes hoping that the arrival of US troops in the area would liven up the town. USA is not an Arctic power First Rank Captain Mikhail Nenashev, chairman of the All-Russian Movement for Fleet Support, told Pravda.Ru, that the United States is not an Arctic state. The USA is involved in the Arctic region only thanks to Alaska. For us, this is not a question of chess - this is a natural habitat. We've been living here for more than a thousand years, and the Arctic has always been a basis of life for us. We need to develop the Arctic region as hard as we can. For Russia, the development of the Arctic region stands for the development of territory - this is not an issue of military rivalry with anyone," Mr. Nenashev told Pravda.Ru. Reported by PRAVDA 20 hours ago.

    0 0

    Miami officials are hoping to restore the decaying Marine Stadium back to its former glory as a world-class venue for concerts, rallies and speedboat races Reported by Newsday 20 hours ago.

    0 0

    KEMP, Texas, Nov. 23, 2018 (GLOBE NEWSWIRE) -- Larson Electronics, a Texas-based company with over 40 years of experience spearheading the industrial lighting and power equipment sectors, announced the release of a portable 15 KVA hazardous location power distribution system rated for Class I, Division 2 areas. This unit allows operators to power a 240V and 120V equipment from a single system and is designed for indoor and outdoor locations.The EP-MPD-480.1P-15KVA-1X240.30-6X120.20-3P4W* *portable power distribution system features a primary side that allows operators to connect 480V line-in power via 10 feet of #8 SOOW cord. This unit converts 480V single-phase power to 120/240V single-phase and passes current to the secondary panel where operators can connect to one, 30-amp, 240V pin/sleeve explosion proof receptacle for 240V equipment, and to six, 20-amp, 120V explosion proof receptacles for 120V equipment. The receptacles are mounted on an aluminum back plate and equipped with weatherproof covers.

    This hazardous location power transformer features heavy duty construction with a transformer and load assembly mounted on a non-sparking aluminum mounting platform. The load center/distribution assembly is mounted to a standard 2” x 2” non-sparking aluminum tubing frame. This unit features forklift skid pockets, non-sparking locking casters and four top-located lifting eyelets on each corner.

    This NEMA 3R rated transformer is certified to UL 1640 and is grounded to the frame with a grounding lug on the frame provided. This portable power distribution system is suitable for indoor and outdoor use in hazardous locations such as shipyards, plant maintenance areas and construction sites.

    *About Larson Electronics LLC: *Larson Electronics LLC is a manufacturer of industrial lighting equipment and accessories. The company offers an extensive catalog of industry-grade lighting and power distribution products for the following sectors: manufacturing, construction, food processing, oil and gas, military, marine and automobile. Customers can benefit from the company’s hands-on, customized approach to lighting solutions. Larson Electronics provides expedited service for quotes, customer support and shipments.

    *For further information, please contact:
    *Rob Bresnahan, President and CEO
    Toll-free: 1-888-351-2363
    Int’l: 214-616-6180
    Fax: 903-498-3364
    E-mail: sales@larsonelectronics.com

    Photos accompanying this announcement are available at
    http://www.globenewswire.com/NewsRoom/AttachmentNg/336210c1-d2c5-4be0-8d10-538317c070b0
    http://www.globenewswire.com/NewsRoom/AttachmentNg/a653978d-2e0e-401d-bc2f-b8106769b4b2
    http://www.globenewswire.com/NewsRoom/AttachmentNg/51af00f5-c72a-4d88-8c5b-21f75ee396e9
    http://www.globenewswire.com/NewsRoom/AttachmentNg/c2d702c6-7c1b-4e14-9115-fd5b356cc1f1 Reported by GlobeNewswire 20 hours ago.

    0 0

    NZ's largest marine insurer abandons multi-million dollar yacht insurance New Zealand's largest marine insurer has judged it no longer worth the risk covering multimillion-dollar boats in Auckland's Viaduct Marina, as the hazardous construction site of the Park Hyatt hotel looms metres away.NZI customers... Reported by New Zealand Herald 20 hours ago.

    0 0
  • 11/23/18--09:21: Ship traffic, November 26
  • Ship traffic Due to arrive today SHIP FROM PORT APL Danube Los Angeles OAK CMA CGM A Lincoln Los Angeles OAK Columbia Highway Long Beach RCH Cosco Boston Los Angeles OAK Gunvor Maersk Los Angeles OAK Hamburg Bridge Los Angeles OAK Mahimahi Seattle OAK Seoul Express Tauranga, New Zealand OAK Due to depart today SHIP TO PORT Duesseldorf Express Seattle OAK Harvest Leader Port Hueneme, Los Angeles County RCH Heijin Toyohashi, Japan BNC Hyundai Jakarta Busan, South Korea OAK Luminous Ace Port Unknown RCH NYK Rigel Seattle OAK NYK Romulus Los Angeles OAK YM mandate Keelung, Taiwan OAK Source: S.F. Marine Exchange Reported by SFGate 19 hours ago.

    0 0
  • 11/23/18--09:21: Ship traffic, November 25
  • Ship traffic Due to arrive today SHIP FROM PORT Bosporus Highway Yokohama, Japan BNC Cepheus Ocean Taizhou, China SCK Duesseldorf Express Long Beach OAK Harvest Leader Vancouver, Wash. RCH Heijin Long Beach BNC Luminous Ace Portland RCH NYK Rigel Los Angeles OAK NYK Romulus Vancouver, B.C. OAK Orca Ace Long Beach SFO YM Mandate Los Angeles OAK Due to depart today SHIP TO PORT Ever Liberal Tokyo OAK Orca Ace Port Unknown SFO Source: S.F. Marine Exchange Reported by SFGate 19 hours ago.

    0 0
  • 11/23/18--09:21: Ship traffic, November 24
  • Ship traffic Due to arrive today SHIP FROM PORT Ever Liberal Los Angeles OAK Hyundai Jakarta Long Beach OAK MSC Caterina Tacoma, Wash. OAK Queen Asia Onahama, Japan SCK Due to depart today SHIP TO PORT ANL Tongala Long Beach OAK Cosco Italy Xingang, China OAK Daedalus Leader Grays Harbor, Wash. BNC Ever Eagle Tacoma OAK Maersk Eureka Vostochnyy, Russia OAK MSC Caterina Port Unknown OAK MSC Silvia Port Unknown OAK NYK Athena Busan, South Korea OAK President FD Roosevelt Yokohama, Japan OAK Source: S.F. Marine Exchange Reported by SFGate 19 hours ago.

    0 0

    KEMP, Texas, Nov. 23, 2018 (GLOBE NEWSWIRE) -- Larson Electronics, a Texas-based company with over 40 years of experience spearheading the industrial lighting sector, announced the release of a danger alert system with 10 red LED flashing strobe lights with two, three-way wall switches. This unit operates on 110-120V AC and is rated Class I with waterproof and shock-resistant LEDs. This danger alert system is equipped with the brightest intensity LED lights to alert patrons in small schools, churches and businesses of an active shooter or other dangerous situation.The LLP-WS-STRB-110V-10XLEDB-2X3WS danger alert system contains 10 LED lamps that produce 360˚ of brilliant red light without dark spots or uneven illumination like traditional incandescent lights do. Each LED beacon draws 2.2 amps on 120 volts and produce a highly visible flash of four joules. This Class I rated danger alert system provides the brightest intensity possible, ensuring the flashes will be seen when quick action needs to be taken to secure classrooms or move to a safer location.

    Each waterproof LED beacon is equipped with an aluminum base that can be mounted to any flat surface and is protected by a polycarbonate lens with a waterproof and shock resistant housing for reliable and durable operation. Each LED provides operators access to two, three-way wall switches for control and easy wiring of the entire system and three pre-drilled holes for permanent mounting.

    *About Larson Electronics LLC: *Larson Electronics LLC is a manufacturer of industrial lighting equipment and accessories. The company offers an extensive catalog of industry-grade lighting and power distribution products for the following sectors: manufacturing, construction, food processing, oil and gas, military, marine and automobile. Customers can benefit from the company’s hands-on, customized approach to lighting solutions. Larson Electronics provides expedited service for quotes, customer support and shipments.

    *For further information, please contact:
    *Rob Bresnahan, President and CEO
    Toll-free: 1-888-351-2363
    Int’l: 214-616-6180
    Fax: 903-498-3364
    E-mail: sales@larsonelectronics.com

    A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d47e7d82-6ed7-4daa-ad9d-23ecafc114d2 Reported by GlobeNewswire 16 hours ago.

    0 0

    A study by Marine Mammal researchers reveals that dolphins can cooperate and perform tasks together. (Nov. 23)

     
     
     
     
     
     
      Reported by USATODAY.com 16 hours ago.

    0 0

    The kind gesture which brought this war hero 'facing life on the streets' to tears A royal marine who was hounded by the MOD for £750 said the gesture "restored his faith in humanity". Reported by Hull Daily Mail 7 hours ago.

    0 0

    Police firing tear gas and using water cannon clashed with protesters in Paris who are angry over rising fuel costs and President Emmanuel Macron's economic policies, the second weekend of "yellow vest" protests across France.A trailer was set on fire and exploded on the Champs Elysees and a man who tried to attack fire fighters was overpowered by some of the demonstrators themselves.

    On the nearby Avenue de Friedland, police fired special rubber balls to control demonstrators. At least 18 people had been detained so far, police said.Around 5,000 protesters had converged on the Champs Elysees where police tried to to prevent them from reaching the president's Elysee Palace nearby.Protesters sang the national anthem and waved French flags while others carried signs with slogans saying "Macron, resignation" and "Macron, thief".

    Interior Minister Christophe Castaner accused far-right leader Marine Le Pen of fanning the protests."The ultra-right is mobilised and is building barricades on the Champs Elysees. They are progressively being neutralised and pushed back by police," he said.In a message on Twitter, Le Pen said she had questioned why no protests were being allowed in the area.

    "Today Mr Castaner is using this to target me. This is low and dishonest" she said.Protesters are opposed to taxes Macron introduced last year on diesel and petrol which are designed to encourage people to shift to more environmentally friendly transport. Alongside the tax, the government has offered incentives to buy green or electric vehicles.

    For more than a week, protesters clad in the fluorescent yellow jackets that all motorists in France must have in their cars have blocked highways across the country with burning barricades and convoys of slow-moving trucks, obstructing access to fuel depots, shopping centres and some factories.

    CHALLENGE FOR MACRON

    Last Saturday, when nearly 300,000 people took part in the first yellow vest demonstrations countrywide, retailers' daily revenue fell 35 percent, according to consumer groups.By midday there were nearly 44,000 demonstrators involved in 948 protests and 516 blockades across France, a police union source said.Demonstrators were blocking access to shopping malls in Bollene and Carpentras in Southern France while in Dole, in eastern France, a man carrying a weapon was overpowered on a roundabout occupied by demonstrators.

    The unrest is a dilemma for Macron who casts himself as a champion against climate change but has been derided as out of touch with common folk and is fighting a slump in popularity.Despite calls for calm from the government, the yellow vest protests have spread to French territories abroad, including the Indian Ocean island of Reunion, where cars were set on fire.While the movement, which has no leader, began as a backlash against higher fuel prices, it has tapped into broader frustration at the sense of a squeeze on household spending power under Macron's 18-month-old government.

    Since coming to power, Macron has seen off trade union and street demonstrations against his changes to the labour rules, and overhauled the heavily indebted state rail operator. Foreign investors have largely cheered his pro-business administration.But political foes have dismissed him as the "president of the rich" for ending a wealth tax, and voters appear to be growing restless, with the 40-year-old president's popularity slumped at barely 20 percent.

    Article Type: 
    Report
    Sections: 
    World
    Agencies: 
    Reuters
    Tags: 
    Emmanuel Macron
    christophe castaner
    Marine Le Pen
    PARIS
    Yellow vest
    fuel price
    Sat, 24 Nov 2018-08:20pm
    Date updated: 
    Saturday, 24 November 2018 - 8:20pm
    Article Images: 
    Reuters
    Short URL: 
    dnai.in/fMkh
    Embargo: 
    Syndicate: 
    Hide lead image: 
    Page views: 
    1
    From Print Edition: 
    Highlights:  Reported by DNA 22 hours ago.

    0 0

    Since September, 13 California sea lions have been reported, with six confirmed to have been shot, according to Seal Sitters, a volunteer group that responds to reports of stranded or dead marine mammals Reported by Seattle Times 22 hours ago.

    0 0

    PARIS (AP) — The Latest on protests in France (all times local):2:35 p.m.French Interior Minister Christophe Castaner has accused the far right of encouraging acts of violence and clashes with police in Paris.Marine Le Pen,... Reported by New Zealand Herald 23 hours ago.

    0 0

    Former Royal Marine opens new gym opens in Keyworth The facility has been opened by a former Royal Marine Reported by Nottingham Post 22 hours ago.

    0 0

    KEMP, Texas, Nov. 24, 2018 (GLOBE NEWSWIRE) -- Larson Electronics, a Texas-based company with over 40 years of experience spearheading the industrial lighting sector, announced the release of a portable LED helmet light that comes equipped with a rechargeable NiMH battery pack. This unit is equipped with a green LED rear safety light and operates in three modes (high, medium, low) with a beam capable of producing 1000 lumens of white light that reaches a maximum of 114 feet.The WAL-LED-HL-95R hands-free, rechargeable helmet light enhances illumination and visual detection in locations with mild to moderate smoke. Three operation modes – high, medium and low - provide operators with beam distance and light output flexibility for a variety of applications. The high operational mode offers 1000 lumens with a beam reach of 211m, the medium mode provides 160 lumens with a 160m beam reach, and the lowest mode emits 91 lumens with a beam reach of 91m. This portable helmet light is powered with a rechargeable NiMH battery pack and AC/DC adaptor and has a 3.5-hour charge time.

    The housing of this portable helmet light is made of Aircraft-grade 6061-T6 aluminum with a Type III hard anodized finish and unbreakable polycarbonate lens, ensuring this light will withstand rough handling and harsh conditions. This IPX7-rated light is suitable for operating temperatures between 14˚F (-10˚C) and 300˚F (149˚C). This light features an adjustable silicone strap for mounting on helmets, and the ultra-slim design ensure compatibility with most US-style fire helmets with external face shields.

    This light is suitable for rough working conditions including: fire rescue operations, emergency camp lighting, law enforcement and military applications, and other applications that require portable and rugged outdoor illumination.

    “Traditional hard hat headlights with straps are prone to breaking, tearing, snagging and absorbing toxic chemicals, posing a hazard during operation,” said Rob Bresnahan, CEO of Larson Electronics LLC. “The use of silicone strap protects the product against these complications, and the adjustability ensures proper and secure fitting.”

    *About Larson Electronics LLC: *Larson Electronics LLC is a manufacturer of industrial lighting equipment and accessories. The company offers an extensive catalog of industry-grade lighting and power distribution products for the following sectors: manufacturing, construction, food processing, oil and gas, military, marine and automobile. Customers can benefit from the company’s hands-on, customized approach to lighting solutions. Larson Electronics provides expedited service for quotes, customer support and shipments.

    *For further information, please contact:*

    Rob Bresnahan, President and CEO
    Toll-free: 1-888-351-2363
    Int’l: 214-616-6180
    Fax: 903-498-3364
    E-mail: sales@larsonelectronics.com

    Photos accompanying this announcement are available at:

    http://www.globenewswire.com/NewsRoom/AttachmentNg/e04f90c2-47cc-4fde-9cd2-b1adb74f5dcb

    http://www.globenewswire.com/NewsRoom/AttachmentNg/c2ae7efc-99cc-436b-a455-2644daa65fc6 Reported by GlobeNewswire 21 hours ago.

    0 0

    KAMPALA, Uganda (AP) — A Ugandan police official says at least 10 people have died in a boat accident on Lake Victoria.Police spokesman Emilian Kayima said late Saturday that police marine units had pulled 40 survivors from the... Reported by New Zealand Herald 17 hours ago.

    0 0

    KEMP, Texas, Nov. 24, 2018 (GLOBE NEWSWIRE) -- Larson Electronics, a Texas-based company with over 40 years of experience spearheading the industrial lighting and equipment sectors, announced the release of a combustible gas and vapor transmitter suitable for detecting flammable substances in explosive environments. This ATEX-rated catalytic combustion sensor is compatible with 15-30V DC and provides an output signal range of 4-20mA.The ATEX-EXP-SNR-TG-CGV-CCS-LV* *combustible gas and vapor sensor is equipped with a 0-100%, 0-50% LEL detection range with an expected lifespan of three to five years. The wiring in this unit is facilitated by four terminal ports and when flammable gas or vapor is detected, operators can view the device for an accurate reading. Suitable applications for this unit include flammable facilities, hazardous locations, inspections, safety, combustible gas detection, oil and gas, petrol, chemical processing and more.

    The reliable and durable ATEX-EXP-SNR-TG-CGV-CCS-LV* *catalytic combustion sensor should be mounted at heights based on the density of the target vapor or gas for maximum results. Some common combustible gases and vapors that the unit can detect include Acetone, Acetylene, Butane, Hydrogen Chloride, Hydrogen Cyanide, Diethyl Ether, Ethanol, Landfill Gas, Helium, Methane, Carbon Monoxide, Xylene and more.

    *About Larson Electronics LLC: *Larson Electronics LLC is a manufacturer of industrial lighting equipment and accessories. The company offers an extensive catalog of industry-grade lighting and power distribution products for the following sectors: manufacturing, construction, food processing, oil and gas, military, marine and automobile. Customers can benefit from the company’s hands-on, customized approach to lighting solutions. Larson Electronics provides expedited service for quotes, customer support and shipments.

    *For further information, please contact:*
    Rob Bresnahan, *President and CEO
    *Toll-free: 1-800-369-6671
    Phone: 214-616-6180
    Fax: 903-498-3364
    E-mail: sales@larsonelectronics.com

    A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3c2d1631-7a2c-45ed-ac5d-675f0c39232a Reported by GlobeNewswire 16 hours ago.

    0 0

    Reported by Telegraph.co.uk 15 hours ago.

    0 0

    A lab at Oregon State University’s marine science center in Newport is studying whether society and the marine environment are ready for sea otter reintroduction. Reported by Seattle Times 9 hours ago.

    0 0

    Allianz Receives CBIRC Approval for Preparatory Establishment of China's First Fully-owned Foreign Insurance Holding Company· Allianz receives first-ever approval by China Banking & Insurance Regulatory Commission (CBIRC) for preparatory establishment of foreign insurance holding company
    · 100%-owned insurance holding company enhances Allianz's strategic flexibility to expand investment and growth in China
    · Approval follows Chinese government measures to further open up and encourage investment in China by foreign financial institutions
    · Development is testament to positive long-term China-Germany relationship and cooperation

    SHANGHAI, SINGAPORE and MUNICH, Nov. 25, 2018 /PRNewswire/ -- Allianz today announced that it has received approval from the China Banking & Insurance Regulatory Commission (CBIRC) for the preparatory establishment of an insurance holding company in China. The company - Allianz (China) Insurance Holding Company Limited - will be China's first-ever wholly-owned insurance holding company by a foreign insurer, and will be based in Shanghai. 

    This holding structure will anchor Allianz Group's long-term commitment to China by enhancing its strategic and financial flexibility to capture business opportunities and drive long-term success in the market.  When fully established, Allianz (China) Insurance Holding Company Limited will be strongly capitalized according to its application.

    The regulatory approval follows a series of measures recently announced by the Chinese government to further open up and encourage investment in China by foreign financial insurance institutions. This development follows the long-term positive bilateral relationship between China and Germany, and furthers its continued cooperation and collaboration. Oliver Bate, Chairman & CEO, Allianz Group

    *Oliver Bate, Chairman & CEO, Allianz Group* said, "Allianz is proud to be the first foreign insurer to commence the establishment of a holding company in China - a significant milestone for us to expand our presence in this strategic market. Today's announcement also follows the positive long-term cooperation between China and Germany, allowing our Chinese and international clients to be able to enjoy Allianz's comprehensive financial and risk management solutions and services, and benefit from the continued growth and liberalization of China's financial markets."George Sartorel, Regional CEO for Asia Pacific, Allianz

    *George Sartorel, Regional CEO for Asia Pacific, Allianz*, said, "China is central to our growth strategy for Asia, this development positions Allianz strongly to combine our global knowledge with deep insights into local consumer and industry needs. We look forward to contributing to the continued development and innovation of China's fast-growing insurance sector, as well as to better serve Chinese customers and communities."

    This marks the latest milestone for Allianz in China, a market it has served since the early 1910s. Today, with its 2,000 employees and affiliates in the country, Allianz offers the full spectrum of protection, risk management and asset management solutions and services in China. Allianz expects China to continue setting the pace for global insurance market growth, with premiums expected to rise 14 per cent per annum in the coming decade.

    Allianz expects the holding company to be established in 2019, and will work on the necessary preparatory work under the guidance and assistance of the regulatory authorities.

    *About Allianz*

    The Allianz Group is one of the world's leading insurers and asset managers with more than 88 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world's largest investors, managing over 650 billion euros on behalf of its insurance customers while our asset managers Allianz Global Investors and PIMCO manage an additional 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2017, over 140,000 employees in more than 70 countries achieved total revenue of 126 billion euros and an operating profit of 11 billion euros for the group.

    *About Allianz in Asia *

    Asia is one of the core growth regions for Allianz, characterized by a rich diversity of cultures, languages and customs. Allianz has been present in the region since 1910, when it first provided fire and marine insurance in the coastal cities of China. Today, Allianz is active in 14 markets in the region, offering its core businesses of property and casualty insurance, life, protection and health solutions, as well as asset management. With its more than 32,000 staff, Allianz serves the needs of over 18 million customers in the region across multiple distribution channels and digital platforms.

    These assessments are, as always, subject to the disclaimer provided below.

    *Cautionary note regarding forward-looking statements*

    The statements contained herein may include prospects, statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such forward-looking statements.

    Such deviations may arise due to, without limitation, (i) changes of the general economic conditions and competitive situation, particularly in the Allianz Group's core business and core markets, (ii) performance of financial markets (particularly market volatility, liquidity and credit events), (iii) frequency and severity of insured loss events, including from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the EUR/USD  exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions, including related integration issues, and reorganization measures, and (xi) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences.

    *No duty to update*

    The company assumes no obligation to update any information or forward-looking statement contained herein, save for any information required to be disclosed by law.

    *Privacy Note*

    Allianz SE is committed to protecting your personal data. Find out more in our Privacy Statement.

    Photo - https://photos.prnasia.com/prnh/20181125/2308496-1-a
    Photo - https://photos.prnasia.com/prnh/20181125/2308496-1-b 
    Logo  - https://photos.prnasia.com/prnh/20181125/2308496-1LOGO Reported by PR Newswire Asia 7 hours ago.

older | 1 | .... | 1438 | 1439 | (Page 1440) | 1441 | 1442 | .... | 1489 | newer