The impact from the the strong (magnitude 7.0) earthquake that occurred Sept. 7 near Acapulco City, Mexico is expected to be moderate, with insured losses of about $200 million, according to catastrophe modeling firm Karen Clark and Company. KCC estimates …
Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report. The U.N. Office for Disaster Risk Reduction warned in the 246-page …
American International Group Inc. said Wednesday it expects “minimal net effects” from the recent earthquake and tsunami on the financial condition of its local Japanese operations, including those of Fuji Fire and Marine Insurance Co., in which AIG holds a …
