Crews of experts began examining the damage to cultural monuments and infrastructure on the eastern Greek island of Kos on Saturday, a day after a powerful earthquake killed two tourists and injured nearly 500 others in the Aegean Sea region …
A magnitude-6.2 earthquake rattled the corner of British Columbia near the boundary with southeastern Alaska early Monday, waking people up and setting off a series of aftershocks, including a magnitude-6.3, the U.S. Geological Survey said. Agency geophysicist Amy Vaughan said …
Newark, Calif.-based RMS announced that Latin America reinsurer Reaseguradora Patria (Patria Re) has licensed its full range of models and analytical services for Latin America and the Caribbean. These regions have a high exposure to natural catastrophe risk and produce …
Natural disasters can strike at any time, often without warning, and devastate cities, regions, states and countries. Nature Unleashed, a new exhibit at the Indiana State Museum, aims to help Hoosiers understand why tornadoes, earthquakes, hurricanes, tsunamis and volcanic eruptions …
New Zealand’s government said Friday [March 31] the partial collapse of a modern office building’s interior during an earthquake last November was unacceptable and could have killed people. Minister for Building and Construction Nick Smith said officials will review the …
An Oklahoma-based Native American tribe filed a lawsuit in its own tribal court system Friday accusing several oil companies of triggering the state’s largest earthquake that caused extensive damage to some near-century-old tribal buildings. The Pawnee Nation alleges in the …
RMS, the the Newark, Calif.-based catastrophe risk management firm, has received approval from the Colombian insurance regulator, Superintendencia Financiera de Colombia (SFC), to offer catastrophe modeling services to national and global insurance companies writing earthquake risk in Colombia. Insurers writing …
Catastrophe modeling firm AIR Worldwide (AIR) announced that its earthquake model for Colombia has been approved by the country’s insurance regulator, the Superintendencia Financiera de Colombia, for use by domestic insurance companies in managing their earthquake risk. “The Colombian government …
PERILS, the independent Zurich-based organization that provides industry catastrophe insurance data, has announced that it has entered a strategic alliance with Toronto-based Catastrophe Indices & Quantification Inc. (CatIQ) to provide industry loss data for Canada via the PERILS Industry Loss …
Digital technologies can be harnessed by the re/insurance industry to narrow insurance protection gaps in developing and emerging markets, thereby improving societal resilience after natural disasters, according to a report published by the Geneva Association. However, the protection gap problem …
