Japan has offered extra loans, insurance and a baht cash line to help Japanese companies in flood-ravaged Thailand, signaling growing concerns over the disaster’s impact on the world’s third biggest economy. Thai officials have said it could take as long …
The death toll from torrential rains in Central America over the past week has almost doubled since Saturday, with a further 25 lives lost in El Salvador, authorities said Sunday. A tropical depression that swept in from the Pacific on …
The government expressed confidence Sunday that Bangkok will escape Thailand’s worst flooding in decades, as the capital’s elaborate barriers held strong and floodwaters receded from submerged plains to the north. Agriculture Minister Theera Wongsamut said the largest mass of runoff …
Honda Motor Co said its Thai plant remains underwater as flooding in the center of the country worsens, closing down 4.7 percent of its global output in a disaster that is hammering other Japanese firms that have made the nation …
Thailand raced on Tuesday to build floodwalls on the outskirts of Bangkok to prevent the worst floods in half a century from inundating parts of the capital later this week when water flowing from the north reaches the low-lying city. …
Eighteen north Vicksburg homeowners who suffered damage from the Mississippi River flooding this spring have signed up for the city’s buyout program. The Vicksburg Post reported the voluntary buyout will be conducted in two phases. The first involves homes in …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has released the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during September. Published by Impact Forecasting, the firm’s …
Typhoon Nesat hit Hainan Island in south China on Thursday after it swept past Hong Kong, closing financial markets, schools and most businesses in one of Asia’s largest financial centers. China recalled ships and suspended flights and ferry services in …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has issued a bulletin indicating that Australian and New Zealand insurers, who were hit with “catastrophic events” in 2010 and 2011, had “nearly two-thirds of the losses reinsured.” …
According to catastrophe modeling firm AIR Worldwide, “Typhoon Nesat (known locally as ‘Pedring’) made landfall in the eastern Isabela and Aurora provinces on the Pacific coast of the Philippines at 18:21 GMT Monday, September 26 with maximum sustained winds of …
