August 12, 2009
The second seismic event to hit Japan in two days occurred off the central coast of the Japanese island of Honshu at 5:15 a.m. local time (20:15 UTC on Monday). Catastrophe risk modeling firm AIR Worldwide said the US Geological …
July 20, 2009
The contest to acquire IPC Holding appears to be over. Validus Holdings, the formerly unwelcome suitor, whose rival bid ended Max Capital’s effort to take over IPC, has emerged as the winner. Validus finally came up with $1.65 billion in …
July 10, 2009
The G8 summit made scant progress towards a new U.N. climate treaty due to be agreed in December with some nations back-pedaling on promises of new action even before the end of a meeting in Italy. “This hasn’t given me …
July 9, 2009
Leaders of the world’s richest nations and major developing powers meet on Thursday to seek common ground on global warming and international trade, with the poorer countries seeking concessions. U.S. President Barack Obama will chair the climate discussions, but hopes …
July 9, 2009
El Nino weather anomaly has developed and it may not be as strong as the killer which struck more than a decade ago, the U.S. Climate Prediction Center said Thursday. The CPC, an office under the National Oceanic Atmospheric Administration, …
July 8, 2009
The development of an El Nino weather pattern is increasing and at this stage may be a medium-strength event, but it could take months for it to be officially declared, Australia’s weather bureau said. “We are warming reasonably rapidly. The …
June 25, 2009
Slum-dweller Krustin bin Juri lost everything when floodwaters swept through his home and shop on the banks of Jakarta’s filthy Ciliwung river two years ago. But when the next flood hits, and it will because Jakarta sees frequent floods in …
June 3, 2009
Aon has just issued the latest version of its “Terrorism Threat Map.” The most significant change from previous maps shows a “shift in Islamist terrorist activity from the Middle East to South Asia.” The new map shows a trend towards …
May 28, 2009
The death toll from Cyclone Aila in eastern India and Bangladesh rose to at least 168 on Wednesday, officials said, while heavy rains after the storm caused deadly mudslides and slowed rescue efforts. The toll was expected to rise in …
May 27, 2009
The death toll from Cyclone Aila reached 40 on Tuesday after it lashed eastern India and Bangladesh and stranded thousands in their flooded villages, officials said. The storm destroyed nearly 3,000 thatched and mud houses and toppled a large number …