Somali pirates appear to be intensifying their attacks away from their own coast and were responsible for 44 percent of the 289 piracy incidents on the world’s seas in the first nine months of 2010, according to a report published …
The IPO of American International Group Inc’s Asian life insurance unit is set to command a valuation above the mid-point of an indicative range as attractive valuations draw in investors to the world’s second-largest float this year. Bailed out insurer …
Asia’s death toll from vicious rains spiked Thursday to nearly 140 as disaster officials reached previously isolated areas in Vietnam, while the worst flooding in parts of southern China in nearly a half-century forced 130,000 villagers to evacuate. Security forces …
The U.N. climate change chief urged governments on Monday to make real steps towards a new treaty to fight global warming or risk throwing negotiations into doubt. Negotiators are meeting in the northern Chinese port city of Tianjin to try …
A report from the National Academies of Science says the West Coast of the United States remains ill-prepared for a tsunami. The seismologist who led the review of tsunami preparedness says an earthquake on the offshore fault called the subduction …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Finland’s Tapiola General Mutual Insurance Company (also known as Keskinainen Vakuutusyhtio Tapiola). The outlook …
China, India and Indonesia are likely to face much higher losses from natural disasters in coming decades as their economies grow faster than their capacity for disaster prevention and relief, a new report has forecast. That means more foreign investment …
The United States will host a meeting of the world’s biggest economies in New York to discuss climate change on Monday and Tuesday [next week], the U.S. State Department said. The Major Economies Forum will bring together 16 of the …
Aon Benfield’s latest release of its Monthly Cat Recap report, which provides an analysis of global natural perils in August, reports the month was “dominated by historic floods in Pakistan destroying over 1.25 million homes, a massive landslide in China …
A volcano in western Indonesia on the Island of Sumatra spewed hot lava and sand high into the sky early Sunday in its first eruption in 400 years. Government volcanologist Surono, who uses only one name, said Mount Sinabung in …
