Iran News

Natural Disasters More Severe and More Costly

According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion that economic and insured losses would continue to …

Natural Disasters More Severe and More Costly

According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion that economic and insured losses would continue to …

Aid Workers Arrive in Bam as Quake Death Toll Rises; WHO Calls for More Help

Aid workers from more than 40 countries, including a team of 80 from the U.S., are trying to cope with the devastation wrought by the earthquake that hit the eastern Iranian city of Bam last Friday morning. Reports now indicate …

Munich Re 2003 Catastrophe Study – Fatalities up 450 Percent; $15 Billion Insured Losses

Munich Re has released its analysis of natural catastrophes in 2003 and concluded that economic and insured losses continue to increase at a high level. Preliminary portions of the study had been presented at the recent meeting of the Intergovernmental …

30,000 Feared Dead in Iran Quake

Bam, the ancient city in southeastern, Iran lies in ruins after an earthquake, measured locally at 6.3 on the Richter scale (the US Geological Survey measured it at 6.7), struck early Friday morning. No official count of the dead, wounded …

INSURERS SUE TERROR SUPPORTERS FOR 9/11 LOSSES

Dozens of insurance companies, acting as members of five large insurance groups—Chubb, American Re, Zurich American, One Beacon and Crum & Forster—have filed a lawsuit in two cities against Al Qaida and other terrorist organizations to recover billions of dollars …

Insurers Sue Terror Supporters for 9/11 Losses

Dozens of insurance companies, acting as members of five large insurance groups—Chubb, American Re, Zurich American, One Beacon and Crum & Forster—have filed a lawsuit in two cities against Al Qaida and other terrorist organizations to recover billions of dollars …

International Commentary: A Stunned World Reacts to Terrorist Attacks

No words will ever be able to fully convey the shock and the stunned incredulity around the world as the Sept. 11th terrorist attacks unfolded on television screens across the globe. Live coverage on French television began shortly after the …

A Stunned World Reacts to Terrorist Attacks

No words will ever be able to fully convey the shock and the stunned incredulity around the world as yesterday’s terrorist attacks unfolded on television screens across the globe. Live coverage on French television began shortly after the first aircraft …

Breakthrough in EU/China WTO Negotiations

The European Union and China announced early this morning that they had reached agreement on the terms of a trade agreement between them which would lead to China’s entry into the World Trade Organization. The end of the marathon talks, …