Typhoon Melor made landfall on the south coast of Japan, approximately 25 miles (40 kms) from Hamamatsu on Wednesday. According to a preliminary analysis from Risk Management Solutions, “available meteorological data indicates that Melor had maximum sustained winds between 63 …
The U.S. RE Companies have been approved by the Brazilian regulatory authorities to launch the Company’s new subsidiary, U.S. RE Do Brasil Corretora de Resseguros, LTDA, as a reinsurance broker with offices in Sao Paulo. The news comes just two …
Tropical storm Parma stalled for two days off northwestern Philippines, was slowly heading toward the country’s tobacco-producing region on Tuesday, after killing at least 22 people. Right behind it is Typhoon Melor, a category 4 storm currently south of Okinawa …
Rescue workers called off the search Monday for life under the rubble left by a massive earthquake, focusing instead on bringing aid to survivors in the towns and hills of western Indonesia, despite being hampered by torrential rains. “The chances …
The Federation of European Risk Management Associations convened its bi-annual conference in Prague, the capital of the Czech Republic, on Monday, welcoming some 1100 attendees, and two new members. Newly installed president, Peter den Dekker, Corporate Insurance Risk Manager for …
$4 Million The estimated cost to build a tsunami evacuation building, or TEB, on the Oregon coast. It would sit about 15 feet above the water on pilings, allowing water to flow under it. Proponents says such a building would …
Rescuers dug feverishly on Friday through the rubble of a school and other buildings toppled by an earthquake in the Indonesian port of Padang, but few victims were being found alive two days after the tremor. The United Nations said …
Insurer Aflac Inc. has completed its acquisition of Continental American Insurance Co. (CAIC). The company said the purchase of CAIC for $100 million was funded with internal capital. The deal adds group workplace policies to Aflac’s line of individual policies …
The biggest floods in decades threatened Vietnam’s central provinces on Wednesday following a powerful typhoon that swept into the country after wreaking havoc in the Philippines. The government said 38 people had died and 10 were missing in floods and …
U.N. climate talks kicked off Monday in Bangkok with leaders calling for delegates to break the deadlock over a global warming deal and warning failure to act would leave future generations fighting for survival. Negotiations on a new U.N. climate …
