Strong aftershocks rattled New Zealand’s quake-devastated city of Christchurch again Monday, toppling one of the few buildings still standing downtown and sinking thousands of homes into darkness. Bricks crashed down in the cordoned-off city center, where only workers have tread …
Catastrophe modeling firm AIR Worldwide has issued early estimates indicating that insured losses to properties and business income from the Category 5 (Australia Bureau of Meteorology intensity scale) cyclone Yasi that struck Australia at midnight local time, Wednesday, February 2, …
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 January. Published by Impact Forecasting, the firm’s …
Tropical cyclone Yasi roared ashore on the coast of Queensland last night, causing widespread damage to property and knocking out power throughout the region. Although the damages from the wind, the rain and the high tides are severe, no deaths …
