New Zealand was rocked by a powerful earthquake early Monday that killed two people and caused extensive damage to roads and businesses, but avoided the widespread destruction caused by a 2011 quake that killed 185 people. The local dollar fell. …
The purpose of modeling is to anticipate the likelihood and severity of catastrophes so that companies can prepare for their financial impact — before they occur. The evidence suggests that, for the most part, modeling has achieved its mission. Eleven …
Rescuers extended their search on Friday to shattered houses close to the epicenter of Christchurch’s deadly earthquake, but rain and cold dimmed hopes of finding more survivors of New Zealand’s worst disaster in decades. The arrival of teams from Britain …
