RMS and a group of actuarial societies each rolled out new products designed to respectively help measure risks related to earthquake and weather events. In RMS’ case, the catastrophe modeling firm gained regulatory approval in Peru to start marketing its …
Some people don’t need Earth Day to be reminded they live on a planet powered by the forces of nature. The recent string earthquakes on the Pacific belt may have hit home with California homeowners, who were already a bit …
Mexico, Colombia, Peru and Chile said on Monday they had wrapped up negotiations to remove all trade tariffs between them, cementing a bloc that the four hope will encourage free trade between Latin America and the rest of the world. …
A north-central Indiana city with a rich history tied to circuses is taking steps to protect itself from liability in any accidents that might occur during its annual circus-themed festival. Peru Clerk-Treasurer Jackie Gray told the Kokomo Tribune that two …
Willis Europe BV, a subsidiary of global insurance broker, Willis Group Holdings plc, and Peruvian financial services group Credicorp Ltd, announced that, on February 24, 2012, Grupo Credito, a subsidiary of Credicorp, acquired 49.9 percent of the shares in Willis …
In a bulletin released shortly after the earthquake in Peru, Catastrophe modeling firm AIR Worldwide said that “given the relatively sparse population in the epicentral area and the fact that insurance penetration is generally low (estimated at just 2 percent …
A magnitude 6.9 earthquake that struck off the coast of southern Peru Friday shook buildings in Lima and injured 83 people near the city of Ica, civil defense officials said Saturday. At least 88 homes were destroyed and another 40 …
In its latest monthly assessment of the world’s catastrophes for November Aon Benfield highlights the first winter weather event of the season across Europe with “notable affects.” the report, published by the company’s Impact Forecasting team, who evaluate global natural …
Willis Group Holdings announced the appointment of Edward Fyfe as Regional Specialist Leader for Latin America. He is based in Peru, and “will strengthen the linkage between Willis’ Latin America operations and its Global Specialties business in the region which …
The Pacific Northwest is one of five regions in the world most likely to see a mega-earthquake, according to a new report. “When The Earth Moves: Mega-Earthquakes To Come?” published by Aon Benfield in conjunction with the Aon Benfield UCL …
