Asia’s heavy monsoons, a record heatwave in Russia and severe droughts in Africa show the need for new yardsticks to rate extreme weather to guide everybody from road builders to insurance companies, a U.N. expert said on Friday. Scales exist …
Devastating floods in Pakistan and Russia’s heatwave match predictions of extremes caused by global warming even though it is impossible to blame mankind for single severe weather events, scientists say. This year is on track to be the warmest since …
Russian troops dug a 8-km (5-mile) long canal to keep fires caused by a record heatwave away from a nuclear arms site, local media said on Saturday as air pollution from the crisis rose to more than six times above …
Dense clouds of acrid smoke from peat and forest fires choked Russia’s capital on Friday, seeping into homes and offices, diverting planes and prompting exhausted Muscovites to wear surgical masks to filter the foul air. Air pollution surged to five …
Insurance rates in the power sector are expected to soften further in 2010, despite the existence of many of the conditions that would normally presage a hardening market, according to the latest Power Market Review from Willis Limited. Foremost among …
Russia’s leaders declared a state of emergency on Monday in seven provinces and ordered authorities to guard weapons storage facilities from wildfires that have killed at least 40 people. Thousands more have lost their homes to blazes stoked by Russia’s …
Floods in Pakistan and China have taken thousands of lives and damaged hundreds of thousands of homes, according to a new report on catastrophic events in July by a reinsurance team. A European heatwave, wildfires in Russia and heavy rains …
Iran said on Monday it was ready to return to talks on a nuclear fuel swap, a surprise that came shortly after the European Union agreed tougher sanctions, including a block on oil and gas investment. EU foreign ministers approved …
The ACE Group of insurance and reinsurance companies announced the appointment of David Furby as Division President, Commercial Property & Casualty, for ACE’s Overseas General operations. He is based in New York and reports to ACE Overseas General Chairman and …
World leaders agreed Sunday to take different paths for cutting budget deficits and making their banking systems safer, a reflection of the uneven and fragile economic recovery in many countries. The following are highlights from quotes by leaders and other …
