The U.K.’s Aviva plc announced that it has acquired a 51 percent stake in Eagle Insurance Limited, the third-largest insurer in Sri Lanka. Aviva also noted that its new acquisition has “entered into a bancassurance agreement with National Development Bank …
Euler Hermes ACI, a provider of trade credit insurance and risk mitigation information, has released a special global risk analysis report from its U.S. headquarters in Maryland. The company, a subsidiary of French insurer AGF, which is in turn part …
Munich Re has released the results of a “loss inspection” conducted on the West Coast of Thailand to assess the consequences of the devastating tsunami, which struck the area one year ago. Experts from the reinsurer’s Geo Risks Research team …
Experts Caution that a Tsunami in the U.S. Could Cost Trillions of Dollars Early in the morning on Dec. 26, 2004, opposing subterranean tectonic plates deep beneath the Indian Ocean floor shifted in violent unison along a line about 300 …
Early in the morning on Dec. 26, 2004, opposing subterranean tectonic plates deep beneath the Indian Ocean floor shifted in violent unison along a line about 300 miles long. The energy released was on par with a 50-kiloton atomic bomb, …
A report, prepared by the United Nations Environment Program (UNEP), entitled “The Millennium Ecosystem Assessment,” concludes that many of the planet’s essential systems are endangered, primarily due to human activity. It warns that, if left unchecked, the consequences could be …
A severe earthquake, measuring 8.7 on the Richter Scale, struck several Islands off the Northwest Coast of the Indonesian Island of Sumatra at around 11:15 p.m. local time (11:15 a.m. EST) causing heavy damage and loss of life. The most …
Early in the morning hours on Dec. 26, 2004, opposing subterranean tectonic plates deep beneath the Indian Ocean floor shifted in violent unison along a line about 300 miles long. The energy released was on par with a 50-kiloton atomic …
Two Aon subsidiaries, Aon Re Global and Impact Forecasting, LLC, have released a report on 2004’s natural catastrophes, describing “a year of freakish weather patterns, ending with the worst natural disaster in modern times: the December 26th tsunami.” The report …
Early in the morning on the 26th of December 2004, opposing subterranean tectonic plates deep beneath the Indian Ocean floor shifted in violent unison along a line about 300 miles long. The energy released was on par with a 50-kiloton …
