Latest Earthquake Headlines
All the headlines from our Earthquake Topic Page, ordered by recency.
2008 Catastrophe Losses Already Exceed 2007; On Track to Pass 2006
Jul 9 2008 // A large number of exteme weather events pummeled the United States in the first half of the year, and worldwide 2008 may go down in history as a year with one of the highest number of natural catastrophe victims, according...
Japan: Risk and Rewards
Jul 7 2008 // A Glimpse into Japan’s Property and Casualty Market The Japanese property and casualty insurance market is ripe for opportunities, but there also are significant risks in the country, according to Keiji Fukasawa of...
Willis Research Network Joins in California Earthquake Study
Jun 30 2008 // The Willis Research Network, part of Willis Group Holdings Ltd., the global insurance broker, has joined with the U.S. Geological Survey and the California Geological Survey to develop a scenario that shows how a magnitude...
HCC Forms Earthquake Division and Crime Coverage Bond Unit
Jun 23 2008 // Houston-based HCC Insurance Holdings Inc. appointed Todd Ruyak and Eric Mihailovich senior vice presidents of the company’s newly formed Professional Indemnity Agency Inc. (PIA) Property Division, reporting to PIA...
BYU Professor Sets Up Disaster Education Group
Jun 20 2008 // A Brigham Young University professor feels the more people know about natural disasters, the more likely they are to survive them. Whether it’s earthquakes, hurricanes or tsunamis, professor Ron Harris says a little...
Willis Research Network Teams to Study Quakes with Italy’s EUCENTRE
Jun 17 2008 // The Willis Research Network (WRN), part of Willis Group Holdings Limited, announced that the EUCENTRE in Pavia has joined its network to enhance the quality of the earthquake research and modeling it offers to the...
AIR’s Initial Analysis of Japanese Quake
Jun 17 2008 // Boston-based AIR Worldwide has issued a bulletin on the earthquake that struck northern Japan on Saturday, June 14 (See IJ web site – https://www.insurancejournal.com/news/international/2008/06/16/91005.htm). The...
Swiss Re Study Analyzes Rising Disaster Costs; Role of Risk Transfers
Jun 13 2008 // A new study from Swiss Re examines the rising impact of natural disasters, which is “driving up the cost of disaster relief and reconstruction for the public sector, especially in developing countries where insurance...
RMS, AIR Analyze Greek Quake
Jun 10 2008 // Risk Management Solutions and AIR Worldwide have both issued bulletins analyzing the effects of a 6.1 magnitude earthquake that struck Western Greece at 03:26 p.m. local time on Sunday, June 8. RMS said that according to...
Earthquake Swarm Picks up Again in Reno
Jun 10 2008 // A three-month-long series of earthquakes picked up again Sunday, June 8, 2008, as a string of minor temblors rattled Reno, Nev., causing downtown highrises to sway and knocking items off shelves. There were no immediate...
RMS Analyzes Iceland Quake
Jun 3 2008 // Fortunately no deaths have been reported from the strong earthquake – estimated at magnitude 6.1 by the USGS – which shook Iceland last Thursday. However, an anlysis by Risk Management Solutions indicates that...
Scientists Predict $200B in Damage From Southern California Earthquake
Jun 2 2008 // The U.S. Geological Survey (USGS) and the California Geological Survey (CGS) are predicting a 7.8 magnitude earthquake in Southern California — similar to the recent earthquake in China — would kill 1,800 people,...
Starr Foundation Pledges $1 Million for China Earthquake Relief
May 30 2008 // The Starr Foundation of New York and Starr International Foundation of Switzerland have announced a joint grant to the China Charity Federation totaling $1 million for earthquake relief in China. The donation was...
RMS Attends Chinese Regulatory Conference to Promote Data Standards
May 30 2008 // In the wake of the devastating Sichuan earthquake, representatives from The China Insurance Regulatory Commission (CIRC), Risk Management Solutions (RMS), and China’s Institute of Engineering Mechanics (IEM) met with...
ACE Contributes $1 Million to China Earthquake Relief
May 27 2008 // The ACE Group of Companies announced that the ACE Foundation – International has made a $1 million contribution to the Red Cross Society of China to support emergency relief efforts following the earthquake that...
Iowa City Votes Down Purchase of Earthquake Insurance
May 22 2008 // City leaders in Johnston, Iowa have decided against earthquake insurance in the wake of two tremors this spring in Illinois and Missouri. The City Council on Tuesday, May 20th rejected spending $4,000 a year for an...
Scientists Predict $200B in Damage from Southern California Earthquake
May 22 2008 // The U.S. Geological Survey (USGS) and the California Geological Survey (CGS) have jointly published a report detailing a hypothetical scenario the impact a 7.8 magnitude earthquake — similar to the recent earthquake...
Officials Say April Earthquake a Dress Rehearsal for Future Events
May 21 2008 // Missouri emergency management officials say they’re better prepared for a major earthquake, thanks in part to last month’s 5.2 quake in southern Illinois. Susie Stonner of the State Emergency Management Agency...
Munich Re, Aon Securitize Japanese Earthquake Risks
May 16 2008 // Munich Re, working with Aon, has arranged a securitization for Japanese insurer Zenkyoren, the National Mutual Insurance Federation of Agricultural Cooperatives, through Muteki Ltd., an exempted company in the Cayman...
Fitch: China Quake ‘Not an Immediate Capital Issue’ for HK Insurers’
May 16 2008 // Fitch Ratings has issued a bulletin from its Hong Kong/Singapore offices indicating that “based on preliminary estimates, the earthquake in China is not expected to have a material impact on the balance sheets of the...
