Typhoon WiphaThreatens Japan; Precautions at Fukushima Nuclear Plant October 15, 2013 By Aaron Sheldrick A once-in-a-decade typhoon threatened Japan on Tuesday, disrupting travel and shipping and forcing precautions to be taken at the wrecked...
Swiss Re Report on France Highlights Economic Concerns October 15, 2013 France’s current economic concerns overshadow fears for longer-term issues, according to a risk perception survey, commissioned by Swiss Re, released...
Australia Weather Bureau Forecasts up to 11 Cyclones in Storm Season October 15, 2013 Australia can expect an average cyclone season with up to 11 tropical storms, four of them severe, in the next...
Mass Evacuation Saves Lives as Cyclone Phailin Strikes India October 15, 2013 By Jatindra Dash and Sruthi Gottipati A mass evacuation saved thousands of people from India’s fiercest cyclone in 14 years, but aid workers warned a million...
IAIS Plan for Re/Insurers’ Systemic Risks ‘Debatable’ Says UK Expert October 15, 2013 “The IAIS, with its proposal for additional risk-adjusted capital rules for major re/insurers, seems to be joining the regulatory bandwagon...
AIR Worldwide Analyzes Typhoon Nari as it Crosses the Philippines October 15, 2013 According to catastrophe modeling firm AIR Worldwide Typhoon Nari, aka Santi, made landfall in the Philippines, “as of 18:50 October...
Best Report: European Insurers See Improvements; Challenges Remain October 15, 2013 European non-life and life insurers “are benefitting from a more stable economic environment, although they continue to adjust product offerings...
EQECAT President Paul Little on Cat Models – from the General to the Specific October 11, 2013 By Charles E. Boyle EQECAT’s President Paul Little explains how cat models have evolved from the general to the specific and what’s now required...
China to Allow Foreign Investors to Use Yuan in Financial Sectors October 11, 2013 China’s central bank will allow foreign businesses to invest in domestic financial firms using offshore yuan funding, it said on...
Tens of Thousands Flee Vast Cyclone Phailin Bearing Down on India October 11, 2013 By Sruthi Gottipati and Jatindra Dash Tens of thousands fled their homes in coastal areas of eastern India and moved to shelters on Friday, bracing for...