China to Offer Additional Insurance, Financial Support for Flood-Hit Regions July 20, 2020 China’s banking and insurance regulator on Saturday announced measures to further increase credit and lending support and insurance protection for...
Hailstorm in June Was One of Canada’s Costliest Thunderstorm-Related Events: Aon July 17, 2020 Canada saw powerful a series of powerful thunderstorms in June, which brought hail greater than the size of tennis balls...
Russia Requires Firms to Develop Financial/Insurance Contingency Plans for Oil Spills July 14, 2020 President Vladimir Putin on Monday signed legislation requiring companies involved in oil production or handling other hydrocarbons to have adequate...
Russia’s Nornickel Denies Allegations of Cover-Up over Arctic Oil Spill July 13, 2020 By Andrew Osborn and Tom Balmforth Pressure is mounting on Russian mining company Norilsk Nickel over an Arctic oil spill that has wiped about 17% off...
China Braces for Continuing Floods in One of Worst Rainfall Seasons on Record July 13, 2020 China is preparing for flooding in its northern regions that could potentially hurt crop output amid torrential rain that’s lasted...
Insured Losses for 2019/2020 Australia Bushfires Estimated at A$1.9B (US$1.3B): PERILS July 7, 2020 The insurance industry’s loss footprint for the Australian bushfires of 2019/2020 is estimated at A$1.9 billion (US$1.3 billion), according to...
India Investigator Recommends Moving S. Korea-Owned Plant After Gas Leak July 7, 2020 By Sudarshan Varadhan and Jane Chung CHENNAI/SEOUL – An investigation into a deadly gas leak at a South Korean-owned chemical plant in southern India that killed...
Russian Regulator Seeks $2B in Damages from Nornickel for Arctic Fuel Spill July 7, 2020 Russia’s environmental watchdog has asked a power subsidiary of Russian mining giant Norilsk Nickel (Nornickel) to pay almost 148 billion...
Heavy Rains Batter China, Raising Flood Alert Levels for Cities on Yangtze River July 6, 2020 SHANGHAI — The central Chinese city of Wuhan, epicenter of the new coronavirus pandemic, raised its flood alert level on...
Torrential Rains Cause Floods in SW Japan, with Nearly 40 Feared Dead July 6, 2020 Nearly 40 people were feared dead as torrential rains continued to hit Japan’s southwestern island of Kyushu, with river banks...