Australia’s Qantas Airways is working towards a commercial settlement with Rolls-Royce over last year’s mid-air engine explosion, its chief executive...
Australia News
Insured losses from the recent flooding in Australia could top $6 billion, and earnings estimates for Bermudan reinsurers are at...
Floods that ravaged Australia’s northeast and swamped a major city could be the country’s most expensive natural disaster ever, the...
Australia’s third-largest city started cleaning up stinking mud and debris on Friday after some of the country’s worst floods on...
Australia’s mining industry has borne the brunt of the economic impact from massive floods in Queensland state, but agriculture, construction,...
Authorities urged thousands of residents to leave the outskirts of Australia’s third largest city on Tuesday as others sandbagged homes...
Australia’s flood-stricken coal industry may be disrupted for months after key rail and road links were washed away, while some...
Bermuda-based Omega Insurance Holdings Limited, which is also a leading LLoyd’s insurer, has issued a revised estimate of the losses...
Swiss Re has obtained another $170 million in protection through the Successor X Ltd. catastrophe bond program, covering Australia earthquake,...
Australia’s record floods are causing catastrophic damage to infrastructure in the state of Queensland and have forced 75 percent of...