Scientists Predict Major Quake in Chile’s Mineral-Rich North March 5, 2025 Fifteen years ago on February 27, a devastating 8.8 magnitude quake struck southern Chile off the coast of Concepcion, shaking...
Chile Completes $630M Earthquake Insurance Deal With World Bank March 20, 2023 Chile has agreed to an earthquake insurance program with the World Bank protecting it from $630 million worth of damage...
Chile Finalizes Major Earthquake Insurance With World Bank February 24, 2023 Chile is finalizing a deal with the World Bank for insurance against high-intensity earthquakes that would impact the country’s fiscal...
Earthquake in Southern Chile Causes Minor Damage; 4,000 Evacuated December 27, 2016 A powerful earthquake shook southern Chile on Sunday, but there were no immediate reports of deaths and only minor known...
2015 Global Insured Losses Lowest Since 2009 Despite El Niño Effects: Carpenter March 25, 2016 One of the strongest El Niño periods on record and a positive phase of the North Atlantic Oscillation were the...
Update: RSA Reports 1% Rise in NWP Despite ‘Distraction’ of Zurich Bid November 5, 2015 By Carolyn Cohn British insurer RSA is not looking to be taken over but might consider offers if they are in shareholders’ interests,...
Everest Re Reports Q3 Net Income of $88.6M, Compared to $274.9M in Q3 2014 October 27, 2015 Everest Re Group Ltd. reported third quarter 2015 after-tax operating income available to common shareholders of $200.2 million, or $4.53...
AIR Estimates Insured Losses from Chile Earthquake at $600M to $900M September 22, 2015 Catastrophe modeling firm AIR Worldwide estimates that insured losses from the Magnitude 8.3 earthquake that struck Chile’s central coast near...
Update: Quake off Chile Slams Waves into Coastal Towns; Death Toll Rises September 17, 2015 By Anthony Esposito Strong aftershocks rippled through Chile on Thursday after a magnitude 8.3 earthquake that killed at least eight people and slammed...
Commentary: Accounting for Non-Modeled Sources of Loss May 23, 2013 By Ashish Belambe The purpose of modeling is to anticipate the likelihood and severity of catastrophes so that companies can prepare for their...