Chris Klein, Global Head of Business Intelligence Contact The April 1, 2010 reinsurance renewals are dominated by Asia, but were conducted with one eye on the catastrophes that occurred elsewhere in the world. Reinsurance rates in most cases continued the decline experienced at January 1, 2010 which occurred largely because of the effects of healthier (re)insurer balance ... Continue Reading »
Earthquake
Update 2: 8.8 Mw Earthquake in Chile
A massive earthquake struck off the coast of Maule in Chile at 06:34 UTC on February 27(03:34 local time), causing severe damage across of the country and claiming up to 800 lives in Chile's biggest earthquake for around 50 years. The earthquake, measuring 8.8 Mw, was located 60 miles (100 kilometers) north-northwest of Chillan and 205 miles (330 kilometers) southwest of ... Continue Reading »
Earthquake in Taiwan
A strong earthquake struck southern Taiwan at 0:18 UTC earlier today, causing minor damage and disrupting transport. The earthquake, measuring 6.4 Mw, was located 25 miles (40 kilometers) west-northwest of Taitung and 40 miles (60 kilometers) east-southeast of Tainan, according to the US Geological Survey (USGS). The USGS added that the quake was centred about 14.4 miles (23.1 ... Continue Reading »
8.8 Mw Earthquake in Chile
A massive earthquake struck off the coast of Maule in Chile at 06:34 UTC on February 27(03:34 local time), causing severe damage across of the country and claiming more than 700 lives in Chile's biggest earthquake for around 50 years. The earthquake, measuring 8.8 Mw, was located 60 miles (100 kilometers) north-northwest of Chillan and 200 miles (325 kilometers) southwest of ... Continue Reading »
Earthquake in California
A powerful earthquake struck off the coast of northern California at 0:27 UTC on 10 January (04:27 on 9 January local time), cutting power to towns in the region and causing minor damage to homes and business. The earthquake, measuring 6.5 Mw, was located 27 miles (43 kilometres) west of Ferndale and 33 miles (53 kilometres) west-southwest of Eureka, according to the US ... Continue Reading »
