Earthquakes

Study exposes supply chain risks in China

A study commissioned by FM Global revealed a natural catastrophe in China on the scale of the 2011 Japan earthquake and tsunami would have an even more severe impact on supply chains, given the country’s critical role in global manufacturing.

New Zealand market in “state of transformation”

New Zealand’s non-life insurance market is in a state of transformation as it grapples with prolonged earthquake activity in addition to regulatory developments, a new special report from AM Best has found.

Earthquake magnitude 6.9 hits Peru

A magnitude 6.9 earthquake occurred near the coast of central Peru on Saturday at 18:54 UTC (1:54 pm local time)according to catastrophe modeling firm AIR Worldwide.

Editor's comment: Maelstroms on multiple fronts

This week has seen maelstroms on multiple fronts. As the devastation and mass fatalities caused by the Turkish earthquake continue to dominate news headlines, the insurance industry is bracing itself for a different bout of turmoil prompted by another…

Ecclesiastical stops NZ quake cover

Ecclesiastical is to cease writing earthquake cover in New Zealand following the devastating series of earthquakes in Christchurch which contributed to the insurer’s biggest ever losses.

Earthquake hits India

A magnitude 6.9 earthquake occurred in the region of Sikkim, India, on 18 September.

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