Earthquakes
Insurer and Christchurch City Council in earthquake dispute
The Christchurch City Council is in dispute with its insurer Civil Assurance over payouts from the devastating 2011 earthquake.
Natural Catastrophes: Extreme reaction
The Insurance Council of Australia’s natural catastrophe coordination initiative is an example of how an industry can collaborate to respond quickly and effectively to extreme weather events.
Europe: Natural catastrophes - more than storms in a teacup
‘Acts of God' were relatively benevolent last year, with insurers more stirred than shaken by reported losses.
New Zealand Earthquakes: Kiwi crisis
New Zealand insurers were exposed to intense pressure following the devastating earthquakes in Canterbury in 2010 and 2011. Post investigates the lessons learned from these events for insurers in both New Zealand and the UK
Regional review: New Zealand
There is more to the New Zealand insurance industry than handling natural disaster claims, a fact that may have been forgotten following the Christchurch earthquake events four years ago. Post caught up with a range of New Zealand industry insiders to…
Canterbury earthquakes could cost Lloyd's £2.8bn
Lloyd's has paid out NZ$4.2bn (£2bn) for the 2010 and 2011 Canterbury earthquakes in New Zealand and estimates a further payout of NZ$1.6bn.
Magnitude 6 earthquake rocks Yunnan province, China
Yesterday evening a magnitude 6 earthquake killed one and injured over 300 people in Yunnan, in South-West China.
Less than 6% have earthquake cover in Napa County
One of the reasons the insured damage of the 24 August earthquake was relatively small was because of lack of cover.
Napa earthquake insured losses limited to £152m, says RMS
Insurance claims from the earthquake in Napa Valley near San Francisco on 24 August will cost no more than $250 (£152m) according to catastrophe risk management firm RMS.
San Francisco rocked by magnitude 6.0 earthquake
Strongest earthquake in 25 years causes damage to buildings and three very serious injuries.
Earthquake in China kills over 500; causes extensive damage
A magnitude 6.1 earthquake in Yunnan, a province in South China, killed at least 589 people and injured more than 1 800.
C-Suite: Japanese risks
Japan's risks are varied with earthquakes the major hazard. Simon Wallington, based in Tokyo, explores the different kinds of risks of doing business in the country.
Double figure hike for Japanese earthquake premiums
Japanese non-life insurers are expected to raise earthquake insurance premiums by an average of 15.5% according to a report in the Jiji Press.
17 injured in Tokyo quake
A magnitude six earthquake south of Tokyo disrupted transport and injured 17 people.
Chile earthquake damage expected to be limited
According to AIR Worldwide, several homes have been destroyed but overall there have been no major reports of damage from the 8.2 magnitude earthquake that struck off the coast of Chile earlier in the week.
Five dead as 8.2 magnitude earthquake hits Chile coast
A tsunami warning is in place for the Pacific coast after a 8.2 magnitude earthquake occurred last night around 80km off the coast of Chile.
Chinese catastrophe insurance scheme "to be launched within a year"
Moody's expert suggests Chinese social security reforms will help launch a government backed catastrophe scheme by the end of 2014.
Europe: Disaster area?
More people than ever before are being exposed to natural disasters due to the increase in global urbanisation, according to a recent report from the Institution of Mechanical Engineers.
Disaster preparedness should top agenda says IMechE
The rapid growth in the number of people living in cities and urban landscapes is increasing the world’s susceptibility to natural disasters, according to a report by the Institution of Mechanical Engineers.
Magnitude 7.7 quake hits Pakistan
A magnitude 7.7 earthquake struck southern Pakistan on Tuesday at 4:29pm local time, according to catastrophe modeling firm AIR Worldwide.
AM Best Commentary: Future forecast
In a highly competitive market for UK general insurers, property continues to be the best performing line, while motor and home experience underwriting losses.
China earthquake was Asia's costliest disaster in July
According to Impact Forecasting, part of Aon Benfield, the July Gansu province earthquake in China caused $3.25bn of economic losses.
Earthquake strikes Japan; no damage reported
A magnitude 6.0 earthquake struck off the coast of Japan yesterday (4 August) but there was no reports of damage.
Philippines considers mandatory earthquake cover
Lawmakers in the Philippines are considering a bill to recommend mandatory earthquake insurance.