International
Typhoon Neoguri Slams Japan: Thousands Urged to Take Shelter
Japan's weather agency warned of storms and high waves as Typhoon Neoguri skirted the country's islands of Okinawa, grounding flights and prompting some to flee their homes for emergency shelters. ...
Arch Shakes Up Exec Roster to Back Expansion Plans
Arch Capital Group Ltd. has taken steps over the last year to grow its mortgage insurance and reinsurance business, and has shaken up its executive roster in order to accommodate the expansion. Among ...
Okinawa At Risk as Super Typhoon Neoguri Nears Japan
High winds, crashing waves and a dangerous storm surge may strike Okinawa, including its capital Naha, as Super Typhoon Neoguri nears Japan. Neoguri carried maximum sustained winds of about 150 miles ...
At Least 5 Die in Quake That Struck Mexico and Guatemala
An early morning earthquake centered in southern Mexico killed at least five people, damaging homes and blocking some roads in neighboring Guatemala. A 6.9 magnitude earthquake struck along the ...
Thousands in Canada Lose Power After Arthur’s Atlantic Tantrum
Crews were working to bring back electricity to thousands of homes in Atlantic Canada Sunday after post-tropical storm Arthur swept through the area. More than 130,000 customers of New Brunswick ...
Governments Will Gain Free Access to RMS Cat Modeling Technology
RMS said it will give governments free access to its new catastrophe modeling software program through a new initiative with The World Bank and United Nations. A particular goal here is to increase ...
Swiss Re to Grab Chinese Insurer From RSA For $120M
Swiss Re disclosed it is snatching up a Chinese company from RSA Insurance Group for about $120 million as part of a plan to grow its corporate insurance arm. The Zurich reinsurance giant said its ...
Insurance Trade Agreements Are Good for Consumers and Markets: PCI Opinion
You can be sure critics are already getting ready to pounce on a preliminary draft of the financial services section of the Trade in Services Agreement (TiSA), invoking the usual rhetoric about the ...