International
Power Outages In Calgary Could Last For Months After Floods
Power outages in the Canadian oil capital of Calgary could last for weeks or even months, city authorities said on Sunday, as record breaking flood waters moved downstream to threaten smaller ...
Calgary To Begin Flood Cleanup As Downtown To Remain Closed
Calgary's downtown, home to Canada's oil industry, will remain closed through the early part of this week after swollen rivers flooded parts of the city, cutting off power and forcing evacuations. At ...
What Should Carrier Execs, Directors Ask About Terror Risk?
As carrier executives and members of carrier boards work to get more comfortable with the risks their property/casualty insurance enterprises are taking on, one risk they will likely want to ...
West Africa Piracy Surge Costs Global Economy Nearly $1B; Insurance Costs Rise
Pirate attacks off West Africa's mineral-rich Gulf of Guinea have almost doubled from last year and threaten to increase the costs and jeopardize the shipping of commodities from the region. The Gulf ...
Insured Flood Losses In Germany At Least $5 Billion: AIR Worldwide
Catastrophe modeling firm AIR Worldwide estimates insured losses in Germany from the recent floods in central Europe at between $5.3 and 7.8 billion (EUR 4.0 billion and EUR 5.8 billion), adding that ...
Soggy British Weather Likely To Stay: Scientists
The best advice for visitors to Britain—pack an umbrella—is more vital than ever. Weather scientists said Tuesday that a country that has been unusually soggy in recent years is not likely to dry ...
Not Just Lip Service: Swiss Re Halts 23 Deals Violating Environmental Principles
Swiss Re released a report to measure its compliance with sustainability principles that it helped to create, revealing in the report that the reinsurer declined to enter into 23 business ...
Tax Dodges In The Crosshairs At G-8 Summit
World leaders at the G-8 summit declared Tuesday that governments must work together to close loopholes that allow multinational corporate giants to avoid paying taxes in their home countries. In a ...