by AIP Online Bureau | Aug 15, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
“This is the largest natural disaster we’ve ever experienced,” Hawaii Governor Josh Green said The death toll makes the wildfire the deadliest since 1918, when 453 people were killed in Minnesota and Wisconsin by the Cloquet & Moose Lake Fires, according to the...
by AIP Online Bureau | Aug 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
A U.S.-backed maritime group called the International Maritime Security Construct “is notifying regional mariners of appropriate precautions to minimize the risk of seizure based on current regional tensions, which we seek to de- escalate. Vessels are being advised to...
by AIP Online Bureau | Aug 15, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Toyota Motor Corp., Mitsubishi Motors Corp., Honda Motor Co. and Suzuki Motor Corp. said operations won’t be affected by the typhoon because their manufacturing plants are closed during the annual break Tokyo: Typhoons are becoming more frequent and severe, causing...
by AIP Online Bureau | Aug 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Median home insurance premiums surged 28% to A$1,894 ($1,240) in the year to March 31, according to a report released Monday by the Actuaries Institute. Premiums in the highest-risk properties — such as those in flood or bushfire-prone areas — shot up 50%, it said...
by AIP Online Bureau | Aug 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Firing on a merchant vessel will ratchet up already acute concerns among shipowners, insurers and commodity traders about the potential dangers of getting ensnared in the Black Sea – the main route that both Ukraine and Russia use to get their agricultural produce to...
