by AIP Online Bureau | Jun 29, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Direct physical damage is estimated at $6.7 billion (range of $4.7 billion to $8.7 billion), driven by losses to housing and economic assets, according to the preliminary assessment. This does not include infrastructure damage, wider economic disruption and...
by AIP Online Bureau | Jun 4, 2026 | International News, Non-Life, Reinsurance, Technology
Researchers at the Lloyd’s insurer found so called “supershear” earthquakes accounted for 66% of insured losses from earthquakes since 2016 – equivalent to $13.2 billion – yet are absent from seismic hazard models, building design codes and insurance catastrophe...
by AIP Online Bureau | Feb 27, 2026 | Eco/Invest/Demography, International News
The epicentre of the quake was at a place named Nayabazar in Bangladesh, some 100 km from Kolkata.The USGS said the earthquake was located at latitude 22.451°N and longitude 89.139°E, at a depth of 9.8 kilometres.There was no immediate report of any loss of life or...
by AIP Online Bureau | Jan 18, 2026 | Disaster & Management, Indian News, Risk Management, Technology
The ‘Hysteretic Tuned Mass Dampers (HTMDs)’ technology is a specialised system designed to reduce vibrations in high-rise buildings caused by wind and earthquakes.By controlling building movement, it enhances stability and occupant comfort. New Delhi:...
by AIP Online Bureau | Oct 1, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The Southeast Asian archipelago is one of the most seismically vulnerable countries on the planet, often experiencing more than 1,000 quakes a year A magnitude 6.9 earthquake struck in waters near the island of Cebu in the central Philippines late on Tuesday, the...