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New Zealand makes changes in earthquake-prone buildings its assessment to reduce costs

by AIP Online Bureau | Sep 29, 2025 | Disaster & Management, Eco/Invest/Demography, International News

“While well intentioned, the current system for assessing and managing seismic risk in buildings places an overwhelming financial burden on building owners,” said Penk. “For many buildings, the price of strengthening runs from hundreds of thousands to several million...
Earthquake destroys villages in eastern Afghanistan, kills at least 600 people

Earthquake destroys villages in eastern Afghanistan, kills at least 600 people

by AIP Online Bureau | Sep 1, 2025 | Disaster & Management, Eco/Invest/Demography, International News

The quake late Sunday hit a series of towns in the province of Kunar, near the city of Jalalabad in neighboring Nangahar province. The 6.0 magnitude at 11:47 p.m. was centered 27 kilometers (17 miles) east-northeast of the city of Jalalabad in Nangarhar province, the...

Liberty Mutual Reinsurance and Safehub launch parametric earthquake insurance solution

by AIP Online Bureau | Aug 27, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

ShakeNet Parametric reduces basis risk for parametric re/insurance policies, better aligning payout with actual losses. The scalable nature of Safehub’s technology allows for rapid and dense deployment of sensors, enabling risk transfer solutions even in...

Powerful quake in Russia’s far east causes tsunami, Japan and Hawaii order evacuations

by AIP Online Bureau | Jul 30, 2025 | Disaster & Management, Eco/Invest/Demography, International News

The shallow earthquake damaged buildings and injured several people in the remote Russian region, while much of Japan’s eastern seaboard – devastated by a 9.0 magnitude earthquake and tsunami in 2011 – was ordered to evacuate. Workers evacuated the...
Rains add to challenge for Myanmar quake relief, toll at 3,471

Rains add to challenge for Myanmar quake relief, toll at 3,471

by AIP Online Bureau | Apr 6, 2025 | Eco/Invest/Demography, International News

In neighbouring Thailand, authorities said that country’s death toll from the quake had risen to 24. Of those, 17 died at the site of a skyscraper in the capital, Bangkok, that collapsed while under construction. A further 77 were still missing there. BANGKOK:...
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