by AIP Online Bureau | Apr 3, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Taiwanese television showed buildings in Hualien shaken off their foundations. The strong quake knocked out power in several parts of the city In the capital, Taipei, tiles fell from older buildings and within some newer office complexes. Train service was suspended...
by AIP Online Bureau | Jan 28, 2024 | Disaster & Management, Indian News, Risk Management, Technology
“The scientific study was done to ensure the structural safety of the temple for the Maximum Considered Earthquake, equivalent to a 2,500-year return period, The entire superstructure has been constructed using Bansi Paharpur sandstone, embodying a dry jointed...
by AIP Online Bureau | Jan 7, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Nuclear power plants dot the coast of mountainous Japan, which is prone to earthquakes and tsunamis due to its location on the seismically active “Ring of Fire” around the Pacific Ocean The powerful earthquake that hit Japan’s western coast on New Year’s Day has...
by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
Catastrophe modeling firm Karen Clark & Co. said, total insured losses from the quake will reach $6.4 billion, with residential losses accounting for over two-thirds of the total Chanyoung Lee, director, analytics, AM Best, said “While the earthquake losses...
by AIP Online Bureau | Dec 19, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
About 400 people were injured, thousands of buildings collapsed and some infrastructure were damaged, according to state media Beijing: Chinese leader Xi Jinping called for efforts to minimize casualties after an impoverished region in the northwest was hit by an...
