A U.S. Air Force KC-135 Stratotanker — one of the most critical assets in American military aviation — vanished from radar over the Strait ...

Mumbai's commercial insurance market is experiencing a significant premium drop as insurers slash rates to secure large corporate clients. ...

A major winter storm that hit the United States in recent days is expected to cause billions of dollars in insured losses, ⁠analysts at bro...

Businesses and industrial units will see increased premiums for fire and engineering insurance starting January. Catastrophic events like f...

A worldwide tech outage caused by a cybersecurity firm's software update has led to possible business interruption claims across various in...

A SBI report published in July said that India ranks third after the US and China in recording the highest number of natural disasters sinc...

The overall impact on property insurance rates would be marginal because catastrophic risks are one component of the policy.

On account of natural catastrophes, the industry is expecting premium rates to harden on April 1, when most corporates will renew their pro...

"According to estimates, economic losses from both natural catastrophes and man-made disasters reached $ 37 bn in the first half of 2015," ...

GIC Re has the expertise of managing the terrorism pool effectively and the same would be applied for supervising the proposed catastrophic...

Indian bond investors will soon get a novel product — catastrophe bonds from the state-run reinsurer, but it will be a high risk and high-r...

The Indonesian earthquake may force reinsurers to impose new restrictions and lead to increase in premium and deductibles.

Stung by mammoth claims from natural calamities, reinsurers are imposing a limit on the maximum liability that non-life insurers can claim ...

Economic losses arising out of very severe natural catastrophes during the first six months of 2011 have surpassed all previous records.

The total economic loss is estimated at around $409 billion. The insured loss, however, is estimated to be around $40 billion.

Expert also said the global re-insurance companies, like Munich Re or Swiss Re, might have to enhance their natural catastrophe budget for ...

It is not just the financial crisis that is proving costly for economies, but natural and man-made disasters are also eroding global wealth...