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Weather Natural Disasters

  • LONDON, Jan 31- A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120 percent of their net capital base, tests of insurers in London showed. Nine insurers and reinsurers staged two weeks of catastrophe simulations in London last November, dealing with a cyber attack on power...

  • LONDON, Jan 31- A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120 percent of their net capital base, tests of insurers in London showed. Nine insurers and reinsurers staged two weeks of catastrophe simulations in London last November, dealing with a cyber attack on power...

  • LONDON, Jan 31- A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120 percent of their net capital base, tests of insurers in London showed. Nine insurers and reinsurers staged two weeks of catastrophe simulations in London last November, dealing with a cyber attack on power...

  • LONDON, Jan 31- A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120 percent of their net capital base, tests of insurers in London showed. Nine insurers and reinsurers staged two weeks of catastrophe simulations in London last November, dealing with a cyber attack on power...

  • LONDON, Jan 31- A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120 percent of their net capital base, tests of insurers in London showed. Nine insurers and reinsurers staged two weeks of catastrophe simulations in London last November, dealing with a cyber attack on power...

  • SYDNEY, Jan 27- U.S. soybeans slipped on Friday, putting the oilseed on track to record a weekly loss of nearly 2 percent as concerns eased about potential crop damage in Argentina. *Soybeans were under pressure as fears eased of widespread crop damage in Argentina from flooding. *The U.S. Department of Agriculture reported weekly U.S. export sales of old-crop wheat...

  • Jan 24- A powerful storm that killed at least 21 people in the southern United States over the weekend brought snow, heavy rain and gusty winds to the Northeast on Tuesday as searchers combed Georgia tornado wreckage for a missing toddler. The storm, known as a nor'easter, dumped from 6 to 8 inches of snow on New York's Catskills as well as mountains in Pennsylvania...

  • Avalanche hits Italian hotel, leaving 30 feared dead

    An avalanche buried a luxury mountain hotel in central Italy after a series of strong earthquakes shook the area.

  • *Aiming to sell about 100 billion yen of bonds in offering. TOKYO, Jan 18- Tokyo Electric Power Co plans to complete a sale of bonds by the end of March in its first debt offering since the 2011 Fukushima nuclear disaster, three sources close to the matter told Reuters and DealWatch on Wednesday. Tepco is aiming to sell about 100 billion yen of bonds in the offering, two...

  • Sinkhole swallows truck

    A huge sinkhole in Hall County, Georgia swallows a semi-truck.

  • Jan 13- North Dakota Governor Doug Burgum, who took office last month in the height of tensions surrounding the Dakota Access Pipeline, said he believed the line would eventually be built and asked opponents to clean their protest camp before spring floodwaters create a potential ecological disaster. Burgum told Reuters that approval of the pipeline...

  • California floods force residents to evacuate

    A relentless storm drenches parts of northern California, forcing thousands of people to flee.

  • A truck drives on a flooded street on January 10, 2017 in Guerneville, California.

    Authorities urged thousands of people in Northern California to evacuate homes as rivers swollen by four days of heavy rain threatened to crest above flood level.

  • Snowplows clear Highway 88 in Woodford, California. (File photo).

    Winter storm warnings were in effect across much of the western third of the country early Thursday, NBC News reports.

  • FRANKFURT, Jan 4- Insurers paid out around $50 billion for natural disaster claims last year, almost double 2015' s payout of $27 billion, reinsurer Munich Re said in its annual natural catastrophe review on Wednesday. Earthquakes in Japan and devastating floods in China- only 2 percent of whose losses were insured- were the most expensive natural catastrophes of...

  • Supervolcano rumbling under major Italian city

    Scientists say the Campi Flegrei volcano in the south of Italy could be coming closer to erupting.

  • *Soybean edged higher on concerns over Argentina drought. The Chicago Board of Trade most-active soybean contract rose 0.1 percent to $9.90 a bushel by 0240 GMT and wheat added 1 percent to $3.97-1/ 4 a bushel and corn gained 0.8 percent to $3.48-1/ 2 a bushel. Heavy rains that pelted parts of Argentina over the weekend did not reach the southeastern part of the...

  • SANTIAGO, Dec 25- A major 7.6 magnitude earthquake jolted southern Chile on Sunday, prompting thousands to evacuate coastal areas, but no fatalities or major damage were reported in the tourism and salmon farming region. "It was the biggest scare of our lives," said Denisse Alvarado, a resident of the southern Chile fishing town of Quellon, located on Chiloe Island, a...

  • SANTIAGO, Dec 25- A major 7.6 magnitude earthquake jolted southern Chile on Sunday, prompting thousands to evacuate coastal areas, but no fatalities or major damage were reported in the tourism and salmon farming region. "It was the biggest scare of our lives," said Denisse Alvarado, a resident of the southern Chile fishing town of Quellon, located on Chiloe Island, a...

  • SANTIAGO, Dec 25- A major 7.6 magnitude earthquake jolted southern Chile on Sunday, prompting thousands to evacuate coastal areas, but no fatalities or major damage were reported in the tourism and salmon farming region. Chile's National Emergency Office lifted both the evacuation order and a tsunami watch three hours after the Christmas Day quake struck,...