Swiss Re Sees Its Tsunami Claims Below SF100 Million
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Swiss Reinsurance Co., the world&#39;s second-largest reinsurer, expects its claims from the Asian tsunami disaster to total less than 100 million francs ($88 million).
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Munich Re, the world&#39;s biggest reinsurer, has issued a bulletin concerning possible losses from the tidal waves that struck many countries around the Indian Ocean on Dec. 26, which estimates the company&#39;s
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The cost in human life of the Boxing Day tsunamis is appalling by any measure but the economic impact of one of the world's worst natural disasters is likely to be minimal in the longer term, according to Australian analysts.
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Although the Earthquake activity remains quite low in the volcano, part of the crater has risen almost 100 feet in the last couple of days.
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Losses for the global insurance industry from the devastating earthquake and tsunami waves in Southeast Asia are likely to be sharply below claims from the hurricanes in Florida earlier this year, as the ...
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A leading Swiss wave specialist has warned that predicting the effects of giant waves, such as the Indian Ocean tsunami, will remain difficult.
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With world and regional leaders meeting in Indonesia to discuss their response to the Asian tsunami disaster, papers in Germany and France attempt to gauge just how much aid is required.
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Switzerland is to give $2 million (SFr2.29 million) to help rebuild a village in Thailand which was devastated by last week's tidal waves.
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Credit Suisse says first-quarter profit will be $1bn less than forecast after a write-down.
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US companies are expected to contribute hundreds of millions of dollars in relief aid to tsunami-hit Asia, but some may be slower to help since the sudden disaster
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FRANKFURT: German insurance companies said Monday it was too early to assess the costs from the deadly tidal waves that battered South Asia at the weekend.
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The international Red Cross said Wednesday that the death toll from this week's earthquake and tsunamis in the Indian Ocean could rise to more than 100,000.
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More than 100 tourists on diving holidays are missing on islands off southern Thailand following the tsunamis, about 70 of them in the famed Emeral Cave, a tourist official has said.
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Areas hit by the Asian tsunami could take up to 10 years to recover, UN secretary general Kofi Annan warns.
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Major reinsurers will face new costs after the catastrophe caused by the tsunamis in southern Asia, though experts say the financial impact is likely to less than that of other disasters this year.
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The Red Cross says the death toll from one of the worst tsunamis in history could top 100,000, as more bodies are found from India to Indonesia.
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PARIS, Jan 17 (IPS) - After the race to give more and more to tsunami  victims comes a test of the opposite; who will be among the first  to say that enough is enough.