Average annual insured catastrophe losses increased by approximately $19 billion in a year, the highest estimate Verisk has reported to date Despite a season with no U.S. hurricane landfalls, estimated losses exceeded $100 billion for a sixth consecutive year Exposure growth, rising reconstruction costs and continued development in catastrophe-prone areas are pushing potential losses higher,…
Chinese President Xi Jinping has called on world leaders to create an environment of “universal security”, and firmly prevent external forces from interfering in the internal affairs of other…
Seoul stocks eked out modest gains Tuesday, as corporate buying helped the KOSPI hold above 6,800 despite net selling by retail, foreign and institutional investors.
The NZD/USD pair attracts some sellers following a modest intraday uptick to the 0.5930 region and languishes near the lower end of its daily range during the early European session on Tuesday.
