Insured losses from global catastrophes and man-made disasters reached $37 billion in 2015, well-below the $62 billion average of the previous 10 years. The Tianjin explosions caused the biggest insured loss, according to the latest Swiss Re sigma study. There …
The son of a former police chief is one of two silent owners of the warehouse for hazardous materials in Tianjin where explosions killed at least 114 people, and used his connections to help obtain licenses despite safety violations, Chinese …
Two explosions in the Chinese port of Tianjin last week that killed more than 100 people could generate total insurance losses of $1 billion to $1.5 billion, Credit Suisse analysts said, citing initial estimates based on Chinese media reports. Tianjin, …
Authorities pulled more bodies from a massive blast site in the Chinese port of Tianjin, pushing the death toll to 112 on Sunday as teams scrambled to clear dangerous chemical contamination. More than 700 people were injured and 95 people, …