LATIN AMERICA
Peru declared a 90-day state of emergency on Sept. 24 in the Peruvian Amazon communities of Cuninico and Urarinas after a recent oil spill in nearby rivers.
Around 5,600 tire industry workers went on a strike in Argentina, forcing tire manufacturers, including Bridgestone Corp. and Pirelli & C. SpA, to suspending production,
According to U.S.-based A.M. Best Co. Inc., business interruption claims are expected to drive insured and reinsured losses from Hurricane Fiona higher as companies struggle to restart operations in the wake of the massive storm.
The U.S. Geological Survey said that a 6.8-magnitude earthquake struck the Mexican state of Michoacan on Sept. 22, causing landslides and damaging buildings, NPR reported citing The Associated Press. This quake.
Argentina's largest oil and gas industry workers union launched an indefinite strike on Sept. 23 following an explosion at the Argentine company New American Oil SAs refinery in Neuquen province that killed three workers.
Chuck Watson of disaster modeling firm Enki Research expects Hurricane Fiona to inflict around $4 billion worth of damage in Puerto Rico and Dominican Republic, as the strong hurricane threatens the Caribbean islands with catastrophic floods and mudslides.
A part of the Brazilian container company Multiteiner Com Loc de Conteineres Ltda.s warehouse near Sao Paulo collapsed on Sept. 20, killing at least nine people, and injuring over 30 others.
Brazilian low-cost airline Gol Linhas Aereas Inteligentes SA has agreed to settle its bribery charges by paying a total of $41.5 million in penalties to U.S. and Brazilian authorities.
According to U.K.-based data analytics firm GlobalData PLC, Mexicos general insurance industry is expected to be worth $26.1 billion in 2026, up from $18.2 billion in 2021.
Peru has sued six companies, including Spanish energy company Repsol, and is seeking $4.5 billion in damages for a major oil spill that was caused by a tanker ship while it was unloading oil at Repsol-owned La Pampilla refinery.
Martin South, president and chief executive officer at Marsh LLC, said that buyers in the insurance and reinsurance markets are weary after 18 consecutive quarters of rate increases.
Brazilian petrochemical firm Braskem SA could face billions of dollars worth of claims if a lawsuit launched in the Netherlands by a group of Brazilians is allowed to proceed.
The U.S. National Hurricane Center said that Hurricane Agatha is expected to hit Mexicos southern Pacific coast on May 30, threatening tourist towns in the Mexican state of Oaxaca.
Bermuda-based reinsurer Everest Re Group Ltd.s insurance division is set to operate in Chile, after securing necessary regulatory approvals.
The U.S. Geological Survey said a 7.2-magnitude earthquake struck near the Azangaro province in southern Peru on May 26, shaking buildings in some cities and even in Bolivias La Paz.
Heavy rainfall over the past few days caused flooding at La Vanguardia Airport in the Colombian department of Meta on May 20, forcing the suspension of airport operations.
Increasing protests by the local communities in Peru over mining activities are threatening around $53 billion worth of mining investments in the country.
Subtropical Cyclone Yakecan made landfall on the coasts of Uruguay and Brazil on May 16, leading to power outages and damages to buildings.
Peru's National Earthquake Center said that a 5.5-magnitude earthquake struck Peru's central coastal region on May 12.
Costa Ricas President Rodrigo Chavez declared a national emergency on May 8 in response to a long-running ransomware attack on the countrys IT systems since April by the Russian hacking group Conti.
A deadly explosion at the five-star Hotel Saratoga in Old Havana, Cuba, caused by gas leak on May 6 left at least 31 people dead and injured more than 50 people while damaging several nearby buildings including the historic Marti Theater.
Marsh & McLennan Cos. Inc. has named Nicolas Delgado chief executive of its Peruvian subsidiary Marsh Peru SA.
Severe rains and floods have affected many states of Venezuela since mid-April, damaging crops, roads, livestock and properties.