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.
U.K.-based insurance technology firm Skyline Partners Ltd., Howden Broking Group Ltd., and reinsurer Munich Reinsurance Co. have partnered to develop a parametric hurricane insurance product for the Jamaican Co-operative Credit Union League.
Colombian authorities declared a state of emergency on April 23 after weeks of severe rains, floods and landslides have caused heavy destruction and killed many people.
Ecuador-based national oil company EP Petroecuadors ship carrying nearly 1,981 gallons of diesel fuel sank near the ecologically sensitive Galapagos Islands on April 23, spilling fuel in the bay.
The U.S. Geological Survey said that a 6.7-magnitude earthquake struck off the western coast of Nicaragua near Masachapa on April 21, with strong tremors being felt as far as the countrys capital Managua.
Carmaker Volkswagen AG suspended all the production at its factory located in Anchieta in the Brazilian municipality of Sao Bernardo do Campo this week due to the shortage of semiconductor chips.
Mexican state-owned petroleum company Petroleos Mexicanos SA was forced to shut down 26 processing units at its refinery located in Salina Cruz in the Mexican state of Oaxaca after a fire broke out at the refinery on April 16.
enezuela state-owned electricity company Corporacion Electrica Nacional SA said that 10 out of 23 states of the country suffered blackouts on April 17.
A strike by Argentine grain truck drivers continues after talks over freight rate hikes reached an impasse, increasing the risk for corn and soy exports during the key harvest season.
Traffic stoppage on the crucial Pharr-Reynosa International Bridge between Mexico and Texas amid Mexican truck drivers protest is costing more than $100 million per day.
Aon PLC has named Paula Ferreira chief executive of Reinsurance Solutions, Latin America, replacing Pablo Munoz, who has been appointed as strategic growth leader of global facultative reinsurance and chairman of Aons Reinsurance Solutions in Latin America.
Chile has sued miners BHP Group Ltd., Antofagasta PLC and Albemarle Corp. over their extraction activities that have allegedly caused environmental damage to the countrys Salar de Atacama salt flats.
A fire at Costa Sur power plant in Puerto Rico on April 6 caused a massive power outage that left nearly 350,000 customers without electricity and disrupted rail operations.
London's Court of Appeal has agreed to hear a £5 billion ($6.6 billion) lawsuit against Anglo-Australian miner BHP Group Ltd. over Brazils Fundao dam collapse in 2015, Saltwire reported citing Reuters. Around 200,000 Brazilian claimants, including businesses.
Truckers protesting since March 28 against rising fuel prices blocked dozens of major roads across Peru causing major traffic disruptions.
The Mexican government has launched a project in association with Insurance Development Forum, the United Nations Development Programme and the German government to develop a parametric insurance solution for climate-vulnerable smallholder farmers.