2017 saw approximately USD 330 billion in losses from natural disasters worldwide, of which around USD 135 billion were insured, according to a Munich Re report. It was the second costliest year on record, only surpassed by 2011. Latin America was no exception to the trend, as a number of natural catastrophes hit the region last year.
Showing posts with label Mexico. Show all posts
Showing posts with label Mexico. Show all posts
Wednesday, January 24, 2018
Monday, November 20, 2017
Earthquake Experts Urge Acceleration of California Retrofitting Requirements
On September 19, 1985, more than 5,000 people in and around Mexico City lost their lives when the 8.0 magnitude Michoacán earthquake collapsed 412 buildings and seriously damaged several thousand more. Many of the buildings that collapsed were older structures built of unreinforced masonry. But newer multi-story buildings built of reinforced concrete actually fared the worst.
Tuesday, September 19, 2017
Earthquakes & Hurricanes in Mexico (Any End in Sight?): Tips for International Insurers
A powerful 8.1 magnitude earthquake struck southern Mexico late Thursday, September 7, 2017. According to the U.S. Geological Survey, the epicenter of the earthquake was in the Pacific Ocean off the coast of the state of Chiapas – the southernmost state in Mexico. Because of the magnitude of the quake, its effects were felt throughout Mexico and as far north as Mexico City – 600 miles from its epicenter. Approximately 50 million people across Mexico felt the tremors from the quake. The earthquake, one of the most powerful ever recorded in Mexico, toppled hundreds of buildings, and killed at least 61 people.
Friday, September 1, 2017
A New Arrival Threatens Mexico’s Tourism Industry: Tropical Storm Lidia
Tropical Storm Lidia may be in the shadows of the extensive Hurricane Harvey coverage, but it is certainly nothing to ignore. While news of the floods and devastation in Texas dominate the media outlets, Tropical Storm Lidia is bound to leave its mark by the sheer potential for large-scale property damage to Los Cabos’s bustling hospitality industry.
Subscribe to:
Posts (Atom)