Skip to main content

Posts

Global disasters caused $140bn economic losses in 2019

January 1, 2020: Total economic losses from natural and man-made catastrophes fell to around USD 140 billion in 2019 from USD 176 billion last year,  Swiss Reinsurance Institute said. Global insured losses are estimated to be around USD 56 billion, down from USD 93 billion in 2018 and below the annual average (USD 75 billion) of the previous 10 years.  Related Post:  5 quick tips before purchasing flood insurance Globally, more than 11 000 people have died or gone missing in disaster events in 2019 . Climate change is leading to more frequent and more severe secondary peril events, which manifest in different ways: more local flooding, torrential rains, prolonged drought, severe wildfires and other extreme weather events.  The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. Are you prepared for the next natural disaster in your area ? Na
Recent posts

4.9 magnitude earthquake rattles Taplejung, Nepal

 November 8, 2020: A moderate earthquake of magnitude 4.9 has been recorded in eastern Taplejung district of Nepal at 03:29 am. According to the Nepal's National Earthquake Monitoring and Research Center, the earthquake's epicenter was located inside Kanchajunga Conservation area near Olangchung Gola. The epicenter is far from the residential area. No damage is expected.

Which country suffered an 8.9 earthquake and tsunami in March 2011?

Q: Which country suffered an 8.9 earthquake and tsunami in March 2011? A: Japan suffered an 8.9 earthquake and tsunami in March 2011. The 2011 Japan earthquake was the most powerful earthquake ever recorded in Japan. It is the fourth most powerful earthquake in the world. Japanese officials confirmed 15,899 deaths and 6,157 people being injured. The United States Geological Survey (USGS) initially reported as 7.9 Mw earthquake. It was revised to 8.9, then 9.0 and finally 9.1.

When was the 7.1 earthquake in Alaska?

Q: When was the 7.1 earthquake in Alaska? A: The last magnitude 7.1 earthquake in Alaska was on November 30, 2018.  The 2018 Alaska earthquake's epicenter was located near Point Mackenzie, about 16 km north of Anchorage. The earthquake's epicenter was located at a depth of 47 km. A federal disaster was declared shortly after the 7.1 magnitude earthquake in Alaska in 2018. The earthquake caused damage of at least US$30 million in Anchorage.

7.5 earthquake near Sand Point, Alaska prompts tsunami warning

October 20, 2020: A magnitude 7.5 earthquake near Sand Point, Alaska Peninsula triggered a tsunami warning causing locals to evacuate to higher ground. According to the U.S. Geological Survey (USGS), the earthquake’s epicenter was located in the North Pacific Ocean about 55 miles southeast of Sand Point. The earthquake caused a tsunami warning along roughly 500 miles of the Alaska Peninsula coastline . The warning extended from Kennedy Entrance, 40 miles southwest of Homer, to Unimak Pass, 80 miles northeast of Unalaska. The tsunami waves reached a height of 2.2 feet above the tide in Sand Point. According to the USGS, the 7.5 earthquake in Alaska occurred as the result of strike-slip faulting near the subduction zone interface between the Pacific and North America plates, either within the upper (North America) Plate or within the downgoing (Pacific) slab.  Large earthquakes are common in the Alaska-Aleutian subduction zone. Eight earthquakes of magnitude greater than magnitude 7.0 h

Magnitude 4.2 earthquake in Mirpur, Azad Kashmir

 October 19, 2020: A light earthquake of magnitude 4.2 has been recorded near Mirpur, Azad Kashmir at 01:05 am. According to the Pakistan Meteorological Department, the earthquake's epicenter was located 8 Km North of Mirpur, AJK. The earthquake occurred at 16 km depth. The tremor was felt by the people of Mirpur and as far as Jhelum. A strong earthquake of magnitude 5.6 in Azad Kashmir in September last year claimed lives of 40 people.