resilience reporter

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World Resilience NEWS

One person is displaced by a natural disaster every second—and Asia bears the brunt of the destruction

The world is facing a refugee crisis of historic proportions–the number of people fleeing war and persecution has risen to 60 million–but there is another, huge population being displaced, again and again. Since 2008, an average of 26.4 million people have been displaced by natural disasters every year. That equals about one person a second, according to a new report from the Norwegian Refugee Council and the Internal Displacement Monitoring Centre. Last year 19.3 million people were…

 

Typhoon weakens over China after leaving 22 dead, missing

In this Aug. 8, 2015 photo provided by China's Xinhua News Agency, a man walks against gale in Shishi, southeast China's Fujian Province. Typhoon Soudelor hit the city of Putian in Fujian province late Saturday night and weakened into a tropical storm as it moved across the province. The Fujian Civil Affairs Department said that it collapsed 36 houses and damaged 281 others. (Zhang Guojun/Xinhua News Agency via AP)

In this Aug. 8, 2015 photo provided by China’s Xinhua News Agency, a man walks against gale in Shishi, southeast China’s Fujian Province. Typhoon Soudelor hit the city of Putian in Fujian province late Saturday night and weakened into a tropical storm as it moved across the province. The Fujian Civil Affairs Department said that it collapsed 36 houses and damaged 281 others. (Zhang Guojun/Xinhua News Agency via AP)

Typhoon that lashed Taiwan dumped heavy rain and winds on the Chinese mainland on Sunday, leaving a total of 22 people dead or missing, collapsing homes and trees and cutting power to more than a million homes. Typhoon Soudelor made landfall in China’s Fujian province late Saturday night and was downgraded into a tropical storm as it moved across the region. Rains from the typhoon triggered mudslides in mountainous Pingyang county in Zhejiang province, north of Fujian, killing nine people and leaving three others missing, the county government said…

 

Frequent disasters, demographic changes drive Japanese insurers to expand abroad

Japanese insurers are aggressively expanding overseas because of a spate of natural disasters at home that have cut sharply into their business. Tokio Marine Holdings Inc., for example, announced June 10 it will acquire U.S. HCC Insurance Holdings Inc. for 940 billion yen ($7.64 billion), one of the largest mergers in the company’s history. “Our group companies will be able to support one another by geographically dispersing our offices,” Tokio Marine President Tsuyoshi Nagano said at a news conference. “The strategy will enable us to enjoy a continuous growth in revenues.” Although Japan is prone to frequent…

 

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