Tag

A dozen people, including four children, were killed yesterday by mudslides the struck the central Colombian town of Marquetalia in the middle of the night.

Rain and severe weather have led to the collapse of at least 14 houses, but no deaths, significant injuries, or missing people have been reported.

Though lower profitability won't affect the ratings of most reinsurers, "a couple of highly leveraged companies could suffer downgrades," stated Fitch.

More than half of the total, or about $2.3 million USD, will fund the construction of a new administrative center for Mocoa.

Seven have been confirmed dead, 11 are still missing, and more than 130 people have been rescued after disaster struck during a holiday weekend boat trip in Guatapé.

Five people remain unaccounted for after more than 12 hours of rescue efforts and emergency response, said UNGRD.

"The award is a testament to the market’s appetite for our risk models, analytics, and insight,” said Victor Roldán of RMS.

At least 20 people were killed by a building collapse in Cartagena late last week, with more than 20 others also suffering injuries

Floodwaters in Bagadó reportedly reached more than meter high, while the municipalities of Cértegui, Lloró, and Nuquí also experienced significant flooding.

There were no injuries to any of the four crew on board, but one of El Dorado’s runways remained closed for roughly two hours.