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Automotive Coatings Market Size Set to Exceed $28 Billion by 2022

2016-05-25 20:06:37| Coatings World Breaking News

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UK winter floods to cost insurers $2 billion in pay-outs

2016-05-25 08:53:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Flood damage in Britain from winter storms has resulted in claims for more than 15,000 homes and businesses and is likely to lead to pay-outs of 1.3 billion pounds ($1.9 billion), the Association of British Insurers estimates. Three winter storms in northern Britain resulted in average household claims of 50,000 pounds, the ABI said on Wednesday, compared with 31,000 pounds during 2013/2014, and an average claim of 25,000 to 30,000 pounds. The higher claims reflected extensive flood damage...

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Ares Capital to Buy American Capital in $3.4 Billion Deal

2016-05-23 20:55:00| National Real Estate Investor

Devin Banerjee Ares Capital Corp., the publicly traded lender managed by alternative-investment firm Ares Management LP, will acquire American Capital Ltd. for $3.4 billion. read more

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Sri Lanka floods expected to cost at least $1.5 billion

2016-05-23 12:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The cost of Sri Lanka's landslides and floods will be between $1.5 billion and $2 billion at the minimum, the government said on Monday, as the Indian Ocean island struggles to recover from its worst natural disaster since the 2004 Asia tsunami. The official death toll has risen to 92 but 109 people are feared to have been buried in landslides. Days of torrential rain forced more than 350,000 people from their homes, though many were returning on Monday. Finance Minister Ravi Karunanayake...

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Humanitarian Summit Aims to Mobilise Up to 30 Billion Dollars

2016-05-23 11:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: The two-day World Humanitarian Summit (WHS), opening today May 23 in Istanbul, aims at mobilising between 20 and 30 billion dollars to face the on-gowing, worst-ever humanitarian crises, said Stephen O'Brien, UN Under-Secretary-General for Humanitarian Affairs andEmergency Relief Coordinator. "Let us not underestimate the gravity of what lies before us in these coming days: A once in a generation opportunity to set in motion an ambitious and far-reaching agenda to change the way that we alleviate,...

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