April 04, 2005
Cooperation between vrs universe Partners -Earthquake and Tsunami in Southern Asia.


Asia | Singapore
vrs Insight Asia Pte. Ltd.




Between 0745 and 0815 hours on Sunday, 26 December 2004 an undersea earthquake measuring 9 on the Richter scale erupted in the Indian Ocean. Its epicentre was 30 kilometres under the seabed and 250 km south-west of Banda Aceh, Sumatra. The earthquake triggered powerful and devastating tsunamis reaching 20-30 metres in height and these moved through neighbouring parts of the Indian Ocean at over 700-800 km per hour wrecking coastal areas in India, Sri Lanka, Thailand, Malaysia and the Maldives, as well as in Myanmar, the Seychelles and Somalia. The tsunamis swept debris, flooded coastal areas and wiped away homes and buildings, roads and bridges, water and electricity supplied, crops, irrigation and fishery infrastructure, food and fuel networks. The grim reality and terrible loss of life resulting from this natural disaster touched the hearts of all our members throughout the world and prompted many of us to respond in one way or another on a private level. Professionally, our vrs universe team have spent the last few months diligently surveying damage (both marine and non-marine) in the affected countries. Immediately after the terrible news broke, our Asian team headed by Nehemiah Neo of our Singapore Office began receiving hourly reports on the status of damage to infrastructure, marine and shipping interests and commercial property risks. Our international resources were dispatched as needed to support our Asian colleagues. One of the largest property losses is currently being handled in cooperation between our French and Singapore partners within the scope of a global programme. The Insured