Peru says El Nino threat over, waters cooling and fish returning

The worst of the potentially disastrous weather pattern El Nino is now behind Peru and cooling sea temperatures are luring back schools of anchovy, the key ingredient in fishmeal, authorities said on Friday.

General insurers turn cautious on El Nino threat

Fears of a possible El Nino threat to monsoon is likely to turn general insurers cautious in risk-taking, especially in the crop and weather insurance segments, according to industry officials.