Risk
Reinsurers Successfully Protect Themselves With Strong Enterprise Risk Management: S&P
The reinsurance sector's focus on strong enterprise risk management (ERM) frameworks is helping them weather the many headwinds hitting both the asset and liability sides of their balance sheets, ...
Chubb Division May Sue Over Tesla Autopilot Crash
A Texas man said the Autopilot mode on his Tesla Model S sent him off the road and into a guardrail, bloodying his nose and shaking his confidence in the technology. He doesn't plan to sue the ...
UK Officials Reportedly Will Pull Brexit Start Trigger by April 2017
Prime Minister Theresa May's team is still leaning toward the first part of 2017 as the best moment to trigger the start of formal talks over the U.K.'s withdrawal from the European Union, according ...
How a Solar Storm Almost Sparked a Nuclear War
A solar storm that jammed radar and radio communications at the height of the Cold War could have led to a disastrous military conflict if not for the U.S. Air Force's budding efforts to monitor the ...
Natural Catastrophes Created $31B in Global Insured Losses Through H1: Swiss Re’s Sigma
Global insured losses from natural catastrophes and man-made disasters during the first half of 2016 reached US$31 billion, or 44 percent of total economic losses of US$71 billion, according to a ...
Beazley Launches Revenue Protection Cover for UK Events Hit by Wet Weather
London-based insurer Beazley has launched "Cancellation Plus" for the event industry in the United Kingdom, offering event organizers revenue protection for reduced ticket sales and concessions when ...
Environmental Risk: Investors Worrying about Data Centers’ Water Use
Data centers, used by governments and large corporations to house their computer systems, have one big environmental problem: They get hot. To keep them from overheating, large data centers can pump ...
Carl Icahn is Pleased. Can AIG CEO Peter Hancock Exhale Now?
Carl Icahn, who won representation to the board of American International Group Inc. after threatening a proxy battle, said he's warming to the approach of the insurer's chief executive officer. " ...