Risk
How a Doomed U.S. Cargo Ship Collided With Hurricane Joaquin
The ill-fated U.S.-flagged El Faro cargo ship sunk by Hurricane Joaquin was sailing at near full speed into the center of the storm before it lost propulsion amid mountainous waves and brutal winds, ...
Public Pension Funding Lawsuit Tossed by New Jersey Judge
A New Jersey judge on Thursday threw out a lawsuit by trustees for the state's public pension funds that sought nearly $4.1 billion of contributions into the retirement system. The suit was one of ...
Hamilton CEO Duperreault: Tech Improvements Boost Carriers and Brokers
Technology can transform and improve how the property/casualty insurance industry works on both the carrier and broker sides of the equation, asserts Hamilton Insurance Group CEO Brian Duperreault. ...
What Black Swan Author Nassim Taleb Has to Say About Insurance
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2015. When Nassim Nicholas Taleb addressed a group of insurance executives recently, the author of the book "The Black Swan" was pretty ...
Watch This Video: Guy Carpenter’s David Priebe Considers The Future of Alternative Capital
Insurance linked securities, cat bonds, or collateralized reinsurance are no longer a novel thing. They're embedded in many insurance company capital frameworks, and, as a result, a routine part of ...
California Wildfire Insured Losses Surpass $1B: Impact Forecasting
With a month to go for the peak California wildfire season, insured losses already surpassed $1 billion in September - the costliest and most damaging for the U.S. in eight years, according to Impact ...
A.M. Best: Half-Year Results Hint at Year Three of Underwriting Profits
The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the first half of the year and barring any late year ...
Lloyd’s Insurer Waiting List Reaches 327-Year Record
The waiting list for an insurer to get a spot on the underwriting floor of Lloyd's of London is the longest in its 327-year history, indicating record demand for access to the market. Lloyd's has ...