Risk
Aon Benfield Sees a Positive Angle In Reinsurance Capital Trends
The roller coaster ride engendered by the entry of large amounts of alternative capital into the reinsurance market – originally seen as a threat – has turned out to be a major factor in ...
Australia Declares a Catastrophe as Wildfires Spread
Crews in South Australia are battling to stabilize wildfires and protect homes as a hot weather forecast in coming days threatens to fan the flames. Firefighters used planes from neighboring Victoria ...
Cyber Victims Warned Against Revenge Hacking
The hacked are itching to hack back. So say a dozen security specialists and former law enforcement officials who described an intensifying and largely unspoken sense of unease inside many companies ...
Southeast Asia Pilots Taking Risks in Overcrowded Skies
The sheer volume of flights in the skies over Southeast Asia is putting pressure on outdated air traffic control and on pilots to take risky unilateral action in crises such as that possibly faced by ...
Willis Re: TRIA’s Demise Leaves Companies Actively Pursuing Alternate Coverage
Companies are actively pursuing alternative coverage to fill in reinsurance gaps left by the demise of TRIA after Dec. 31, Willis Re said in its Jan. 1, 2015 renewals report. "There are many ...
Bank of America’s Countrywide Mortgage Bonds Trigger Ambac Lawsuit
Ambac Assurance Corp sued Bank of America Corp to recoup hundreds of millions of dollars of losses from insuring roughly $1.68 billion of securities backed at least in part by risky mortgages from ...
AAA: Americans Murky on Driving Risks with Pot and Prescription Drugs Alike
About 85 percent of Americans want to see laws that punish drivers impaired by marijuana, even as more states have legalized its recreational use. They remain less worried, however, about driving ...
BlackBerrys Could Serve As Cyber Security Solution
If there's one company that's gotten a bit of good press from the Sony Corp. hacking scandal, it's BlackBerry Ltd. The beleaguered entertainment company dug up old BlackBerrys to use after Sony's ...