Risk
Typhoon Rammasun Costliest Weather Event So Far in 2014
Super Typhoon Rammasun has become the costliest weather event so far in 2014, inflicting $6.5 billion in catastrophe losses in the Philippines and China. That's according to the latest Global ...
Liberty Mutual’s Q2 Net Income Hits Double-Digit Drop
Liberty Mutual Holding Co. Inc. and its subsidiaries reported net income of $393 million for the quarter ended June 30, 2014, down $55 million or 12.3 percent from the same period in 2013. Net ...
Endurance’s Earnings Call Includes Barely a Mention of Failed M&A Deal
Endurance Specialty Holdings Ltd. Chairman and CEO John Charman barely addressed the company's three-month, failed attempted to buy Bermuda reinsurance rival Aspen Insurance Holdings during a 2014 ...
AIG’s CEO Passes the Torch; His Successor Pledges Continuity
American International Group President and CEO Robert Benmosche got a bit sentimental about the company's post-financial crisis turnaround during his last investor earnings call on Aug. 5. He also ...
Smartphones at Risk: Vulnerable to Stolen Passwords, Data Theft
Security researchers revealed two separate threats last week they say could put up to 90 percent of the world's 2 billion plus smartphones at risk of password theft, stolen data and in some cases let ...
The Promise of Predictive Analytics in Commercial Lines
In "Predictive Modeling Pitfalls: When to Be Cautious," published by Carrier Management last month, Ira Robbin from AIG presents a compelling case for exhibiting care when developing and implementing ...
$100M Project to Prepare Vulnerable Regions for Climate-Related Disasters
The U.S. Agency for International Development and the Rockefeller Foundation are starting a $100 million project to prepare vulnerable communities for climate-caused humanitarian disasters before ...
Passenger Jet Systems May Be Vulnerable to Hackers
Cybersecurity researcher Ruben Santamarta says he has figured out how to hack the satellite communications equipment on passenger jets through their WiFi and inflight entertainment systems—a claim ...