Risk
S&P: Bond Insurers Ready for Puerto Rico Corporate Debt Crisis
For now, two major bond insurers appear more than able to handle credit deterioration of Puerto Rico's public corporations and new legislation that will let some of the companies restructure their ...
Greek Investors Sue Cyprus Over Its Solution to 2013 Financial Crisis
Cyprus faces a lawsuit from close to 100 Greek investors who accuse the country of costing both depositors and bondholders of two banks millions of dollars in the wake of its financial crisis and ...
With Volumes Soaring, Zurich Doubles Its Green Bond Commitment
Zurich Insurance Group AG said it is boosting its investment in green bonds to up to $2 billion, with plans to spread the initiative through three different European currencies. Switzerland's largest ...
Insurers Struggling With Cyber Risk Market; Staffing an Issue
Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market, but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check. ...
70% of Critical Infrastructure Providers Have Been Breached: Survey
According to new research from Unisys Corporation, nearly 70 percent of companies responsible for critical infrastructure have reported at least one security breach in the past 12 months. The survey ...
No El Niño Yet But Chances Remain High: U.S. Climate Center
A weather-changing El Niño has yet to develop in the Pacific Ocean, according to government forecasters are who maintaining a "watch" initiated in March. The chances that the warming of the ...
Climate Change May Bring More Kidney Stones
As daily temperatures increase, so does the number of patients seeking treatment for kidney stones. In a study that may both reflect and foretell a warming planet's impact on human health, a research ...
Low 1st Half Cat Impact: Top Asia, U.S. Losses Have Climate Link: Munich Re
Insured losses in the first half of 2014 were $17 billion, considerably below the $25 billion average over the past 10 years, according to Munich Re's 2014 Half-Year Natural Catastrophe Review. ...