Risk
ACE Takes Steps to Expand European Surety Business
ACE Group said it is launching a number of new surety products in the Netherlands, Belgium and Luxembourg, as part of a broader expansion of its surety capabilities in Europe. The new products will ...
Swiss Re Sees Emerging Risks in Smart Cities and Rubber Tree Plants
Property/casualty and other insurers face a number of new emerging risks, and they're not necessarily what, or where, you'd think. Technological issues relating to smart cities, plant pathogens that ...
Allianz Outlines the Insurance Needs of Emerging-Market Skyscrapers
As the number of skyscrapers and high rises jumps almost exponentially in Asia and the Middle East, the insurance industry faces major challenges in covering risks from construction to completion and ...
Senate Panel Approves Bill Protecting Firms Sharing Hacker-Threat Data
A Senate panel approved a bill that would give Bank of America Corp., Visa Inc. and other companies operating critical U.S. computer systems legal protections for sharing hacking threats with each ...
Typhoon Neoguri Slams Japan: Thousands Urged to Take Shelter
Japan's weather agency warned of storms and high waves as Typhoon Neoguri skirted the country's islands of Okinawa, grounding flights and prompting some to flee their homes for emergency shelters. ...
Study Explains How Drilling Wastewater Causes Oklahoma Quakes
A new study explains how just four wells forcing massive amounts of drilling wastewater into the ground are probably shaking up Oklahoma. Those wells seem to have triggered more than 100 ...
S&P: Insurers Ideal to Fill Infrastructure Spending Gap
With an expected $500 billion per year gap in infrastructure funding through 2030, insurers are well situated to fill that financing void, Standard & Poor's asserted in a July 7 note. The ratings ...
Okinawa At Risk as Super Typhoon Neoguri Nears Japan
High winds, crashing waves and a dangerous storm surge may strike Okinawa, including its capital Naha, as Super Typhoon Neoguri nears Japan. Neoguri carried maximum sustained winds of about 150 miles ...