Risk
Prepare Now for Next Nuclear Plant Accident, Scientists Say
Three major atomic accidents in 35 years are forcing the world's nuclear industry to stop imagining it can prevent more catastrophes and to focus instead on how to contain them. Of the 176 new ...
Second Chile Quake Bigger Than Expected for Aftershock: RMS
The magnitude 7.6 earthquake that struck northern Chile late Wednesday—only a day after the area was hit by a magnitude 8.2 quake and subsequent tsunami waves—is "bigger than would be expected ...
Cyber Insurance Not Just for Financial Firms, Retail Clients Anymore: Marsh
In its latest report on benchmarking trends in the cyber insurance, broker Marsh reveals that while high-profile breaches in the retail sector may be one factor sparking demand, increases in ...
P/C Insurers Looking to Compete Must Learn to Embrace the Cloud
Property/casualty insurance companies have a reputation for being risk-averse. That certainly has been the case when it comes to cloud computing. While other industries have more readily embraced the ...
Damage From 8.2 Quake Off Chile Being Assessed; Evacuated Residents Return
Chile lifted an evacuation order for coastal areas after the strongest earthquake in four years left six people dead and prompted President Michelle Bachelet to order the military to help maintain ...
Suit Against JPMorgan, CEO Over Whale Losses Can Proceed; Directors Case Dismissed
JPMorgan Chase & Co must face a lawsuit from shareholders accusing it of securities fraud by misleading them about its ability to manage risk, which surfaced when it lost $6.2 billion in the ...
Forecast Models Line Up on El Niño, Possibly Cutting Down Atlantic Hurricanes: WSI
The prospect of an El Niño event is now looking likely, a meteorologist told insurance professionals last month, pointing to computer models signaling at least a weak event coming in late spring or ...
Asia-Pacific Offering Varied Growth Opportunities for Insurers
With insurance markets already mature in Europe and North America, carriers are eager to find new markets in which to expand. Many are looking to Latin America and Africa. But it is the Asia-Pacific ...