Risk
Five Insurers Bid for Citigroup Distribution Deal in Asia
Five insurers including MetLife Inc. and AIA Group Ltd. have submitted final bids to have their products distributed by Citigroup in Asia, a deal estimated to generate more than $10 billion in ...
Weak 2013 Atlantic Hurricane Season Draws to Close
The 2013 Atlantic hurricane season has delivered the fewest hurricanes since 1982, U.S. forecasters said Monday, despite their predictions in May that it would be a busier than normal year. ...
Zurich P/C Chief Kerner Sees ‘Dramatic’ Cyber Attack in Near Future
Michael Kerner, who oversees property-casualty coverage at Zurich Insurance Group AG, said computer threats are escalating and may soon cause "dramatic" disruptions for businesses and individuals. ...
Climate Change Refugee’s Story Highlights Worldwide Challenges
In October, the U.K.'s Daily Telegraph reported that Ioane Teitiota, 37, from the Republic of Kiribati, has asked a court in New Zealand to officially recognize him and his family as climate change ...
UN Envoys Endorse First Steps Toward Next Pact on Global Warming
Diplomats from almost 190 nations endorsed a set of measures on global warming, laying the groundwork for a treaty to be adopted in 2015 that would limit pollution by all nations for the first time. ...
Asteroids Pose Serious Threat But Should Be Manageable
On Feb. 15, a 13,000-ton rock plunged through the skies above Chelyabinsk, Russia. It shone 30 times brighter than the sun, and hurtled at 42,000 miles per hour toward a city of more than a million ...
Indonesia’s 2004 Tsunami Recovery May Offer Lessons for Philippines: Expert
The man who steered Indonesia to recovery after the 2004 tsunami has some cautionary words for the Philippines as it begins reconstruction after Typhoon Haiyan: Survivors will get angry about living ...
Wildfire Risk Seen as High or Extreme at 4.5 Million U.S. Homes
More than 4.5 million U.S. homes are at high or extreme risk from wildfires, led by properties in California, according to Verisk Analytics Inc., the supplier of actuarial data to insurers and banks. ...