Risk
Setbacks Outweigh Gains in World’s Bid to Meet Carbon Goals: Study
The world is getting further off track in limiting global warming with setbacks in Japan and Australia outweighing positive signals from the United States and China, a study showed on Wednesday. A ...
Workers’ Compensation Results Improved in 2012: A.M. Best
The workers' compensation industry's results improved in 2012. Premiums grew for the second straight year, the combined ratio improved, and claims frequency declined at a faster rate than severity ...
Fast Money Hedge Funds Won’t Keep Pension Funds Out of Terror Market, Says ILS Manager
To understand why the insurance-linked securities market will offer greater amounts of terror risk coverage in the years ahead, you have to understand the difference between two groups of ILS ...
TRIA Changes Debated: Congressional Hearing Highlights
Representatives of the property/casualty insurance industry all testified in favor of extending the Terrorism Risk Insurance Act during a House Financial Services committee hearing last week, but ...
We Can Write Terror Risk: Part II
The leader of a firm thought to be the world's largest investment manager of catastrophe bonds told federal lawmakers last week that the insurance-linked securities market is poised to provide ...
Insurers Express Interest in Fund to Protect Customers of Bankrupt Brokers
Eight private insurers have expressed interest in participating in a fund to provide insurance for losses suffered by customers of futures brokers that go bankrupt as in the cases of MF Global and ...Warming Partly Caused by El Niño; CO2 Warming Effect Less than Believed: Researchers
A natural shift to stronger warm El Niño events in the Pacific Ocean might be responsible for a substantial portion of the global warming recorded during the past 50 years, according to new research ...
Typhoon Fuels Call for Rich Nations to Compensate Poor for Global Warming Losses
The typhoon that killed thousands of people in the Philippines has energized debate about whether rich nations should compensate poor ones for climate-related losses, a proposal the U.S. and European ...