Risk
RMS Hurricane Model Update Coming; Lower Risk Indications Expected
When RMS releases an update for the catastrophe modeling firm's North American Hurricane model later this month, lower loss exposure estimates are expected, according to a representative of the firm. ...
RMS(one) Explained
When RMS developed its recently unveiled software platform RMS(one), the catastrophe modeling firm had a wide range of potential users in mind—many of whom are not accustomed to tinkering around ...
Study Raises New Concern About Earthquakes’ Links To Fracking Fluids
Powerful earthquakes thousands of miles away can trigger swarms of minor quakes near wastewater-injection wells like those used in oil and gas recovery, scientists reported on Thursday, sometimes ...
U.S. Energy Sector At Risk From Climate Change: DOE Report
Rising temperatures and sea levels will profoundly impact the U.S. energy sector in coming years, the U.S. Department of Energy said in a report released on Thursday that outlined the need to ...
Sharp Interest Rate Spike Could Wipe Out More Than $100B U.S. P/C Surplus: Moody’s
For each 1 percentage point rise in interest rates, the value of bonds held by the U.S. property/casualty insurance industry will decline by about $40 billion, representing roughly 7 percent of ...
Form F, ORSA Rules Open New Windows For Insurance Regulators
Executives of property/casualty insurers are getting comfortable with the idea that they have to file Enterprise Risk Reports and Own Risk and Solvency Assessments (ORSA) with U.S. insurance ...
What About Transparency?
Provisions protecting proprietary strategic information are necessary as insurance groups start to file Enterprise Risk Reports in 2014, according to property/casualty insurance carrier ...
Insurer Insolvencies Fuel Director Liability; Board Roles Becoming More Complex
Member of boards of directors of insurance companies are increasingly concerned about lawsuits they might face in troubled situations—and they should be, according to a former insurance regulator. ...