Risk
Catastrophe Modeler RMS Unveils New Platform
Late last week, RMS unveiled RMS(one), describing it as an "environment" that will allow insurance companies to manage all of their risk models, exposures and analytics on a single, open platform in ...Banks In Cyber Heist Face Hurdles To Get Money Back
Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, ...India IT Watchdog Investigating Breach In ATM Heist
The Indian government's cyber watchdog is investigating how security at two companies that are part of the country's vast IT services industry was breached in a global ATM heist that saw $45 million ...
TRIA Debate Heats Up with Charge ‘Nervous Nelly’ P/C Insurers Enjoy $7B ‘Subsidy’
A consumer advocacy group says the property/casualty insurance industry has been getting a sweet deal worth about $7 billion as a result of the federal government's program to help pay terrorism ...
Understanding S&P’s New Insurance Rating Criteria: Rodney Clark Q&A
Late last month—in advance of the May 7, 2013 publication of a new rating methodology for insurers by Standard & Poor's—S&P Managing Director Rodney Clark gave Carrier Management a ...
S&P’s New Insurance Criteria Released; Method Would Have Spotted AIG’s Past Problems
Incorporating lessons learned from historical periods for industry stress, including the near-failure of American International Group, Standard & Poor's published a revised rating methodology for ...
The Imperfect Science of Predicting Floods
Perched in a boat drifting slowly along the Red River, Dan Thomas kept one eye on a laptop and the other on a $60,000 piece of floating hardware that beamed sound waves deep into the flooding river. ...
Bird Flu Worries Rise with Budget Cuts
The World Health Organization's ability to police the new strain of bird flu that has killed 27 people in China is being jeopardized by budget cuts, according to a top U.S. official. "One of the ...