Risk
First-Half Insured Disaster Losses $20B Globally: Impact Forecasting
Insured losses from natural disasters around the globe reached $20 billion in the first six months of 2013, but still fell 20 percent below last year's first-half figure of $25 billion, according to ...
Casualty ILS: The Time Has Come
The accelerating convergence of insurance and reinsurance with capital markets and the resulting effect on the traditional insurance and reinsurance business model have topped the insurance news ...
Sea Level Rise: New Iceberg Theory Points To Areas At Risk Of Rapid Disintegration
In events that could exacerbate sea level rise over the coming decades, stretches of ice on the coasts of Antarctica and Greenland are at risk of rapidly cracking apart and falling into the ocean, ...
AIR Worldwide Appoints Churney COO
Catastrophe modeling firm AIR Worldwide has appointed Bill Churney to the position of chief operating officer. Churney will have immediate responsibility for all product management, software product ...
Estimates of Global Hacking Damage Called Into Question
A $1 trillion estimate of the global cost of hacking cited by President Barack Obama and other top officials is a gross exaggeration, according to a new study commissioned by the company responsible ...
Full Disclosure: Climate Change May Prove Risky For Insurers
Insurance companies are in a tricky position when it comes to the issue of climate change. On the one hand, virtually all of them insure policyholders facing the risk of a climate change liability ...
Long-Buried Seawall Protected Homes From Hurricane Sandy’s Record Storm Surge
Picture two residential beach communities on the New Jersey shore: Bay Head and Mantoloking, which side-by-side in Ocean County on a narrow barrier island that separates the Atlantic Ocean and ...
UN Warns On Mobile Cybersecurity Bugs In Bid To Prevent Attacks
A United Nations group that advises nations on cybersecurity plans to send out an alert about significant vulnerabilities in mobile phone technology that could potentially enable hackers to remotely ...