Risk
Insurance Costs Climb With Ocean Temps: Geneva Association Report
There's only one direction for insurance costs related to climate events to move in the years ahead—upward, according to a report published today about the implications of ocean warming for the ...Power Outages In Calgary Could Last For Months After Floods
Power outages in the Canadian oil capital of Calgary could last for weeks or even months, city authorities said on Sunday, as record breaking flood waters moved downstream to threaten smaller ...
Calgary To Begin Flood Cleanup As Downtown To Remain Closed
Calgary's downtown, home to Canada's oil industry, will remain closed through the early part of this week after swollen rivers flooded parts of the city, cutting off power and forcing evacuations. At ...
What Should Carrier Execs, Directors Ask About Terror Risk?
As carrier executives and members of carrier boards work to get more comfortable with the risks their property/casualty insurance enterprises are taking on, one risk they will likely want to ...
Towers Watson Looks Beyond Jihadi Terrorism with New Risk Model
If you ask Towers Watson's Chris Holt, one of the architects of a new terror model, what he fears when he goes to work each morning, the former British Army bomb-disposal officer will respond ...
West Africa Piracy Surge Costs Global Economy Nearly $1B; Insurance Costs Rise
Pirate attacks off West Africa's mineral-rich Gulf of Guinea have almost doubled from last year and threaten to increase the costs and jeopardize the shipping of commodities from the region. The Gulf ...
Energy Drinks, Office Sitting Breaks, Genetic Bias In Insurance On AMA Agenda
A group representing 225,000 U.S. doctors called for a ban on marketing energy drinks, such as those from Red Bull GmbH and Monster Beverage Corp., to youths. The American Medical Association, in a ...
Insured Flood Losses In Germany At Least $5 Billion: AIR Worldwide
Catastrophe modeling firm AIR Worldwide estimates insured losses in Germany from the recent floods in central Europe at between $5.3 and 7.8 billion (EUR 4.0 billion and EUR 5.8 billion), adding that ...