Risk
Cyber Disclosure To SEC Not Universal; Even Insurer Fails To Report: Willis
A majority of the U.S. listed Fortune 500 firms are following the U.S. Securities and Exchange Guidelines by providing some level of disclosure regarding cyber exposures, but disclosure is not ...
Dark Clouds Forming; Data Security Hurricanes Ahead For Cyber Insurers
Data security and privacy (cyber liability) insurance has become one of the hottest topics for the insurance industry and an area of growth for an industry emerging from a soft market. While data and ...
U.S. Mayors Aim For Resilience To Weather, Energy Challenges
U.S. mayors pledged Monday to make their communities more resilient to increasingly severe floods, droughts, extreme storms and wildfires, which they said was more efficient and cost-effective than ...
Deadly Oklahoma Tornado Widest on Record, Rare EF5
The deadly tornado that struck near Oklahoma City at the end of May had a record-breaking width of 2.6 miles and was the second top-of-the-scale EF5 twister to hit the area in less than two weeks, ...
Cost of Factory Safety in Bangladesh on $22 Jeans: 99 Cents
In Bangladesh, the difference between a safe factory and an unsafe one comes down to a few cents. For just pennies per t-shirt or pair of trousers produced, garment manufacturers could build ...
Capital Markets Poised To Grow Even Bigger In Cat Re Space
The participation of the capital markets in the property-catastrophe reinsurance industry is poised to explode beyond one-third of the total limits in the market, an industry executive said recently. ...AIG CEO Benmosche Names Doyle, Sankaran to Executive Team
American International Group Inc. added John Doyle and Sid Sankaran to the insurer's executive group as Chief Executive Office Robert Benmosche narrows the company's focus after repaying a U.S. ...
Is P/C Industry Overcapitalized? Maybe Not, Carrier CEO Says
The chairman and CEO of a specialty property/casualty insurance carrier called into question the notion that the industry is overcapitalized on last week, pointing to the changing nature of volatile ...