Risk
Risk Readiness Declines Worldwide—Even For Insurers
Risk decision makers from 1,400 companies around the globe report that the 10 biggest risks facing their companies wiped away 42 percent of their income, on average, during the last 12 months, a new ...Japan Nuke Cleanup May Take More Than 40 Years
A U.N. nuclear watchdog team said Japan may need longer than the projected 40 years to decommission its tsunami-crippled nuclear plant and urged its operator to improve plant stability. The head of ...NY Comptroller Urges Brownfields Cleanup Overhaul
New York's comptroller has called for an overhaul of state programs for restoring thousands of abandoned and contaminated industrial and commercial sites after the state spent nearly $1 billion to ...
Towers Watson Launches New Terror Risk Modeling Software
Global professional services company Towers Watson has introduced new predictive modeling software designed to help carriers and non-insurers assess terrorism risk. The company unveiled its Sunstone ...
Long-Term Global Cooling Ended In 19th Century: Study
A global long-term cooling trend ended late in the 19th century and was followed decades later by the warmest temperatures in nearly 1,400 years, a sweeping study of temperature change showed. The ...Rocket That Will Carry Cargo Ship Test Launched
A company contracted by NASA to deliver supplies to the International Space Station successfully launched a rocket on Sunday in a test of its ability to send a cargo ship aloft. About 10 minutes ...
AIR Worldwide Monitors Midwest Flooding
According to catastrophe modeling firm AIR Worldwide, heavy rainfall, severe thunderstorms, and flash flooding tore across several Midwest states early last week, after moist air surged ahead of a ...
Cyber Risk Still Not Insured By Most RMs: Towers Watson Survey
Carriers offering cyber insurance may have seen an increase in demand for their specialty insurance policies over the past year, but more than 60 percent of risk managers surveyed say they still ...