Risk
India to Create Own Reinsurance Fund to Cover Refiners of Iran Oil
India plans to set up a fund of up to 20 billion rupees ($368.4 million) to back local insurers in offering cover to refiners who process Iranian crude, three government sources said, as sanctions ...
New Deadly Bird Flu Has Scientists Worried About Pandemic Risk
Genetic sequence data on a deadly strain of bird flu previously unknown in people show the virus has already acquired some mutations that might make it more likely to cause a human pandemic, ...Rollins To Head New Public Risk Services Group At AIR Worldwide
Catastrophe modeling firm AIR Worldwide announced that John Rollins will lead a new consulting group--Public Risk Services—supporting the needs of public sector institutions and stakeholders ...
Possible Infrastructure Disruption, Claims Resulting From Geomagnetic Storms
Solar and geomagnetic activity is expected to peak this year, increasing the possibility of disruption to government and private infrastructure. According to Rade Musulin, COO Aon Benfield Analytics ...
Lots Of Room For Improvement In U.S. P/C Industry ERM Capabilities: PwC
PwC's recent survey into enterprise risk management practices in the U.S. insurance industry showed that many companies are taking active steps to develop their ERM frameworks. However, the survey ...
TRIA Won’t Be Extended, P/C Carrier CEOs Say
Chief executive officers of property/casualty insurance carriers said their companies will still stand ready to provide terrorism coverage when—not if—the Terror Risk Insurance Act expires ...
Coastal States to See Continued Population Growth: NOAA
Ten million more people will be living on the already-crowded U.S. coast by 2020 if current population trends continue. The coastal population will increase from 123 million to nearly 134 million ...Turning Tornado Debris Into Better Storm Warnings
Photos and mementoes that were snatched up and blown hundreds of miles during tornados in the south of the United States two years ago are giving researchers new insight on how debris is carried by ...