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SCOR Well Placed Despite Challenging Market, Says CEO Kessler
The reinsurance industry faces several headwinds related to macroeconomic and industry burdens, but SCOR is well placed to handle these, according to Denis Kessler, chairman and chief executive ...
Practical ORSA Solutions for Challenged Insurers
After much anticipation, Own Risk and Solvency Assessment (ORSA) initiatives are now underway worldwide—taking effect in 2014 in Canada and 2015 in the United States, with similar initiatives ...
Insurers Wary of ‘The Cloud’ Have Options for High Performance Models: AIR COO
Immediacy is the new norm in today's business environment, and catastrophe risk management is no exception. The insurance industry is increasing its use of catastrophe modeling to inform business ...
Following the Science on Fracking, the Environment and Human Health
Hydraulic fracturing (fracking) combined with horizontal drilling has unleashed a huge oil and gas boom in the United States and redrawn the world energy map. But could this new technology result in ...
A Reinsurer’s Perspective on the Current Catastrophe Modeling Landscape
Charles Dickens couldn't have predicted what has happened in the reinsurance industry the last 10 years. It has been the best of times for coastal inhabitants of the United States, as it has been a ...
Work-Related BYOD Use: Potentially More Costly Than Previously Thought
The California Court of Appeal, 2nd District, issued a decision that has broad implications for businesses with California-based employees. In Cochran v. Schwan's Home Service Inc. (Cal. App. 2 Dist. ...
Swiss Re’s Donnell: TRIA Needed in an Uncertain World
In business and life, it's important to know one's strengths and weaknesses. While the insurance industry is adept at modeling windstorms, anticipating emerging liability risks and ensuring orderly ...
The East Coast’s $100 Billion Event
October 29 marks the two-year anniversary of Hurricane Sandy roaring ashore, destroying homes, businesses and infrastructure in its path. For those still on the road to recovery two years later, the ...