Emerging Markets
Hurricane Gonzalo Insured Loss Estimates Coming In
No question about it: Hurricane Gonzalo did some big-time damage when it hit Bermuda on Oct. 17. Two catastrophe-modeling firms are already estimating that insured losses will be substantial. EQECAT ...
FBI Cautions Foreign Govt. Agents May Have Carried Out Cyber-Attacks
Cyber-attacks on JPMorgan Chase & Co. and 13 other financial companies may have been carried out by hackers from a foreign government moonlighting as criminals, a senior Federal Bureau of ...
FERMA Survey Reveals Dissent Over Management of Top Risks
Risk managers are not satisfied with the level of mitigation for six of the top 10 risks "that keep their CEO awake at night," which is one of the key findings of the 2014 Risk Management ...
Ex-AIG CEO Liddy Defends His Role as Government-Tapped Leader
Former American International Group Inc. Chief Executive Officer Edward Liddy defended his role as the government-tapped leader of the company at the time of a 2008 bailout, saying he took the job to ...
Ebola Spread Could Spur Big Business Interruption Losses: AIR Worldwide
With an ongoing outbreak of Ebola in West Africa shows no sign of slowing, AIR Worldwide predicted business interruption losses in a number of areas, but questions whether existing coverage will be ...
The FSB Wants Feedback on Policies For Systemically Important Insurers
The Financial Stability Board (FSB) is seeking public comment on proposed guidance "for the identification of the critical functions and critical shared services for systemically important insurers." ...
Modeling Predicts Up to 24 U.S. Ebola Patients by October’s End
There could be as many as two dozen people in the U.S. infected with Ebola by the end of the month, according to researchers tracking the virus with a computer model. The actual number probably will ...
Hurricane Gonzalo Threatens Bermuda’s Hurricane-Free Streak
The last major hurricane to strike land anywhere in the Atlantic basin was Sandy in 2012. That may change tomorrow as Hurricane Gonzalo bears down on Bermuda. Gonzalo is a Category 4 storm, the first ...