Reinsurance
Lloyd’s of London Insurer Amlin Denies Rumors It is For Sale
Amlin Plc Chief Executive Officer Charles Philipps damped speculation that the Lloyd's of London insurer is looking for a buyer, saying the firm is strong enough to remain independent. "We are not ...
‘Event’ Needed to Boost International Insurance Pricing: QBE Group CEO
When Australia's QBE Insurance Group reported a 24 percent leap in first-half earnings last week, the leader of the company signaled the ability of the company to weather both natural catastrophes ...
Finding ‘Diamonds’ in Greenhouse Gas; Scientists Making Nanofibers from CO2
Finding a technology to shift carbon dioxide (CO2), the most abundant anthropogenic greenhouse gas, from a climate change problem to a valuable commodity has long been a dream of many scientists and ...
Hurricane Katrina Led to Big Improvements in Coastal Building Codes
When Hurricane Katrina made landfall 10 years ago, it caused a whopping $41 billion in insured losses and more than $151 billion in overall economic losses. The storm left massive damages in coastal ...
North Atlantic Hurricanes and Amazon Wildfires Linked: Research
Researchers from the University of California, Irvine and NASA have uncovered a remarkably strong link between high wildfire risk in the Amazon basin and the devastating hurricanes that ravage North ...
P/C Insurers Blocking Their Own Roads to Innovation
Property/casualty insurers face a number of external obstacles on the road to delivering more innovative products and reimagining their operations, but the ones that really get in the way come from ...
Lloyd’s: Drone Industry Threatened by Cyber Attacks, Reckless Pilots and Privacy Breaches
Cyber attacks, reckless pilots and privacy breaches are fundamental threats to the drone industry's success, viability and risk management, according to a new Lloyd's report. Dubbed "Drones Take ...
Rising Sea Level Boosts Risk to U.S. Coastal Cities of Hurricane-Related Flood Damage
Rising sea levels in the coming years will create heightened risk of severe economic damage from hurricane-related flood in U.S. coastal cities, RMS asserted in a new report. The catastrophe modeling ...