Reinsurance
Bermuda Stares Down Hurricane Gonzalo; Hawaii Troubled by Ana
Hurricane Gonzalo grew into a major storm that threatens Bermuda later this week, while half a world away Tropical Storm Ana may become the second system this year to sweep Hawaii's Big Island. ...
Big Earthquake Likely for San Francisco, But Coverage Lacking
The San Francisco region will probably be struck by an earthquake with a magnitude of at least 6.7 in coming decades, and most of the billions of dollars of damages wouldn't be covered by insurance. ...
Zurich Insurance CIO Wants New Rules to Protect Green Bond Boom
The integrity of the fast-growing "green bond" market is at risk unless a clear definition of what passes for green can be agreed, Zurich Insurance's investment chief told the Reuters Global Climate ...
Worsening High-Tide Floods Could Make City Sections Unusable: Study
Flooding during high tides, which used to be rare, is now common in some places and could worsen to the point that sections of coastal cities may flood so often they would become unusable in the near ...
Cyclone Hudhud Making Damaging Mark in India
Cyclone Hudhud caused some serious damage in India after making landfall early Oct. 12, AIR Worldwide said. The Boston-based catastrophe modeling firm said the storm hit near Visakhapatnam with wind ...
Workers Compensation Could Take Small Hit From Ebola Outbreak: I.I.I.
With the first Ebola cases appearing in the U.S and its spread continuing in West Africa, workers compensation insurance could take at least a small hit due to health-care employee exposure, the ...
Tropical Storm Vongfong Hits Japan
Tokyo residents were warned of violent winds and flooding as Tropical storm Vongfong headed northeast toward Japan's main island of Honshu, injuring dozens and causing power outages. The storm packed ...
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 ...