Reinsurance
Deadly Landslides Hamper Hiroshima Rescue Efforts
Military, police and fire personnel searched through the night for missing victims after downpours in Hiroshima triggered a series of deadly landslides this week. The death toll rose to 42, with 43 ...
6.1 California Earthquake Damages Historic Buildings, Injures Many
The strongest earthquake to strike northern California in 25 years crumpled historic buildings, cracked roads and highways and damaged wineries in the world- renowned Napa Valley. Scores of people ...
Viewpoint: Underwriting, Acronyms and Climate Change
Floating together in a muck of alphabet soup the insurance industry, the government and the scientific community can be assured success in at least one thing amid their combined efforts to deal with ...
Earthquake Insurer Startup Expands Into Multiple States
Palomar Specialty Insurance Company has expanded into 10 more states, six months after launching as a provider of commercial and residential earthquake insurance. The California-based company ...
New RMS Terrorism Model Accounts For Fewer Risks in Many Locales
Catastrophe modeling firm RMS revamped its terrorism model to reflect lower terrorism risks in countries including Canada, Denmark, Ireland, Italy and the United Kingdom. RMS said the changes reflect ...
The Dead and Missing Rise in Japan Landslide Tragedy
Rescue workers battled through mud for a second day in search of dozens of people still missing after torrential rain triggered landslides in the western Japanese city of Hiroshima that killed 39 ...
Fitch Upgrades Rating for Hannover Re
Hannover Re has worked to maintain steady earnings and reduce its financial leverage, and Fitch Ratings has recognized the company with a ratings upgrade. Fitch said it has boosted the insurer's ...
Allied World Names New Reinsurance Head to Confront Tough Market
Allied World Assurance Company Holdings has named John Bender as its new CEO for global reinsurance operations, giving him broader responsibility for a crucial division at the company that has ...