Reinsurance
Senate TRIA Renewal Bill Elicits Cautious Optimism from Industry Trades
Insurance industry lobbying groups are hopeful that the bipartisan legislation introduced in the Senate on April 10 to reauthorize the Terrorism Risk Insurance Act, or TRIA, will have a better chance ...
AP Backstory: Day Before IPCC Report Filled With Wrangling Over Charts, Summaries
After racing against the clock in an all-night session, the U.N.'s expert panel on climate change was putting the final touches Saturday on a scientific guide to help governments, industries and ...
AIR Worldwide: Tough Building Codes Will Counter Cyclone Ita’s Wrath
Tropical Cyclone Ita slammed into the north Queensland coast late Friday, but tougher building codes, a sparse population near landfall and the relatively small size of the storm will minimize ...
April Renewals Bring Price Reductions, Focus On Tailored Coverage: Guy Carpenter
Strong balance sheets and an abundance of capacity led to lower reinsurance pricing across most territories and business segments for April 1 renewals, according to Guy Carpenter. "Despite a spike in ...
Australian Ports Shut in Advance of Storm; Intensifying to Yasi Strength
Residents of Australia's Queensland state sought refuge in evacuation centers and stocked up on provisions ahead of the strongest storm since Cyclone Yasi flattened homes and downed power lines in ...
Sunday’s UN Climate Report Won’t Reveal Economic Bottom Line
A U.N. report about ways to fix global warming due on Sunday is likely to disappoint investors seeking clear-cut economic calculations about the benefits and costs of curbing rising greenhouse gas ...
Catastrophic Cyber-Attack Coverage Remains Elusive: Willis Report
Insurance coverage for cyber-attack losses in the global energy market isn't as clear-cut as the industry might hope. A new market report from Willis Group Holdings concluded that companies face a ...
Privatizing Flood Insurance Presents Opportunities, Challenges: Deloitte
Privatization of the National Flood Insurance Program (NFIP) would present a huge growth opportunity to the property/casualty market, allowing insurers to tap into about $3.3 billion of yearly ...