Reinsurance
Life Without TRIA: Zurich, ACE Execs Debate Terror Coverage Strategies
Two weeks before the Senate introduced legislation to extend the federal terror insurance backstop, carrier executives revealed opposing plans for offering coverage to customers exposed to terror ...
Cyclone Ita Update: Ports Reopen, Power Resumed
Queensland remained on alert for flash floods and destructive winds Sunday as Tropical Cyclone Ita hugged the northern coast of Australia's second-largest state. Gales with gusts of up to 110 ...
UN Report: Renewables, Nuclear Energy Must Triple to Save Climate
The world needs to triple the energy it gets from renewables, nuclear reactors and power plants that use emissions-capture technology to avoid dangerous levels of global warming, United Nations ...
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 ...