Reinsurance
World is Not Ready to Deal with Effects of Global Warming: UN Panel
Global warming is depleting fresh water and crops, destroying coral reefs and melting the Arctic, the United Nations said Monday in a report that concludes the world is ill-prepared to face many new ...
Small Probability of Larger Event Following Friday’s Calif. Quake
In an announcement detailing the specifics of a 5.1 magnitude earthquake that struck Southern California on Friday, AIR Worldwide said there is a 5 percent probability that the earthquake could be a ...5.1 Magnitude Southern Calif. Quake Forced Some Weekend Evacuations
A moderate earthquake that rattled a swath of Southern California forced several dozen people in one community out of their homes after firefighters discovered foundation problems that made the ...Watford Re Readies for Business; Best Assigns Ratings, Stable Outlook
In a statement Wednesday, Bermuda-based Watford Holdings Ltd. said it expects that reinsurance operations of its wholly-owned subsidiary Watford Re Ltd., will start up soon, following the recent ...
BMS Launches Severe Weather Analytics
BMS Group has announced a new weather risk management module as part of its iVision suite of analytical tools and services. The unique analytical tools allow carriers to better understand their risk ...
Insurance Details on Loss of Malaysian Air Flight MH370 Clouded
Very few details have been released by the re/insurance industry related to the missing Malaysian Airlines flight MH370, which has caused some minor confusion as to the re/insurers providing coverage ...
IPCC Japan Meeting Aims for ‘Comprehensive Assessment’ on Climate Change
The Intergovernmental Panel on Climate Change (IPCC) announced that government representatives and scientists opened a five-day meeting Tuesday that aims to "finalize a report assessing the impacts ...