Reinsurance
Trillions Of Dollars At Risk In Coastal States: AIR Worldwide, CoreLogic
In separate reports released earlier this week, AIR Worldwide and CoreLogic estimated insured property values in coastal areas of the United States reaching into the trillions of dollars. CoreLogic, ...
FSU Hurricane Forecast Less Than NOAA, But Still Above-Average
Scientists at the Florida State University Center for Ocean-Atmospheric Prediction Studies (COAPS), who developed a unique computer model for predicting hurricanes, are forecasting a season of ...Scor to Buy Generali Reinsurance Unit for $750 Million
Scor SE agreed to purchase the U.S. reinsurance unit of Assicurazioni Generali SpA as part of a plan by Italy's biggest insurer to boost capital. Scor, France's largest reinsurer, would pay about 579 ...Facultative Reinsurance Spending Down: Faber Global
Several large UK cedants are reducing their spending on facultative reinsurance, according to the view taken by Vanessa Macdonald-Smith, team leader at facultative reinsurance broker, Faber Global, a ...
Tokyo Prepares for 1-in-200-Year Flood to Top Sandy
Tokyo, the world's most populated metropolis, is building defenses for the possibility of a flood in the next 200 years that could dwarf the damage superstorm Sandy wrought on the U.S. East Coast. ...
Charman In As CEO At Endurance, Replacing Cash
Bermuda-based Endurance Specialty Holdings Ltd. announced on Tuesday that its board of directors elected John R. Charman as Endurance's chief executive officer, replacing David Cash, who is stepping ...
AIG Ex-CEO Greenberg Hopes Court Will End Spitzer Suit Over Reinsurance
Maurice "Hank" Greenberg, the former chief executive officer of American International Group Inc., is set to ask New York's highest court today to clear his name and dismiss what remains of an ...
NOAA Forecast: Up to 6 Hurricanes This Season on Atlantic Coast
The government's weather center is forecasting that this year's Atlantic hurricane season that begins June 1 will be an active one, perhaps even extremely active, during its six months. Experts at ...