Reinsurance
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 ...
Top 15 Global Insurance Markets: 2020
Peering into the future, Munich Re reported that the global property/casualty insurance market would grow to 1.85 trillion euros ($2.4 trillion) by 2020, also providing a breakdown of the largest ...
5 New Cat Bonds in Q1 Total $1.6B: Willis
The first quarter of 2013 saw $1.6 billion of new issuance in non-life capacity marketed through five catastrophe bond transactions, including three transactions marketed in the first quarter and ...Karen Clark & Co.’s New Tool Creates Realistic Hurricane Footprints, Tailored Loss Estimates
Just in time for the 2013 hurricane season, Karen Clark & Co. (KCC), a catastrophe risk and modeling firm, has released a scientific tool for creating hurricane tracks and wind speeds. Named ...
Florida Catastrophe Fund Stronger As Storm Season Nears
Florida is heading into a new storm season with some good news for once. The state-created fund that backs up private insurers in Florida is in the best financial shape it has been in years — maybe ...
$2.5 Trillion in Global Disaster Losses Since 2000: U.N. Report
Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report. The U.N. Office for ...