International
RMS Targets New Economic Exposure Datasets For 5 Asia Pacific Countries
RMS said it is rolling out new economic exposure datasets for five Asia Pacific countries, information that should better help perform detailed risk assessments for potential natural disasters. The ...
Insurance Innovation Can Tackle Global Environmental Disaster Risks
Property/casualty insurance industry innovation can help tackle environmental disaster risks as they emerge around the world, a Willis executive and UN official assert. Margareta Wahlström, the UN ...
FIO’s McRaith: Feds Have the Backs of Insurers For Cyber Attack Threats
The federal government has the backs of insurers and their clients as they seek to protect themselves from, and adapt to, the fast-evolving threat of cyber attacks, Federal Insurance Office Director ...
Guy Carpenter Report Predicts Tsunami Risk in Asia Pacific
Guy Carpenter's new scenario risk report for the Asia Pacific region predicts the greatest tsunami risk in the area lies in Taiwan. The report, titled "Tsunami Risk from Magnitude 9.4 Earthquake in ...
Cyclone Pam Highlights Need for Insurance Fund in Climate Talks
Pacific Islands devastated by Cyclone Pam at the weekend will be using the disaster to drive home the need for a globally funded insurance pool to aid in the recovery from such events when they ...
Commercial Lines Insurance Pricing Grew Modestly in Q4: Towers Watson
A moderation of commercial lines insurance pricing that began in early 2013 continued close to two years later, Towers Watson determined in its latest survey of the sector. Specifically, prices grew ...
Former Zurich Insurance Exec Joins Berkshire Hathaway Specialty’s Singapore Team
Berkshire Hathaway Specialty Insurance continues to build its Singapore executive team, this time with a new hire from Zurich Insurance Group. Min Ong will serve as Asia Regional Head of Energy and ...
U.S. Dominates Climate Change Litigation
It's almost counterintuitive if you think about it. There is far more litigation related to climate change in the U.S. compared with Europe, which is usually considered more progressive on the issue. ...