International
AIG Is Lead Insurer for Taiwan Plane Crash
American International Group Inc. is the lead insurer of the TransAsia Airways Corp. passenger plane that crashed near Taiwan's Magong airport, according to Aon Plc, a broker that tracks the market ...
Global Terrorism Fatalities Up 30%: Maplecroft
Global fatalities from acts of terrorism have risen 30 percent over the last 12 months compared to the five-year average, according to a new security monitoring service from global risk analytics ...
New Breed of ‘Go-Anywhere’ Investors Transforming Emerging Markets
New types of long-term investors and flexible, "go-anywhere" investing styles are helping transform emerging markets by making the once-volatile sector less prone to the sweeping sector-wide ...
Australia’s About-Face on Climate; First Nation to Pull Back on Emissions Levy
Australia's decision to repeal its levy limiting fossil-fuel pollution makes it the first nation to turn back from a market approach to fighting global warming. Prime Minister Tony Abbott's ...
Canadian Earthquake Cat Modeling Gets an AIR Worldwide Revamp
AIR Worldwide revamped its earthquake model for Canada, with updates covering seismicity, paleoseismic and active fault data, among other areas. Simply put, the Massachusetts-based catastrophe risk ...
Smart Tech Creates New Risks for Energy Industry
Last November, Felix Lindner came very close to shutting down the power supply of Ettlingen, a town of almost 40,000 people in the south of Germany. "We could have switched off everything: power, ...
Atrium Underwriting Is Lead War Insurer for Malaysia Air Jet
The Malaysia Airlines jet that was shot down over the eastern Ukraine amid a Russia-backed rebel insurgency was insured by Atrium Underwriting Group Ltd. in case of war, the company confirmed in an ...
Wildfire Lawsuit Plaintiffs Get Record Settlement from Aussie Electric Co.
Survivors of one of Australia's deadliest wildfires are to be awarded nearly 500 million Australian dollars in a class-action settlement reached last Tuesday, the largest such compensation in the ...