News
Bad Weather Likely Cause of Air Algerie Crash: French Officials
Poor weather was the most likely cause of the crash of an Air Algerie flight over the West African state of Mali with 116 people on board, French officials said on Friday. Investigators at the scene ...
What Rating Agencies Really Want to Know About Your Catastrophe Risk
Preparing effective rating agency presentations is important to most companies, but when it comes to articulating catastrophe risk and large loss potential, there can be a disconnect between what ...
It has been said that the best advertisement for insurance is not having it (or not having enough of it)...
Senate Panel to Consider ‘Too Big to Fail’ Report
A U.S. Senate panel will meet next Thursday to discuss results of a much anticipated government study that looked at whether the biggest banks can borrow at lower interest rates because investors ...
Are Storm Shutters Unsafe? Fire Deaths Probed
Esther Mibab felt nervous in her home in The Acreage. So nervous that she kept her accordion-style hurricane shutters closed, even in the off-season. Closed and locked. From the outside. Authorities ...
Validus CEO: Malaysia Crash Will ‘Have Implications’ For Aviation, War Markets
Validus Holdings Ltd. Chairman and CEO Ed Noonan said that the crash of Malaysia Airlines Flight 17 after a missile shot it down over the Ukraine earlier this month will likely "have implications" ...
Singapore Regulators Urge Airlines to Reconsider Conflict Zone Risks
Singapore's civil aviation authority has asked airlines based in the city-state to review their risk assessment of conflict zones following the shooting down of a Malaysia Airlines jetliner over ...
Analyst: Reinsurance M&A Winds Are Increasing
Shareholders from Aspen Insurance Holdings have a July 25 deadline to vote on a number of governance proposals that could boost Endurance Specialty Holdings' prospects for acquiring the Bermuda ...
Allied World’s Sales Dip, Stock Drops
Allied World Assurance Co., the seller of aviation and environmental insurance, fell the most since February as second-quarter profit missed analysts' estimates amid a decline in sales. Allied ...