NBCR Archives - Carrier Management

$50M NBCR Terror Coverage Available from Lloyd’s Consortium

Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings, Ltd., announced the launch of a Lloyd's led consortium for nuclear, biological, chemical and radiological (NBCR) terrorism. ...

‘Highly Likely’ Climate Change Won’t Hurt Berkshire Insurance Ops: Buffett

Although it is "highly likely" that climate change poses "a major problem for the planet," it's less likely climate change impacts will dent the profits of Berkshire Hathaway's insurance operations, ...

Coping With Black Swans

The insurance and reinsurance industries are in business to take bets on risks that can be identified, assessed, prioritized and planned for financially. Disasters like hurricanes, earthquakes, ...

TRIA Changes Debated: Congressional Hearing Highlights

Representatives of the property/casualty insurance industry all testified in favor of extending the Terrorism Risk Insurance Act during a House Financial Services committee hearing last week, but ...

We Can Write Terror Risk: Part II

The leader of a firm thought to be the world's largest investment manager of catastrophe bonds told federal lawmakers last week that the insurance-linked securities market is poised to provide ...

We Can Write Terror Risk, Industry Execs Say

At least two property/casualty insurance and reinsurance industry executives highlighted the industry's capacity to write terrorism coverage during recent earnings calls, with the most forceful ...