Four Airlines Win Terror Insurance Extension

U.S. government insurance that guarantees airlines are covered against terrorism and war was extended for four carriers, including Virgin America Inc., that otherwise would have lost coverage at the ...

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 ...

Be Wary Of Social Media Risks, Berkley Warns

During a discussion of the growing risks facing property/casualty insurers at conference recently, William R. Berkley suggested that one risk—social media—is changing the way carriers deal with ...