Risk & Capital Management
RLI Announces $2 Special Dividend
On Thursday, RLI Corp. announced that its board of directors declared an extraordinary cash dividend of $2.00 per share of common stock in addition to a regular quarterly cash dividend of $0.19 per ...
Mexico Cat Bond Likely to Pay on Hurricane Patricia Losses: S&P
Bonds sold by Mexico to shield it from the cost of repairing hurricane damage are closer to paying out after the biggest storm ever measured in the Americas struck the country last month, Standard ...
The C-Level Actuary
Actuaries have always been involved in the management of risk, and more and more we are seeing actuaries take on roles that may be considered outside of the realm of "traditional" actuarial work, ...
Guy Carpenter Says Wildfire Losses May Exceed $1.75B
A briefing from Guy Carpenter & Co. LLC on Monday shows more than nine million acres were burned by wildfires so far this year, most of that occurring in the Western U.S., and that insured losses ...
Reinsurance Execs Weigh In on Cyber Risk
Q: Reinsuring Cyber Risk. Describe the cyber risk appetite of the reinsurance industry and how it has changed in the past year. Describe your company's appetite and how you price the risks, structure ...
Reinsurance Execs Weigh In on Their Biggest Challenges
Q: Challenges. Which of the following factors do you believe has had the biggest impact on the reinsurance market in 2015? Which is likely to be the most significant factor in 2016? Changing buyer ...
Aon Benfield Adding Florida Re, Analytical Firepower as Demand Surges
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, is expanding reinsurance and analytical capabilities in the state of Florida, as the company gears up for rising ...
Reinsurance Executives Weigh In on Alternative Capital
Q: Alternative reinsurance capital.There has been speculation over the past few years that alternative capital providers will move into areas beyond property-catastrophe reinsurance—down from ...