Risk & Capital Management
Germanwings Crash Spotlights Risk as Pilot-Caused Disasters Rise
The suspected intentional destruction of a Germanwings jet by a pilot shows the need for new protections against suicidal crew members—a threat emerging as one of the worst in modern aviation, ...
Kissing, Grooming and Taking Selfies Among Top Driver Distractions
Cellphone use is usually top of mind when you hear the phrase "distracted driving," but a new survey from Erie Insurance found that drivers are engaging in a wide range of potentially dangerous ...
Guy Carpenter Report Predicts Tsunami Risk in Asia Pacific
Guy Carpenter's new scenario risk report for the Asia Pacific region predicts the greatest tsunami risk in the area lies in Taiwan. The report, titled "Tsunami Risk from Magnitude 9.4 Earthquake in ...
Researchers See El Niño Link to Tornadoes in Southern U.S.
The waters of the Pacific Ocean may provide some clues on what kind of tornado season will erupt across the southern U.S., according to a paper in the journal Nature Geoscience. The study found that ...
UN: Global Natural Disasters Cost About $300B Annually
Global economic losses from natural disasters like earthquakes, floods, droughts and cyclones cost an average of $250-$300 billion annually, according to a recent U.N. report. The report, produced by ...
Air Travel Safer in 2014 Despite Malaysian Disasters
Last year was by some measures the safest in the history of commercial aviation, despite two high-profile crashes involving Malaysia Airlines aircraft in which hundreds of people were killed, a ...
Shared Capital Impacting Insurance Industry: Berkley
The U.S. economy is evolving in many ways, most significantly when it comes to both the cost of capital and the ownership of capital, and that change in capital ownership is a challenge for the ...
Climate Change Modeling on Cusp of Paradigm Shift
In the face of growing interest in climate change impacts, several big catastrophe modelers said they've heard from more clients interested in receiving climate-related data and they believe the ...