Risk & Capital Management
Carriers Try ‘Holding the Line’ on Property-Cat Renewals: NAPCO
Property-catastrophe insurers have been focused on winning new business, which means new customers are seeing bigger price cuts, according to a market report from a wholesale broker specializing in ...
Hiscox to Offer Cyber Deception Coverage
Hiscox has announced that it will offer a new cyber deception coverage as part of its executive risks suite of insurance coverages. Cyber deception occurs when criminals intentionally mislead company ...
Sunlight Drives Away the Shadows: The Value of Open Source
In its 20-plus years, catastrophe risk modeling had developed nearly insurmountable barriers to alternative views of risk. Except for the largest companies, insurers and reinsurers have had little ...
RiskInsight Model Tools Explained
In her article, "Why Open Platforms are the Logical Next Step for Catastrophe Risk Models," risk expert Karen Clark explains that an open platform starts with "reference" models for combinations of ...
Why Open Platforms Are the Logical Next Step for Catastrophe Risk Models
The first generation of catastrophe modeling technology, based on proprietary "black box" models produced by a few vendors, is 25 years old. It's now generally known that despite significant ...
Lessons of a Risk Modeler: RMS CEO Hemant Shah
Not many CEOs are willing to talk publicly about their biggest misfires and what they learn from them. Hemant Shah did not hesitate when confronted with the question. The co-founder and CEO of ...
Aon Benfield Study Sees Positive Return Outlook for U.S. HO Insurers
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, has announced the release of its 2014 Homeowners ROE Outlook report, which sees trends emerging that support a ...
Zombie Storms Threaten More Damage After Hurricanes
A hurricane may lose its name, its structure and even its place on National Hurricane Center tracking maps. None of that is a guarantee the storm's meteorological energy won't keep making mischief. ...