Risk & Capital Management
Richer Nations at Risk from Sell-Off in Emerging Markets
Any spill-over damage to the developed world from a sell-off in emerging markets is likely to come through violent swings in financial flows rather than via lost trade, with Japan seen as most ...
Cat Bond Deals Fell Just Short of Record in 2013: Willis Capital Markets Advisory
Tallying up total catastrophe bond issue for 2013, Willis Capital Markets Advisory put the figure at $7.1 billion, just shy of the $7.2 billion record of 2007. Last year saw a record number of 29 ...
Bernanke’s 8-Year Term Highlights: Anger at AIG, Media Mishaps, Relations with Congress
Intellectually, Ben S. Bernanke was prepared to tackle the gravest economic crisis since the 1930s as chairman of the Federal Reserve. A Princeton University economics professor, he was an expert on ...
The Current Scientific Consensus on Climate Change and Hurricanes—It May Surprise You
While "scientific consensus" on climate change may sound like an oxymoron, there is consensus on three key questions about climate change and hurricanes, as demonstrated by recent reports from the ...
W.R. Berkley Q4 Profit Declines 21%; Underwriting Improves
W. R. Berkley Corp. reported $130.38 million in net income for the 2013 fourth quarter, a 21 percent decline compared to $165.49 million reported during the prior-year fourth quarter. The net income ...
ACE CEO Greenberg Says Buybacks Won’t Lessen Commitment to Growth
ACE Limited Chief Executive Officer Evan Greenberg, who typically shunned share repurchases as he focused on expansion and buyouts, said the authorization of additional buybacks won't halt his ...
21 Insurers, Brokers Launch Oasis ‘Open Source’ Cat Model
The Oasis Loss Modelling Framework has unveiled what it describes as "the most significant development in the modelling of natural catastrophe losses for 20 years"—the launch of an independent, ...