Search Results

New York City could soon be home to the worlds longest aquariumhoused in its subway system.

The sun shone on Bermudas reinsurers during the first quarter of 2012, but regulatory changes and cat losses still lurk in the water.

In such an eventful year, with dozens of compelling stories as strong contenders, determining the Top 10 of 2011 was no easy task. But, after a lot of laborand internal debatewe feel the final list weve put together successfully captures the essential news of the past 12 months.

In such an eventful year, with dozens of compelling stories as strong contenders, determining the Top 10 of 2011 was no easy task. But, after a lot of laborand internal debatewe feel the final list weve put together successfully captures the essential news of the past 12 months.

One of the biggest gusts of change that blew through the industry in 2011: The revisions that catastrophe-modeler Risk Management Solutions made to its U.S. Hurricane Model.

Hurricane Irene turned out to be more of a rain and flooding event than the wind event many had feared, but it still could crack the list of the 10 costliest U.S. storms if it hits the high end of insured-loss estimates.

Catastrophe modeler Eqecat says the U.S. can expect $1.5 billion to $2.8 billion in insured losses from Hurricane Irene.

Catastrophe-loss hits—and the added potential price-moving impetus of a catastrophe model change—were front and center as management teams for half of the players in the Bermuda market disclosed first-half losses and strategies for preserving capital to take advantage of a Jan. 1 pricing upturn.