AIR is updating its modeling software platform, Touchstone, with the ability to analyze noncatastrophe risk using the same exposure data existing clients use for their catastrophe modeling.
Superstorm Sandy will likely become the third most costly hurricane in U.S. insurance historybut when examining historical storms using todays dollars and exposures it would fall to the 12th costliest storm, the Insurance Information Institute says.
Superstorm Sandy will likely become the third-costliest hurricane in U.S. insurance history, but when examining historical storms using todays dollars and exposures, Sandy would fall to the 12th costliest storm, says the Insurance Information Institute.
U.S. insurers saw their collective net income jump by 50 percent in 2012 compared to 2011, and this year the industry looks as if it will benefit from some favorable trends in both the insurance market and the economy at large, even as it deals with some familiar challenges, according...
Guy Carpenter has released its newest software platform, MetaRisk 7.1, allowing users to asses organizational risks and meet enterprise-risk-management and Solvency II requirements.
Guy Carpenter has released its newest software platform, MetaRisk 7.1, allowing users to asses organizational risks and meet enterprise-risk-management and Solvency II requirements.
In sports terms, 2012 has been what one could call a rebuilding year, as P&C carriers looked to recover from a disastrous 2011 and a string of heavy losses. For many carriers, 2012 was a time to totally reappraise their roster of risks, which meant both exploring new lines of...