Search Results

The massive explosion at a West, Texas fertilizer plant has caused at least $100 million in insured losses to property.

When people think of the work done at insurance companies, they probably picture actuaries and underwriters sitting at desks and crunching numbers. But at some insurers, research labs, staffed by highly trained scientists and engineers, play a vital if rarely seen role in discovering ways to reduce losses caused by...

Corporate risk managers looking to protect their propertyand by extension, their organizations overall financial stabilityshould consider looking at their facility risks through an engineering perspective, according to one catastrophe-risk expert.

Catastrophe-risk modeler EQECAT has dramatically changed its estimate of insured losses from the Tohoku, Japan earthquake to between $22 billion and $39 billion.

As someone who lived in Japan for two years—and who experienced the Kobe earthquake firsthand—the devastating disaster that struck the country hit me hard from a personal standpoint.

No matter where one stands on the issue of global warming, there are practical reasons for producers to embrace the environmental revolution—not least of which is the chance to grow their books.

U.S. property-casualty insurers will likely pay around $11.5 billion to homeowners and businesses due to third-quarter property losses from catastrophes, ISO's Property Claim Services Unit (PCS) said.

The 7.9-magnitude earthquake that recently struck China has claimed an estimated 15,000 lives to date and has dramatically disrupted the lives of many more. Although the full extent of the damage