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By Elizabeth Festa |
March 8, 2012
The NAIC expects to craft a model law on the NAIC’s version of the Own Risk and Solvency Assessment by the August summer meeting.
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By Laura Mazzuca Toops, PropertyCasualty360.com |
February 1, 2012
Catastrophes of the future may not arise from the usual suspects like hurricanes, flooding and earthquakes. We could be looking at even bigger problems that will affect the ever-connected globe.
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By Laura Mazzuca Toops, PropertyCasualty360.com |
January 20, 2012
Future disasters may not arise from hurricanes, flooding and earthquakes, but from bigger socioeconomic issues that will affect the ever-connected globe, according to the World Economic Forum.
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By Randy Heffernan |
January 19, 2012
In the world of reinsurance, accurately determining risk is critical. Reinsurance policies are typically taken out on the largest of risks, those that are too big for an individual insurance company to handle alone. Risk embodies the very nature of the business, and actuaries who work in reinsurance must therefore...
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By Associated Press |
December 23, 2011
Reinsurance company Everest Re Group Ltd. on Thursday said that claims related to the massive flooding this year in Thailand could cost it $100 million to $125 million after certain premiums and taxes.
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By Phil Gusman, PropertyCasualty360.com |
November 30, 2011
The level of global investment in renewable energy is surging, but as this industry grows, new risks are emerging and firms are trying to find ways to manage them. Currently, insurance represents the most common mechanism to transfer risk to third parties, according to a Swiss Re-sponsored report from the...
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By Laura Mazzuca Toops, PropertyCasualty360.com |
May 1, 2011
Set your sights on a multinational market
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May 1, 2011
Aon Benfield says the severe weather events resulted in 20,000 insurance claims in the Southeast and the Mississippi Valley with payouts exceeding $120 million.
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By Laura Mazzuca Toops, PropertyCasualty360.com |
April 11, 2011
No longer the exclusive realm of GM, Exxon or McDonald’s, the foreign market is beckoning businesses of all sizes—from accountants and lawyers to small manufacturers, non-profits and other businesses—in other words, the core clientele of independent agents and brokers. In this weeklong report, we look at where, how and why...
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By Staff Writer |
April 5, 2011
Storm losses in the United States over the past month are expected to exceed $100 million, according to a report issued by Aon Benfield.
