Corporate Risk

Risk managers say network tests and security audits are the best ways to mitigate cyber risk, according to a Munich Re survey

On May 22, following months of unrest, Thailands military overtly seized power in a coup dtat. Thailand is used to such events there have been 11 successful coup d'tats since 1932, as well as seven attempted coups. What does this mean for insurers?

AIG CEO Robert Benmosche has reportedly warned employees against buying homes in the New York area, and told Bloomberg Television the company is moving people out of higher-cost cities to lower-cost U.S. cities and offshore.

A DOT report says minimum liability limits for motor carriers are insufficient to cover the costs of rare but catastrophic crashes. What would raising the minimum limits do to pricing and claims activity for commercial motor vehicle risks?

Tower Group International Ltd., the insurer that agreed to be bought by ACP Re Ltd. amid a stock plunge, hired Greenhill & Co. to provide advice on repaying debt if the takeover collapses.

A representative of the risk-retention industry as well as the Property Casualty Insurers Association of America today urged Congress to expand the Risk Retention Act to allow risk-retention groups to expand coverage to all commercial property and casualty lines except workers compensation.