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Those who back renewing the Terrorism Risk Insurance Act, or TRIA, got shot in the arm on April 17 from federal regulators who have concluded that the private market can't provide reinsurance for ...
With hedge and pension funds continuing to dive into the reinsurance market through insurance-linked securities, or ILS products, Peter Nakada urges the industry to get used to it and adapt. Nakada, ...
RMS launched its Exceedance 2014 conference in Washington, D.C. on April 14 with a hard sell of RMS(one), a cloud-based catastrophe risk management system the California company hopes will modernize ...
The head of the National Association of Insurance Commissioners is lamenting that greater federal oversight now in place over insurers such as AIG is fixing something "that isn't broken," forcing ...
RMS said it inked partnerships with five additional companies in a bid to further diversify catastrophe modeling options for its new cutting-edge system. Financial terms were not disclosed. The ...
Insurance industry lobbying groups are hopeful that the bipartisan legislation introduced in the Senate on April 10 to reauthorize the Terrorism Risk Insurance Act, or TRIA, will have a better chance ...
Insurance coverage for cyber-attack losses in the global energy market isn't as clear-cut as the industry might hope. A new market report from Willis Group Holdings concluded that companies face a ...
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