Zurich Outlook Still OK With S&P

Less than a week after A.M. Best announced that it would change the outlook on "A+" financial strength rating of Zurich Insurance Co. Ltd. to negative, Standard & Poor's has weighed in with a ...

A New Era for Marine Catastrophe Management

While marine insurers remain well-capitalized, the line faces many risks. A protracted soft market has eroded margins, large losses have put pressure on rate adequacy, and marine cat experience has ...

Will ILS Investors Run for Cover After the Storm?

Most industry pundits agree that alternative capital is now a permanent fixture in the reinsurance marketplace. Where there is less agreement, however, is whether more opportunistic alternative ...

Manmade Threats Growing

Manmade threats are becoming increasingly significant, bringing potentially huge losses to cities, which could present a major risk to the world's future global and economic growth, according to ...

How to Build Your Own Catastrophe Model

Given the complexity of catastrophe models, at first it might seem impossible for you to build your own. This was certainly the case 10-20 years ago. But technology has changed since the ...

Why Build Your Own Catastrophe Model?

Insurers are using the new open loss modeling platforms to build their own catastrophe models for three main reasons: clarity, control and cost. Catastrophe models have become extremely important ...

What Might a ‘Cyber Andrew’ Look Like?

Every component of the world's public and private infrastructure is subject to the risk of a cyber attack. Companies today face loss of or damage to digital assets; theft of funds; security and ...

Measuring Risk in the Cyber World

Cyber risk is a hot topic in the insurance industry today. Technological innovation and connectivity have fundamentally revolutionized the world we live in and promise new transformations in the ...