Risk & Capital Management
Report Finds Some Baby Monitors Lack Security Features
Several of the most popular Internet-connected baby monitors lack security features, making them vulnerable to even the most basic hacking attempts, according to a new report from a cybersecurity ...
Lloyd’s City New Risk Index Aims to Raise Awareness of Systemic Risks Facing Major Global Cities
The costs of natural and manmade threats could put at risk $4.6 trillion of the total projected GDP of 301 of the world's major cities between 2015 and 2025, according to the findings of the Lloyd's ...
Tier 1 Reinsurers More Resilient than Smaller Firms in Current Market: Fitch
Major tier 1 reinsurers stand to benefit most from a changing reinsurance market and mounting competitive pressures, while small monoline companies will be the hardest hit, according to a reinsurance ...
Hurricane Katrina’s Legacy
Hurricane Katrina was a deadly storm that caused a large loss to the insurance industry—but not so large that it shouldn't have been anticipated by the catastrophe models. In the months after this ...
The IoT Revolution: Coming to a Warehouse and a Theme Park Near You
Privacy risks related to potential hacks of Internet-connected devices are hot topics for carriers, risk managers and brokers, but possible business interruption losses should not be overlooked when ...
Progressive Insurance CEO Renwick Sounds off on Big Insurance Trends
By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view "it's ...
S&P Negative Watch For Berkshire Hathaway Hits Nearly 1,000 Muni Bonds
Municipal bonds from California to Puerto Rico may lose their second-best credit rating from Standard & Poor's after the company put Berkshire Hathaway Inc. and its core insurance units on a ...
Objects In Mirror May Be Closer Than They Appear
I have a CD player in my relatively new luxury sports sedan. It plays five—or maybe six—CDs so I can be surrounded by music I choose and like all through even a reasonably long journey. Or maybe ...