Risk & Capital Management
RMS Releases Latest Europe Windstorm and North Atlantic Hurricane Models
Catastrophe risk modeler RMS has released version 15.0 of its RMS Europe Windstorm and RMS North Atlantic Hurricane Models. Matthew Grant, general manager of models and data at RMS, said the updated ...
For Storm-Prone U.S. Heartland, Spring’s Arrival Comes With Cost
It's again the time of year when a mix of cool air from Canada, warm moist air from the Gulf of Mexico and a touch of energy off the Pacific can all wrap together to unleash storms across the U.S. ...By The Letters: Multiple Insurance Regulators
As the regulators and other entities influencing the regulations of U.S. insurance companies have multiplied around the world, it's become harder to keep track of them. Andy N. Mais and David S. ...
Strategies for Coping With a Tsunami of Regulations
Once upon a time, insurance regulation for U.S. companies was pretty straightforward. But then came 2008. Things changed. The influencers if not the direct regulators of U.S. insurance companies have ...
AXA Says Stricter Insurer Capital Rules May Threaten European Recovery
AXA SA, France's biggest insurer, said plans to impose tighter capital rules on too-big-to-fail insurers will pose a new hurdle to European growth and do little to bolster financial stability. ...
A Boardroom Guide to NAIC’s ORSA
The National Association of Insurance Commissioners voted to implement an addition to U.S. insurance regulation known as the Own Risk and Solvency Assessment Model Act back in 2011, but it is this ...
Germanwings Crash Spotlights Risk as Pilot-Caused Disasters Rise
The suspected intentional destruction of a Germanwings jet by a pilot shows the need for new protections against suicidal crew members—a threat emerging as one of the worst in modern aviation, ...
Kissing, Grooming and Taking Selfies Among Top Driver Distractions
Cellphone use is usually top of mind when you hear the phrase "distracted driving," but a new survey from Erie Insurance found that drivers are engaging in a wide range of potentially dangerous ...