Risk & Capital Management
Swiss Re’s Donnell: TRIA Needed in an Uncertain World
In business and life, it's important to know one's strengths and weaknesses. While the insurance industry is adept at modeling windstorms, anticipating emerging liability risks and ensuring orderly ...
U.S. Treasury Secretary Says Combating Climate Change Will Strengthen Economy
Making investments in combating climate change will make the U.S. economy stronger and create tens of thousands of jobs, U.S. Treasury Secretary Jacob J. Lew said. "The need for action is clear," Lew ...
RMS Partners With 100RC to Quantify and Manage Natural Hazard Risks
Catastrophe risk management firm RMS has teamed with 100 Resilient Cities—Pioneered by The Rockefeller Foundation (100RC) in a partnership that will allow cities in the 100RC network to access the ...
Canada Mulls Special Fund to Spread Oil-by-Rail Insurance Burden
The Canadian government is looking at extending the insurance burden for crude-by-rail disasters beyond just railways and is weighing the idea of a special fund similar to one once set up for ...
The East Coast’s $100 Billion Event
October 29 marks the two-year anniversary of Hurricane Sandy roaring ashore, destroying homes, businesses and infrastructure in its path. For those still on the road to recovery two years later, the ...
Wills Re North America Head Sees Possibilities at NAMIC Conference
As the National Association of Mutual Insurance Companies' annual conference got underway this week, Willis Re North America President James Kent said he was bullish about the possibilities for his ...
Capital Modeling: More Than Meets the Eye
If your eyes glaze over when the subject of capital modeling comes up, there are some enormous business benefits to what can seem like a regulatory compliance exercise. Capital modeling draws yawns ...
Beazley: Cyber Breaches are Small in Number But Growing
Specialty insurer Beazley has identified the most common source of data breaches, and they're not all in the cyber world. Most come from misdirected emails and faxes and the loss of paper records, ...