Risk & Capital Management
Climate Change Fallout: FEMA May Have to Buy Millions of Flood-Prone Homes
As the climate crisis worsens, more Americans will be forced from their homes. Many won't be able to afford it, and the U.S. isn't prepared for a massive, government-subsidized migration away from ...
Insurance Linked Securities in 2019: Asking the Right Questions
The record losses we saw in 2017 and 2018 were felt heavily by the insurance industry, and there is no denying that two years of losses have affected investor sentiment. While such a statement is ...
EU Mulls Energy Taxes to Counter Climate Change, Reduce Carbon Emissions
The European Union is considering new energy taxes, including on the aviation sector, to meet its climate targets, top officials said on Friday, with Germany calling for "drastic steps" to reduce ...
On-Demand Cat Models: Xceedance, Oasis LMF Team Up
Xceedance, a global provider of insurance consulting, managed services, technology, data sciences and blockchain solutions, announced on Sunday that it is teaming up with the Oasis Loss Modelling ...
Loss Creep Brings End to Soft Market: Guy Carpenter
In a report published this weekend, Guy Carpenter explains that extended development from North American hurricane losses and losses from non-peak perils like California wildfires have finally jolted ...
Risks Hiding in Plain Sight
When an Italian man attended an art exhibit in the Serralves Museum in Portugal last year, he didn't expect to be hospitalized just for trying to view one of the works on display. But that's exactly ...
White House Is Major 2019 Geopolitical Risk: I.I.I. Joint Industry Forum
As insurers track both old and new risks heading into 2019, here's one that carriers don't typically consider: The White House. David Wessel, director of The Hutchins Center on Fiscal and Monetary ...
Hurricane Florence Demonstrates Perils of Being Underinsured/ Uninsured, Says RMS
Hurricane Florence caused extensive freshwater flood damage in the Carolinas and parts of Virginia in September—and about 70 percent of those flood losses will be uninsured, according to RMS. "The ...