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The frequency and severity of natural catastrophe impacts to built assets are increasing. Governments and their taxpayers are taking increasing shares of disaster relief from such events, creating an ...
Superstorm Sandy made landfall October 29, 2012, crossing the coast of New Jersey and creating damage in a widespread path up and down the East Coast. Sandy, a post-tropical cyclone, caused more ...
During a discussion of the growing risks facing property/casualty insurers at conference recently, William R. Berkley suggested that one risk—social media—is changing the way carriers deal with ...
Social media is all around us, but business executives run some additional risks when using these types of sites. A lot of sensitive information ends up on social media, and there is an undeniable ...
There are now clear signs that the low interest rate environment is forcing underwriting discipline in the casualty market, carrier executives said during earnings calls last week, but one glaring ...
London market participants are competitive but disciplined, Validus Holdings' CEO said on Friday. But one pocket of "excessive competition" is coming from Berkshire Hathaway's Lloyd's sidecar—a ...
As first-quarter earnings reports started trickling in from property/casualty insurers and reinsurers carriers last week, two executives confirmed that property-catastrophe pricing is coming under ...
Visions of robotic self-driving cars may appear like something from a George Lucas film but in June 2011, this vision took a giant leap toward becoming reality when Nevada became the first state to ...
The theme last year's International Union of Marine Insurance conference, "Charting the Course through Economic Uncertainty," certainly was on target. Marine insurers from around the world were told ...
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