El Nino May Return as Pacific Ocean Shows Signs of Warming January 30, 2014 By Phoebe Sedgman and Eko Listiyorini An El Nino weather pattern, which can parch Australia and parts of Asia while bringing rains to South America, may...
Warming Climate Caused by ‘Human Influence’ Says IPCC’s Latest Report January 30, 2014 “Warming of the climate system is unequivocal, human influence on the climate system is clear, and limiting climate change will...
Sunderland Marine Members Vote for Merger with North of England P&I Club January 30, 2014 By Charles E. Boyle UK-based P&I Club Sunderland Marine (SMMI) announced that its members “voted strongly in favor” of the proposed merger with North...
Oasis’ ‘Open Source’ Cat Model – a User Friendly Game Changer? January 29, 2014 By Charles E. Boyle “We’ve been working on the development of an open source framework for catastrophe models for the last three years, but...
Near Record $7.1 Billion in Cat Bonds Issued in 2013: Willis Capital Markets January 29, 2014 Last year saw a record number of 29 catastrophe bond deals, according to Willis Capital Markets & Advisory (WCMA), the...
ACE Reports Q4 Net Operating Income of $824 Million; FY $2.317 Billion January 29, 2014 ACE Limited reported net income for the quarter ended December 31, 2013, of $998 million, or $2.90 per share, compared...
Aon Releases Terrorism, Political Violence Map; Retail, Transport Most at Risk January 29, 2014 Aon Risk Solutions, the global risk management business of Aon plc, has released its 2014 Terrorism and Political Violence Map...
Iran Oil-Shipping Insurance Seen Unusable on Lack of Clarity January 29, 2014 By Alaric Nightingale Insurance for tankers to export Iranian crude may be unusable even after the U.S. and the European Union eased sanctions...
Oasis Consortium of 21 Insurers, Brokers Launches Independent Cat Model January 28, 2014 The Oasis Loss Modelling Framework has unveiled what it describes as “the most significant development in the modelling of natural...
Oil Train Catastrophe Risk Weighs on Insurers: Kemp January 28, 2014 By John Kemp In the event of a mass-casualty accident involving the derailment of a crude-carrying train in a densely populated urban area,...