As Political Risks Proliferate, Insurers Increase Coverage Options July 10, 2013 By Jonathan Gould Could it happen to us? Tourism, manufacturing and resources companies surveying an unpredictable world are increasingly having to consider insurance...
TS Chantal Weakening; Some Watches and Warnings Cancelled July 10, 2013 The National Hurricane Center’s bulletin, issued at 5:00 AM AST, notes that Tropical Storm Chantal has become much weaker since...
Oil Tank Cars Like Those in Quebec Rail Tragedy Long Seen as Flawed July 10, 2013 By Cezary Podkul and Joshua Schneyer The oil-laden train that derailed and exploded in a small Canadian town on Saturday, possibly killing as many as 50...
Flash Flood Triggers Blackouts, Transport Chaos in Toronto: AIR Analysis July 10, 2013 Catastrophe modeling firm AIR Worldwide reports that “after days of heavy precipitation, a torrential thunderstorm on July 8th dropped an...
Lloyd’s Says High Taxes, Regulation Burden European Firms July 10, 2013 By Ambereen Choudhury High taxation and new regulations are among the most pressing concerns for senior European company executives, according to a survey...
Tower Group International Enters Marine and Energy Market July 9, 2013 Tower Group International, Ltd. has entered into the marine and energy insurance market. Tower’s new marine and energy team will...
Run-Off Specialist Enstar Buying Torus Insurance to Expand Into Direct Sales July 9, 2013 Bermuda-based Enstar Group Ltd., a firm that typically acquires and manages insurance and reinsurance companies in run-off and portfolios of...
O’Donohoe Succeeds Tobin as Torus Group CEO July 9, 2013 Dermot O’Donohoe has been appointed group CEO of the Torus Group, the specialty insurer said. O’Donohoe succeeds Clive Tobin, who...
Latest NHC Analysis of TS Chantal; Storm Warnings, Watches in Effect July 9, 2013 The National Hurricane Center’s most recent bulletin, released at 5:00 AM AST, places Tropical Storm Chantal in the Atlantic Ocean,...
UK’s ABI Highlights 7 Challenges Facing the Insurance Industry July 9, 2013 The Association of British Insurers has released a report at its biannual conference In London, entitled “Identifying the Challenges of...