Weather Events in U.S., Australia Cost Insurers $1B+ in February: Aon March 9, 2017 Insurers face claims of more than US$1.0 billion as a result of severe weather events in the U.S. and Australia...
Hiscox Appoints RMS’ Khare as Group Head of Catastrophe Research March 9, 2017 Specialist insurer Hiscox has appointed Shree Khare as group head of Catastrophe Research. Khare will lead the research that directly...
Colombia’s Regulator Approves RMS Earthquake Model for Use by Insurers February 21, 2017 RMS, the the Newark, Calif.-based catastrophe risk management firm, has received approval from the Colombian insurance regulator, Superintendencia Financiera de...
Indonesia’s M6.5 Quake Kills Nearly 100 with Low Insurance Losses Expected: AIR December 8, 2016 An M6.5 earthquake jolted the northernmost area of Sumatra, Indonesia, on Dec. 7 at 5:03 a.m. local time, with nearly...
RMS Peru Earthquake Model and Actuaries Climate Index Are Launched December 1, 2016 RMS and a group of actuarial societies each rolled out new products designed to respectively help measure risks related to...
New Zealand Avoids Widespread Damage from Earthquake; AIR Comments November 14, 2016 By Matthew Brockett New Zealand was rocked by a powerful earthquake early Monday that killed two people and caused extensive damage to roads...
AIR Worldwide Comments on Central Italy’s 2 Powerful Earthquakes October 28, 2016 The two powerful earthquakes that hit central Italy on Oct. 26 are considered aftershocks of the deadly Aug. 24, M6.2...
Typhoon Haima Hits China as Weaker Storm; AIR Worldwide Comments October 21, 2016 By Dominic Lau and Eduard Gismatullin Typhoon Haima made landfall in China after it brushed past Hong Kong, forcing the city’s stock exchange to cancel trading...
More Insurers Disclosing Climate Change Risks, Report Shows October 20, 2016 By Don Jergler Insurers in the U.S. are increasingly willing to disclose their risk management practices related to climate change, and that in...
Typhoon Lionrock Makes Landfall in Japan, Bringing Landslides, Floods & Deaths August 31, 2016 With strong winds, drenching rain, high surf, and coastal flooding, Typhoon Lionrock made landfall in the Tohoku region of Japan...