Insurers Worry 2012 Will Top 2011 for Record Weather Disasters December 28, 2011 From floods that crippled countries, to mega cyclones, huge blizzards, killer tornadoes to famine-inducing droughts, 2011 has been another record-breaker...
Reuters Analyst Warns World Must Keep Focus on Climate Risk November 17, 2011 By Gerard Wynn Gerard Wynn, a Reuters market analyst, has expressed his own views on the necessity of continuing to deal with the...
Bermuda Re/Insurers Announce Q3 Cat Loss Estimates October 17, 2011 A number of Bermuda-based re/insurers have announced their respective loss estimates for the third quarter of 2011. The figures given...
Michigan Investigation of Detroit’s Wind-Swept Fires Still Underway September 6, 2011 State officials are still investigating the causes behind wind-swept fires that burned last year in a number of Detroit neighborhoods,...
Sony Says London Warehouse Fire May Affect UK Deliveries August 10, 2011 Sony Corp said on Tuesday deliveries in Britain of compact discs and DVDs could be affected after a fire hit...
ABI Explains UK Riot Coverage; Damages Estimated to Exceed $162 Million August 10, 2011 The Association of British Insurers has issued a set of guidelines and an explanation of the insurance coverage incident to...
Britain Burns: Riots Spread through UK Cities August 10, 2011 By David Stringer and Raphael G. Satter A wave of violence and looting raged across London and spread to three other major British cities on Tuesday, as...
EQECAT Analyzes Specific Exposures from Japan Quake/Tsunami March 15, 2011 Catastrophe modeling firm EQECAT has issued a bulletin describing the potential insured market losses and summarizing the various impacts of...
“Unexpected Nature” of Japan Quake Complicates Insured Loss Estimates March 14, 2011 By Ben Berkowitz The unexpected nature of this week’s earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating...