March 17, 2015
Some people call it the “light bulb effect” — that point in a learning experience when a previously opaque concept suddenly seems crystal clear. For Christopher J. Boggs, that light bulb effect is the most gratifying aspect of his job …
March 17, 2015
Merger and acquisition activity in the property/casualty industry is increasing in deal value and will likely expand from reinsurers to primary carriers, according to two new industry reports. Deloitte said that the average deal size in the sector grew more …
March 17, 2015
The waters of the Pacific Ocean may provide some clues on what kind of tornado season will erupt across the southern U.S., according to a paper in the journal Nature Geoscience. The study found that if the Pacific enters an …
March 17, 2015
Louisiana is vulnerable to extreme weather and natural catastrophes in ways only a few other states experience. By all indications, that exposure will only grow worse, as a combination of sea rise, erosion and subsidence causes Louisiana to lose a …
March 17, 2015
Pacific Islands devastated by Cyclone Pam over the weekend will be using the disaster to drive home the need for a globally funded insurance pool to aid in the recovery from such events when they attend climate-change talks in Paris. …
March 17, 2015
Margareta Wahlström, the UN Secretary General’s special representative for disaster risk reduction, and Rowan Douglas, Willis CEO for capital, science and policy practice, have been hard at work preparing for a series of conferences and meetings dedicated to integrating the …
March 17, 2015
The Caribbean general insurance market remains profitable, albeit challenging, for participants, according to an A.M. Best special report titled “Caribbean-based General Insurers: What Lies Ahead?” The report says that the region is susceptible to major storm damage, earthquakes and flooding, …
March 17, 2015
San Diego, CA, March 17, 2015 – Investigation Solutions, Inc. (ISI), a national multi-line field adjusting and investigation company specializing in uncovering fraudulent insurance claims, has promoted Tim Cloney from director to vice president of investigations. Tim joined ISI in …
March 17, 2015
Storebrand ASA, Norway’s largest listed insurance company based on assets under management, is buying mortgage bonds and real estate to escape negative rates. “Mortgage and corporate loans, where we are familiar with the credit quality, are exciting,” Chief Executive Officer …
March 17, 2015
ACE has promoted Andrey Sedov to the newly created position of head of property risk engineering for Eurasia and Africa, as the company continues to build its risk management capability for clients across its newest regional business and around the …