Articles by Charles E. Boyle

Experts Differ on Loss Figures for Queens Air Tragedy

The crash on Nov. 12 of American Airlines (AA) Flight 587, an Airbus A-300-600, with the loss of all 260 people on board and 5 on the ground, shocked New Yorkers and the rest of the nation. Coming almost two …

New Airline Tragedy Strikes New York

The crash on Nov. 12 of American Airlines (AA) Flight 587, an Airbus A-300-600, with the loss of all 260 people on board and five on the ground shocked New Yorkers and the rest of the nation. Coming almost two …

New Capital Boosts Bermuda’s Reinsurance Industry

As the reinsurance industry gears up to replace a good portion of the capital lost in the Sept. 11 attacks, companies are seeking to place themselves in a position to profit from the expected surge in demand and resulting increases …

New Capital Boosts Bermuda’s Reinsurance Industry

The reinsurance industry is gearing up to replace a good portion of the capital lost in the Sept. 11 attacks, and companies are also seeking to place themselves in a position to profit from the expected surge in demand and …

D&O Liability: Executives Bear the Weight of Success or Failure

Directors and Officers liability, commonly known as D&O, is a complicated type of risk. While it covers corporate activities, a corporation is a legal person, as are the directors and officers (D’s&O’s) who direct it. All of them can be …

D&O Liability Insurance: A Complicated Risk

Directors and Officers liability, commonly known as D&O, is a complicated type of risk. While it covers corporate activities, a corporation is a legal person, as are the directors and officers (D’s&O’s) who direct it. All of them can be …

Time-Tested Lloyd’s Turns to Address U.S. Disaster Losses

Lloyd’s of London, the world’s oldest and most visible insurer, has set about dealing with the aftermath of the terrorist attacks of Sept. 11. Two weeks after the event, it released its projected net loss figures. Calculations from more than …

Will Reinsurance Rebound from Terrorist Strikes in the U.S.’

If the nautical term best applied to the reinsurance industry last year this time would have been “Steady as she goes,” after the catastrophe that struck the U.S. on Sept. 11, the French term “sauve qui peut” describes its present …

New Focus On Business Interruptions Coverage

The destruction of the twin towers of New York’s World Trade Center and the sealing off of a large portion of lower Manhattan brought hundreds of business activities to a standstill, from the local newsstand to giant corporations. This disaster …

Lloyd’s Estimates U.S. Disaster Losses at$1.91 Billion

Lloyd’s of London, the world’s oldest and most visible insurer, finally released its projected loss figures from the disastrous events of Sept. 11. According to the calculations from over 100 syndicates, net loss exposure will be around £1.3 billion ($1.91 …