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...
RMS Releases Suite of Europe Inland Flood Risk Data to Open U/W Opportunities August 22, 2016 RMS, the Newark, Calif.-based catastrophe risk management firm, has released a suite of Europe inland flood hazard data products. Describing...
Ports in Japan, China and U.S. Face Highest Risk from Natural Catastrophes: RMS August 8, 2016 By Agnel Philip Ports in Japan, China and the U.S. face the greatest financial risk from natural disasters because of their vulnerable locations...
Just 2% of China’s July Floods Covered by Insurance, vs. Nearly 70% in U.S.: Aon August 5, 2016 China’s seasonal “Mei-Yu” rainfall in July led to the worst flooding since 1998, bringing total combined economic losses of an...
Climate Change Modeling is Closer than You Think July 28, 2016 By Don Jergler For the last few years you got a common response from catastrophe modelers who advise the property/casualty industry when asked...
AIR Worldwide Expands Global Pandemic Model to Include 6 Additional Diseases July 26, 2016 Boston-based catastrophe risk modeling firm AIR Worldwide (AIR) announced it has expanded its Global Pandemic Model to include outbreaks of...
Lloyd’s Has Potentially Large Exposure to Catastrophic Cyber Attack: Adsensa Review July 25, 2016 A review of almost 400 reinsurance contracts underwritten at Lloyd’s of London has revealed potentially significant vulnerabilities and exposures if...
Global Insured Losses Hit $30B in 1H 2016, 30% of Economic Losses: Aon Benfield July 21, 2016 Preliminary global economic losses reached US$98 billion during the first half of 2016, while global insured losses hit US$30 billion...
AIR Worldwide Launches Global Resilience Practice with Kaniewski as Leader July 19, 2016 Catastrophe modeling firm AIR Worldwide (AIR) has formed a global resilience practice, which aims to support risk reduction and resilience...