PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, has updated its Europe Industry Exposure Database with revised “market-wide property sums insured for European windstorm for Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway, Sweden, Switzerland …
New data-protection proposals from the European Union to help people regain control of personal information from sites like Facebook could prove as effective as commanding the tide, while hurting small firms and Web giants alike. The new legislation, which European …
An analysis from Willis Re, the reinsurance broking arm of Willis Group Holdings, notes that the majority of this year’s catastrophe losses arose “from un-modeled or inadequately modeled perils or territories.” As a result reinsurers “are being more forceful in …
Hackers broke into Sony Corp.’s computer networks and accessed the information of more than 1 million customers to show the vulnerability of the electronic giant’s systems, the latest of several security breaches undermining confidence in the company. LulzSec, a group …
In a recent bulletin the Insurance Council of Australia (ICA) said it “has welcomed the National Disaster Insurance Review announced by the Federal Government.” ICA CEO Rob Whelan said the National Disaster Insurance Review has the full support of the …
Remember 2010? U.S. and international scientists reckon it tied for the warmest year on record, supporting findings of unequivocal global climate change, but despite the evidence climate skeptics remain unconvinced. Those who study the climate skeptic position say this raises …
