At first glance, Kathryn Soderberg would seem an unlikely candidate for an insurance agent whose expertise in marketing to Hispanic customers lands her gigs on radio talk shows and leading Hispanic market training sessions for large insurance companies. Soderberg, president …
At first glance, Kathryn Soderberg would seem an unlikely candidate for an insurance agent whose expertise in marketing to Hispanic customers lands her gigs on radio talk shows and leading Hispanic market training sessions for large insurance companies. Soderberg, president …
According to catastrophe risk modeling firm AIR Worldwide, a powerful 7.1 magnitude earthquake struck off the coast of Honduras early Thursday morning. AIR said “the earthquake hit at 3:24 a.m. local time (08:24 UTC) 39 miles (64 km) northeast of …
According to catastrophe risk modeling firm AIR Worldwide the U.S. Geological Survey (USGS) estimated that the earthquake, which struck Costa Rica last week, measured 6.1. The epicenter was located about 35 km (22 miles) northwest of the capital city, San …
American International Group has acquired 18 percent of MicroCred Nanchong, China (MNC). The deal also gives AIG the exclusive right to sell micro insurance to MNC clients for two years. “MNC is the first wholly foreign-owned micro credit company in …
Governments in emerging markets are increasingly looking at the potential to tap capital markets to help fund the cost of recovery when costly natural catastrophes strike, experts say. Some nations have already issued debt instruments — referred to as catastrophe, …
As hurricanes go, it isn’t, but tropical depression Arthur has nonetheless won the distinction as the the first named storm of the current season. The most recent – and last – bulletin from the National Hurricane Center in Miami, indicated …
Millions of Floridians sweated. Restaurant owners tossed out their food. Motorists battled each other even more than usual. And all for something that should have been just a blip on the electrical grid. An equipment malfunction in a substation near …
Swiss Re has structured and placed $85 million worth of securities covering windstorm events in the US as well as earthquakes in California and Central America. “The bond is the first ever linked to Central American earthquakes,” said the announcement. …
According to a report from Fitch Ratings – “Central America Insurance Sector-” there are “positive trends in premiums and operating expenses,” in the region, which have increased profitability, and have led to “healthy growth in premiums in Central America led …
