Modelling
Reinsurance sector braced for huge losses in Japan
The global reinsurance industry is positioned to absorb the impact of the Japanese earthquake — even if the insured losses reach $35bn (£21.7bn).
Industry begins counting cost of New Zealand quake
The insurance industry has begun estimating its exposure to the 6.3 magnitude earthquake that shook Christchurch, New Zealand.
Quake sends insurers back to square one
Insurers' efforts in settling claims from the September earthquake in Canterbury, New Zealand are "back to square one" after this week's 6.3 magnitude earthquake, according to the chief executive of Cunningham Lindsey New Zealand.
Predictive analytics: the benefits to insurers
With insurers getting an increasing amount of data about their customers, Matthew Palmer looks at the benefits of predictive analytics.
Air Worldwide: Second NZ quake “more damaging”
The earthquake which struck New Zealand yesterday has caused more damage than the quake which hit the country in September, catastrophe modelling firm Air Worldwide has claimed.
AIR predicts NZ quake losses of up to $8bn
AIR Worldwide has estimated that industry insured losses from the magnitude 6.1 earthquake that struck New Zealand’s South Island near Christchurch on 22 February (UK time) will be between NZD$5bn ($3.5bn USD) and NZD$11.5bn ($8bn USD).
Major earthquake hits Christchurch
A major earthquake of magnitude 6.3 occurred near Christchurch, New Zealand on 22 February at 12:51pm local time (11:51pm on Monday 21 February 21 GMT).
Aon Benfield calls for wider adaptation of internal SII models
Aon Benfield is calling for a simplified internal model approval process for natural catastrophe risk that would encourage insurers to better quantify these exposures under Solvency II.
In series - Geography & Solvency II: Advice on getting data right
For the majority of insurers and to a certain extent brokers, data quality has consistently been an issue with reasons ranging from the ongoing problems of legacy systems to basic human error, as Sarah Adams explains.
Natural catastrophes: A model example of assessing earthquake exposure
Earthquake costs are rising steadily. Jane Bernstein examines insurers' current use of modelling, recent event responses and solution sustainability.
Risk modelling - Underwriter responsibility: Model behaviour
Models have quickly become a valued tool for underwriters. Matthew Washington examines how the advent of Solvency II could really make them fly.
View from the top: Staying ahead of the game
So, business plans have been approved and/or amended and 2011 looms ever closer. In today's market there is at least one certainty: it will be just as challenging to produce an underwriting profit next year as it has been in 2010.
Trio joins Paris team at Towers Watson
Towers Watson has strengthened its presence in the continental European reinsurance market with three appointments to its Paris-based reinsurance team.
Trio joins Paris team at Towers Watson
Towers Watson has strengthened its presence in the continental European reinsurance market with three appointments to its Paris-based reinsurance team.
Climate experts gather for Cambridge research findings
Leading figures from the world of climate science, government and mathematics will today hear findings from a research programme aimed at advancing climate change forecasts.
IUA embraces impact of catastrophe modelling on insurance industry
The London market is developing an increasingly sophisticated catastrophe modelling community as companies look to support their operations with the latest techniques and research.
Exposure management: Forewarned is forearmed
Suki Basi argues that further market transparency is necessary in order to deliver improved exposure management
Communicable diseases: Vaccinating the industry
Jeremy Golden highlights the growing problem worldwide of infectious diseases and how it will affect the outlook of reinsurance.
BIS 2010: Willis CEO warns that risks will need to be "recalibrated"
The insurance industry needs to ensure that it produces new products and services that are relevant to the new environment of corporate shocks and catastrophes.
Karl wreaks havoc in east of Mexico
Hurricane Karl made landfall around 11:30am on 17 September local time, just to the north of the port city of Veracruz on the east Mexican coast.
Wind turbine modelling tool launched
A new wind energy risk assessment tool aims to give wind operators access to more competitive premiums.
Wind turbine modelling tool launched
A new wind energy risk assessment tool aims to give wind operators access to more competitive premiums.
RSA improves arson risk model
RSA has replaced its geographic risk assessment tool with a model that aims to more accurately determine the risk of arson for individual commercial and residential properties.
AIR updates European cyclone model
Catastrophe risk modelling firm AIR Worldwide has released an update to its extra tropical cyclone model for Europe.