Modelling
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.
AIR updates European cyclone model
Catastrophe risk modelling firm AIR Worldwide has released an update to its extra tropical cyclone model for Europe.
EQECAT: insurers hit by £1.65bn insured losses in New Zealand
Catastrophe management software firm EQECAT has provided an updated loss estimation for the magnitude 7.1 earthquake that occurred near Christchurch, New Zealand.
NZ earthquake losses to near £3bn
Reinsurers are set to be primarily impacted by the 4 September earthquake near Christchurch, New Zealand.
New Zealand losses estimated to top £1.3bn
Insured losses from the New Zealand earthquake are estimated between NZD 2700m (£1268m) and NZD 6000m (£2814m).
New Zealand hit by major quake
New Zealand’s second largest city, Christchurch, has been hit by an earthquake measuring 7.4 on the Richter scale.
Catastrophe: Put a (stronger) lid on it
Natural catastrophe models have been transformed through scientific research, growth in global and localised observation systems and modeling technology enhancements. But despite this, uncertainty remains, say Claire Souch and Michael Kistler.
Fortis invests in household offering
Fortis has invested in a new suite of computer models that aims to predict the relative risk of claims for several insured perils across the UK.
40% chance of storm passing Gulf spill by end of August: RMS
RMS suggested there is just over a 15% chance that a tropical storm or hurricane will pass within 100 miles of the Macondo oil well before the end of July, rising to more than 40% by the end of August, requiring precautionary evacuation of the…
Career development & CSR news: Barrie & Hibbert supports risk academy at Heriot-Watt
Risk modelling specialist Barrie & Hibbert has announced its support of the Scottish Financial Risk Academy, which it claims is the first of its kind in the UK. It was established by Heriot-Watt University following the award of a £335 000 grant by the…
RMS appoints ex-Aon Benfield exec as VP of client development
Modeling firm RMS has appointed Aon Benfield executive director Christer Pehrson as vice president of client development
RMS predicts insured losses from Xynthia could rise to €2bn
Risk Management Solutions has estimated that private market insured wind losses from Windstorm Xynthia will fall between €1.0bn and €2.0bn.
European insurers must rebuild capital
As insurance companies wait for the world economy to slowly recover, they must work to rebuild capital, reassess risk management, integrate changing regulations and aggressively seize opportunities for growth, both via acquisition and new product…
European insurers must rebuild capital
As insurance companies wait for the world economy to slowly recover, they must work to rebuild capital, reassess risk management, integrate changing regulations and aggressively seize opportunities for growth, both via acquisition and new product…
CCRIF pays $7.75m to Haiti
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid out $7.75m to the Government of Haiti following the Magnitude 7.0 earthquake which struck close to Port-au-Prince on 12 January, causing damage of catastrophic proportions.
California mudslide could cost nearly $5bn
The mudslide that is threatening homes in Southern California could cost homeowners nearly $5bn, First American Core Logic has said.
US earthquake model launched
RMS launches a US earthquake model