Since 14 US states require that standard commercial fire policies include fire following an act of terrorism, even if terrorism itself is excluded, insurers need a methodology to estimate their potential losses. This paper summarizes one such approach.
Latest cyber developments including notable breaches, legal/litigation and regulatory news.
The importance of exposure data accuracy/completeness and risk characteristics in developing accurate estimated losses.
The implications of Sacramento’s flood and earthquake exposure, to the local population and the wider California economy.
A summary of the wide range of climate conditions which interact to form persistent weather patterns, their impact on Brazil, and the implications for insurers.
A summary of the science behind five major natural catastrophe exposures – typhoons, monsoons, winter storms, drought and earthquakes- and the implications for insurers.
The climatology and effects of Atlantic storms as they impact Europe, including extracts from an Accuweather study on climate signals and storm paths, and the implications for insurers.
A summary of the science behind this phenomenon, its impact on extreme weather conditions in the Northern Hemisphere, and the implications for insurers.
The effects and impacts of this most studied climate pattern that emanates from the Pacific Ocean, affects global weather patterns, and the implications for insurers.
How this climate phenomenon influences heavy rainfall and tropical cyclone patterns from the Indian Ocean and around the world, and the implications for insurers.
An overview of the hurricane climatology for Mexico’s Pacific and Atlantic coasts, the impact on weather phases, and the implications for insurers.
A summary of the current science and popular perception of the zone and the risks associated with it, and the implications for insurers
In partnership with rare.org, we reviewed a number of ideas for improving community resilience. Here we showcase the winning entries, together with the general lessons we learned from the experience.
The Global Reinsurance Forum (of which TransRe is a founding member) highlights the role of an integrated risk management structure (government regulation, improved engineering in addition to (re)insurance) to improve society’s resilience to natural and man-made disasters.
The Reinsurance Association Of America’s President, Frank Nutter, highlights both the threat and impact of US natural catastrophes, using a wealth of statistical data, as well as the role of insurance, and recommended developments.