Do Insurers Pose Systemic Risk?
The G20 is meeting today and tomorrow and among the items of its agenda is finalizing the new, stricter capital requirements that Basel III will mandate for banks. And also insurers? Perhaps, according...
View ArticleThe Top 25 Property/Casualty Insurance Writers
No, neither Johnathan Franzen nor myself made the list. We’re talking about the companies that wrote the most business in 2010. Here’s the full list of the top 25 U.S. carriers in terms of net premiums...
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Managing Small Business Risk
As any risk manager can tell you, risk knows no market segment. Large businesses with their multi-million dollar losses may get more attention but small- and medium-sized enterprises (SMEs) face risks...
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Weather Risks Often Overlooked
Unpredictable weather is a risk that can’t be put off or ignored. In fact, insurer payouts for weather-related catastrophes rose from $15 billion a year between 1980 and 1989 to a staggering $70...
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Marine Losses Continue Downward Trend
The marine industry continued to see a steady decline in the number of large ships losses globally since 2002, with 94 ships lost in 2013, down 20% from 117 reported in 2012, according to a study by...
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Katrina’s Lessons in Windstorm Risk Management
Hurricane Katrina, which pummeled the Gulf Coast of the United States 10 years ago on Aug. 29, has proven to be the deadliest and costliest disaster on record. The 2005 Atlantic hurricane season was...
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