All Man-made articles – Page 5
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CBNR cover remains unavailable, says Guy Carp
The availability of terror insurance has improved but there remains little cover for chemical, nuclear, biological and radiological risks
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Beazley launches new liability product
Beazley has launched a new worldwide public liability and employers’ liability product for the event industry
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CCR superior ratings affirmed
AM Best has affirmed the financial strength rating of A+ (superior) of French reinsurer Caisse Centrale de Reassurance
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Cat issues high on NAIC agenda
Catastrophe issues are high on the agenda at this year’s Summer NAIC meeting, which coincides with the start of 2007 storm season
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Online onlyWTC payout sets new record
The record World Trade Center settlement is seeing further delays
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WTC insurers agree $2.5bn payout
Seven insurance companies have agreed to pay an additional $2.5bn to resolve all outstanding claims on the World Trade Center
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Ark appoints political risk underwriter
Simon Low has joined Ark as senior terrorism, war and political risk underwriter
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Online onlyBusinesses failing to address terror risks
New Lloyd's report finds businesses are failing to recognise the potential impacts of political violence
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Experts’ forum highlights need for quick action on TRIA
A cross-section of top academicians have highlighted the need for quick action on extending the Terrorism Risk Insurance Act
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Life catastrophe market shaped by 9/11
A new survey confirms that catastrophe reinsurance buying habits have changed significantly since 9/11
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Lloyd's: Emerging risks impeding business development
Increased concerns at board level regarding terrorism is causing businesses to avoid investing in politically sensitive areas
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Plumeri welcomes NY TRIA hearing
Willis CEO Joe Plumeri has welcomed a congressional hearing on the extension of the Terrorism Risk Insurance Act
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Cross country flu pandemic model launched
RMS releases RMS Infectious Disease Model, the first commercially model for assessing the risk of influenza pandemics across multiple countries
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Global Matters
Change in the wind
The mid-term elections in the US could spell disaster for the insurance industry.
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Global Matters
Terror pool fund injection
India's terrorism backstop is seeking a substantial increase in funding to deal with increased threat levels.
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Global Matters
Landmark ruling on World Trade Center
Federal ruling signals the end of a long and bitter legal protest.
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Global Matters
The trouble with TRIA
A new GAO report finds TRIA severely lacking in the face of potential mega-events.
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GR Focus
Terror still reigning
The evolving nature of terrorism presents constant challenges for insurers looking to provide adequate coverage in an expanding market. Stephen Ashwell offers an update on terrorism risk today.
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GR Focus
Terrorism - last chance saloon
After much speculation, the US federal terrorism backstop - TRIA - was renewed until December 2007. But is that enough time to find a viable long-term alternative? asks Nick Thorpe.
