Features – Page 10
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Features
A letter from the editor to a major UK insurer
Dear property insurance manager,Thank you for the cheque reimbursing us for the damage to our roof in windstorm Kyrill. We are happy that you did not allow us to increase our deductible from £100 to £1,000 as we had suggested a few months earlier. The claim cost you, or more ...
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Features
Topics and trends
A steady stream of regulation has imposed stringent requirements on European company directors and officers. Sue Copeman looks at the areas that risk professionals believe have implications for management liability in 2007.
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Features
Sri Lanka in the Shadow of Terrorism
Since 1983, civil war and terrorism have, in the eyes of the international media at least, provided an ever present backdrop to Sri Lankan affairs.
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Contingency Costs in Fighting Terrorism
The costs of a terrorism incident - both in terms of human suffering and monetary loss - are catastrophic. Thwarting a terrorist attack can also be disruptive and expensive for business.
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Ten Years of Earthquake - Insurance in Japan
In this article, we look back over the past 10 years in the Japanese insurance industry with the focus on earthquake coverage. We also attempt to make some predictions for the future direction of eart
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Lloyd's prepares for the worst
If the global insurance industry had a mission statement, it should simply say, 'Be prepared'.
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Staying in business after the storm
For a company in a hurricane prone area, a hurricane emergency plan may mean the difference between being back in operation quickly and going out of business for good.
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The WoW Factor in Hurricane Damage Mitigation
Wall of wind (WoW) research capability developed by the International Hurricane Research Center in Florida will change standards for building practices and retrofitting technology of existing structur
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What role for government?
Frank Nutter, president of the Reinsurance Association of America (RAA), answers some questions from Catastrophe Risk Management about the US market, including proposals for more government involvemen
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From model output to price
Sophisticated methodologies and processes to price catastrophe risk are paramount if reinsurance is to remain a reliable and stable form of capital for clients underwriting in catastrophe exposed area
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A Model of Tenacity
A little over 20 years ago, a young woman, metaphorically clutching her new masters degrees in economics and business administration, went to work in Boston for the US subsidiary of one of Britain's l
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Features
Froogle continuity!
Google's 'Froogle' service compares cheapest internet sources for common consumer items. Business continuity solution economics prove harder to evaluate. Ian Hammond gives his company's own top ten affordable continuity "must-haves"
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Competing in the age of the continuous enterprise
Keith Tilley believes that companies outside the financial services sector are generally unaware of the damage that downtime causes and of how to prevent it.
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Building an effective incident handling team
Klaus Majewski describes one security manager's novel approach to on-the-job training.
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Business as usual?
You have a problem and you need to switch to your alternative off-site facility. But will it be the seamless transition you planned for? Jared Landin discusses how you can avoid unpleasant surprises.
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Modelling Offshore Energy Risk
Two years of devastating hurricanes pose the question - can offshore energy risk be modelled?
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Features
Financial Management of Large Scale Catastrophes
The OECD has launched an international network that will gather high level public officials, representatives of the private sector and academic experts with a view to exchanging information and provid
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Features
Managing Uncertainty in Cat Models
Difficult questions raised by the 2005 hurricane season on the merits of the various types of analyses that underpinned trading decisions continue to worry senior management.
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Features
Reviewing Model Changes
Commercial catastrophe model vendors have made key changes this year to their US hurricane and European windstorm models. Especially for US hurricane, the effect on modelled loss is material.