Features – Page 5
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FeaturesWorking towards solutions for flood
Since 1980, Europe has suffered 17 catastrophic floods that have done at least $75 billion worth of economic damage in total. Only about 25% of these losses were insured. The devastating and costly events of 2002 and 2007 have spurred searches for better planning, precautions and financial solutions. By Lee ...
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FeaturesStrategic planning to reduce flood impact across Europe
On 26 November 2007, the new European Directive on the assessment and management of flood risks entered into force. For the first time, EU legislation requires its members to plan strategically to reduce the adverse consequences of flood events on human health, economic activities, the environment and cultural heritage. ...
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FeaturesDifferentiating our view of cat risk
Over estimating catastrophe risks is as bad as underestimating them, as both create additional costs. We must understand risk better than our competitors to grow, decrease costs and maximise returns. By Gero Michel
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FeaturesManaging conflict within the captive
The introduction of more volatile risks into the captive strategy increases the risk of complex claims. Simon Kilgour and a panel of experts on captives consider potential disputes
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FeaturesTime to break the silence over NCB risk payouts
How would insurance policies respond to injury claims following a nuclear, chemical or biological attack? Robin Ferguson says there is a need for greater clarity
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FeaturesToday's European risk manager
Peter Joy looks at some of the findings of StrategicRisk’s Europe-wide survey of risk manager attitudes and concerns
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FeaturesHeading in the right direction?
Beata Paxford fears that the rules governing insurance intermediaries in Poland may not have achieved the EC’s aims of a level playing field
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Features
An engineer looks at cat models
Siamak Daneshvaran, senior vice president and director of engineering for Aon Re’s Impact Forecasting, talks to Catastrophe Risk Management. By Lee Coppack
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FeaturesWill changes in climate increase insured losses
The general effects of a global temperature increase they may contribute to a decrease in property risk in some places, while increasing it at others. By Dance Zurovac-Jevtic, Rebecca Cheetham and Caroline Daniell
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FeaturesTalking about modelling
The cost of homeowners’ insurance is a very sensitive subject in US coastal states, and the role that catastrophe models may play in helping underwriters determine rates is bringing them under increasing scrutiny from politicians. By Lee Coppack
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FeaturesThe financial consequences of natural disasters
There is significant value for the public sector to shift from a disaster relief approach – looking for financial support after an event – to one which includes the accumulation of funds and the spreading of risks before a loss occurs. By Reto Schnarwiler
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FeaturesExposures: An industry solution at last?
The insurance industry is continuing its efforts to agree a standard for catastrophe exposure data. By Puneet Bhara
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FeaturesEurope continues to pursue offenders
Flouting European unfair competition rules is becoming increasingly costly. But some companies still do not seem to be taking the message on board
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FeaturesRisk management progresses
Rafal Rudnicki provides an overview on how risk management is evolving in Poland
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FeaturesManaging new risks
Which emerging risks do companies think are important? And are they doing anything about them? Nathan Skinner analyses the results of our readership survey.
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FeaturesFrom Soup and Beer to Drought and Downpour
Some 30% of businesses worldwide have some direct exposure to weather related risks and 60% have indirect exposure. By Jean-Christophe Garaix
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FeaturesPublic Cat Schemes: Kittens Everywhere You Look!
Although the history of government insurance purchase for catastrophe risks is much shorter than that of the private sector, it is growing fast, as evidenced by the number of new schemes worldwide and the interest they have sparked in neighbouring countries. There are also clear trends in the development of ...
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FeaturesInsurers bracing for a rougher ride
Karin Clemens asks whether the current market is sustainable
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FeaturesTreading a tightrope?
Do StrategicRISK Benchmarking Club correspondents think that IT security measures are sufficient and should laws be tightened in this area? Sue Copeman describes the results of our latest survey
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Features
Steel Industry Loss, Reinsurance Gain
The discovery that he definitely did not want a career in the steel industry propelled a young graduate mechanical engineer in North Carolina to New York City and into the arms of the insurance industry. By Lee Coppack
