All Strategic Risk Global articles in October 2004
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Terrorism insurance
The US Treasury Department announced three months ahead of deadline that it is extending to the end of 2005 a provision of the Terrorism Risk Insurance Act (TRIA) that requires commercial property and
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Preparing a global prevention plan
Businesses can suffer catastrophic consequences from different types of events, some of which are not catastrophic in themselves
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UK flood stakes rise
The likelihood that climate change will result in more frequent and heavier rainfall has promoted increased concern in the United Kingdom about the potential for much more severe flood losses
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Hard Market flashes past
Anyone who wanted to measure the duration of the hard market for property treaty business after 9/11 would have needed a stopwatch rather than a calendar So, why did the largest insured loss in histor
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Introduction - From the Editor
As we went to press hurricane Charley had dissipated its force en route to New England but the storm left a trail of damage as it travelled diagonally across Florida Preliminary estimates of insured d
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Earthquake risk in schools
Faulty design and construction of school buildings in many countries put school children and teachers at unacceptable risk in earthquakes and other disasters, according to 30 world experts brought tog
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Containing The Container Risks
Marine underwriters' greatest difficulty is assessing exposure in areas where accumulation occurs either on conveyance or at distribution/collection points during the voyage in aggregation across a po
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Much to risk, much to consider
Much of Italy is vulnerable to natural catastrophe but risk management tools are just developing
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Complex systems and terrorism
Lessons from accidental collapse of integrated systems can help us manage terrorism risks
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Flood risk in eastern and central Europe
With almost no windstorm and earthquake risk, flood is the number one peril in many central and eastern European countries
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US cat losses down
US insured property loss claims for the first half of 2004 are estimated at $269 billion - the second lowest for insured losses during the past decade, according to Property Claims Services (PCS) unit
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Converium cat notes
Swiss reinsurer Converium has issued the Helix catastrophe bond, five year $100 million floating rate notes to protect the company against second and subsequent exposures to European windstorm, US ear
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California quake on the way?
Southern California could be due an imminent large earthquake if seismologist Vladimir Keilis-Borok and his team at UCLA's Institute of Geophysics and Planetary Physics are to be believed
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Modelling Belgian Flood
A model for Belgian flood risks will help insurers develop a market for residential property cover
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Asset management and catastrophe underwriting
Catastrophe underwriters have to manage their assets so they can respond to a severe event
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Analysing the catastrophe to capital relationship
Underwriters are becoming increasingly sophisticated in examining the relationships between their catastrophe exposures and their capital requirements
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Holiday island on volcano alert
Inhabitants of the popular holiday island of Tenerife in the Canaries are facing the prospect of its dormant volcano - Mount Teide - springing to life in the near future