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8
07, 2015
As Strong El Nino Looms, Cloud Seeding Gets a Tailwind
Circling thousands of feet above Tasmania’s farmland in a light aircraft, Christina Nebel prepares to release tiny chemical particles as part of a cloud-seeding scheme estimated to have helped boost rainfall on the Australian island by at least 5 percent. …
The article As Strong El Nino Looms, Cloud Seeding Gets a Tailwind appeared first on Insurance Journal.
7
07, 2015
How Rental Car Insurance Offered by Credit Cards Varies
In the midst of moving from Atlanta to St. Louis last year, Thomas Nitzsche discovered his parked rental car had been hit by another car, causing $791 in damage. To keep costs low, he had rejected the “collision damage waiver” …
The article How Rental Car Insurance Offered by Credit Cards Varies appeared first on Insurance Journal.
8
07, 2015
Altitude Risk Adds General Insurance Corp. of India to Capacity Providers
Altitude Risk Partners, Castel’s global aviation and space underwriting business, announced that it “has added the General Insurance Corporation of India [GIC], the world’s 15th largest reinsurer, to its aviation capacity providers. “The Indian government owned business joins existing capacity …
The article Altitude Risk Adds General Insurance Corp. of India to Capacity Providers appeared first on Insurance Journal.
7
07, 2015
Safety Experts Warn Smart Car Dashboard Screens Distract Drivers
When it comes to dashboard displays that are more like smart phones, two things are clear: Customers want them, and automakers are intent on supplying them. But are they really a good idea? Car companies answer with an emphatic yes. …
The article Safety Experts Warn Smart Car Dashboard Screens Distract Drivers appeared first on Insurance Journal.
8
07, 2015
PERILS 3rd Loss Estimate for Windstorm Ebon-Felix is $362 Million
PERILS AG has disclosed its third loss estimate for windstorm Elon-Felix which affected Western and Northern Europe between the 8th and the 12th of January 2015. The revised estimate of the property insurance market loss is €328 million [$362 million]. …
The article PERILS 3rd Loss Estimate for Windstorm Ebon-Felix is $362 Million appeared first on Insurance Journal.
7
07, 2015
El Niño Forming in Pacific Is Turbocharged by Tropical Cyclones
The El Niño forming across the Pacific has been turbocharged by a series of tropical cyclones that helped to shift the direction of trade winds, potentially adding to warming that’s evoking parallels with the record 1997-98 event. Several cyclones, including …
The article El Niño Forming in Pacific Is Turbocharged by Tropical Cyclones appeared first on Insurance Journal.
8
07, 2015
Rincón to Head New W. R. Berkley Subsidiary-Berkley Int’l. Seguros Colombia
W. R. Berkley Corporation announced the formation of Berkley International Seguros Colombia S.A., which it said would “provide a full range of commercial insurance products, including construction all risk, surety, general liability, directors and officers liability, select classes of professional …
The article Rincón to Head New W. R. Berkley Subsidiary-Berkley Int’l. Seguros Colombia appeared first on Insurance Journal.
7
07, 2015
Technology, Supply Chain & Regulation Top ACE Europe’s List of EMEA Risks
A list, compiled by the ACE European Group, sets out the “new wave of interrelated, fast-changing risks, reflecting rapid changes in the global economic landscape and the increasing role of technology and multinational expansion as growth drivers, tops the list …
The article Technology, Supply Chain & Regulation Top ACE Europe’s List of EMEA Risks appeared first on Insurance Journal.
8
07, 2015
UK Accounting Watchdog Probes Former Employees of RSA’s Irish Unit
The UK Financial Reporting Council is investigating former employees of RSA Insurance Group plc’s Irish unit regarding accounting irregularities in 2012. “The FRC has decided to investigate the conduct of certain individual members,” the accounting and auditing authority said in a …
The article UK Accounting Watchdog Probes Former Employees of RSA’s Irish Unit appeared first on Insurance Journal.
7
07, 2015
Friday Afternoon Scam Cost Hedge Fund $1.2 Million – and CFO’s Job
The finance chief at Fortelus Capital Management LLP got an alarming phone call just as he was getting ready to leave work on a Friday. The caller said he was from Coutts, the London-based hedge fund’s bank, and warned there …
The article Friday Afternoon Scam Cost Hedge Fund $1.2 Million – and CFO’s Job appeared first on Insurance Journal.