Local Terrorism Coverage Beats Global

Local Terrorism Coverage Beats Global

Although there have been no attacks or payouts in the 12 years since its original passage, the Terrorism Risk Insurance Act in the US is set for renewal again, despite the fact that it was only intended as a temporary measure to protect the commercial insurance market and its customers following the attack on the Twin Towers.

Risk Management: Cyberrisk Insurance

CYBER SAVOIR FAIRE By Paula L. Green Regulation is still struggling to keep up with rapidly evolving cyberrisks but is already driving uptake of cyberrisk insurance in some markets. Companies are taking note of the changing landscape. Spooked by the ...

Beale Takes Helm At Lloyd’s

Beale Takes Helm At Lloyd’s

NEWSMAKERS   By Gilly Wright   One of the world’s oldest insurance markets, Lloyd’s of London, has appointed the first female CEO in its 325-year history. But as the London market confronts one of the most challenging periods in its ...

Corporate Life And Pensions Rebound

RISK MANAGEMENT   By Karen Kroll   Corporate life and pensions insurance is regaining strength as economic conditions improve.   The US market for corporate- and bank-owned life insurance (COLI and BOLI, respectively) and corporate supplemental pension plans—or “top hat” plans—are ...