July 27, 2010 – Swiss Re and the Alabama State Insurance Fund have signed an historic three-year agreement where the reinsurer will provide parametric insurance cover for the SIF’s primary catastrophic hurricane exposure. Parametric solutions compensate the buyer based on the physical [...]
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Scientists React to Delay in Climate Bill Debate
July 23, 2010 – The Union of Concerned Scientists have issued a statement in response to Senate Majority Leader Harry Reid’s decision on July 22 to delay any Senate debate on the Kerry-Lieberman climate and energy bill.
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U.S. News
IBHS, FLASH to Promote FLASH HomesJuly 26, 2010 – The Institute for Business and Home Safety (IBHS) and the Federal Alliance for Safe Homes (FLASH) have joined forces to promote and market FORTIFIED – a code-plus, inspection-based building designation program across the country.
Global News
Aon-Benfield Develops Typhoon ModelJuly 16, 2010 — Impact Forecasting, Aon Benfield’s catastrophe model development centre of excellence, has launched the first fully functional Asian typhoon model to span the Asian continent. The new model will help insurers analyse the financial implications of typhoons [...]
