Data security

Update designed to improve on best practice standards with stronger integration across asset classes and between functional layers.

AIR Worldwide estimates insured losses from late-April U.S. storms, while EQECAT predicts a significant market loss from the March 11 M9 Tohoku quake.

Aon says loss results of recent disasters, coupled with pending Solvency II requirements, demand re-evaluation of catastrophe models.

In anticipation of the new Solvency II regime, as well as the eventual merging of the broader formal accounting rules policies from both the United Kingdom and United States, insurers need to strengthen their risk cultures. So says a report issued by global professional services firm Towers Watson, which recently measured the temperature of more than 80 delegates from a wide range of insurance companies.

Financial and political hurdles continue to dog policymakers and serve to create a stalemate that will affect the program’s fate.

Historic tornado outbreak in the South contributed in excess of $1.3B insured losses, including $1B in Alabama alone.

The changes are intended to help assess the natural catastrophe risk to industrial facilities and wind and solar energy installations.

Experts debate big data’s impact on financial services and the U.S. economy.

Executives in the C-suite are counting on risk managers to take a more active role in integrating enterprise-wide risk management with their broader strategic goals for the organization, according to a survey results released by Marsh and the Risk Information Management Society (RIMS).

AEGON, Aetna, Berkshire Hathaway, Harleysville, Progressive and others all received updates.

Insurers may learn from bank IT execs' plans regarding the rapidly multiplying risks that result from the use of mobile devices outside the firewall by both executives and consumers.

Marsh recently unveiled protection for the prospect that the FDIC— authorized by the Dodd-Frank Act to resolve firms too big for bankruptcy—could someday try to punish officers of a failed company by reclaiming their salaries.

The sixth annual INN's Women in Insurance Leadership program profiles women insurance professionals whose leadership and performance has redefined their business and its application of technology.

As cyber attacks across all sectors continue to increase, risk managers need to take a broader look at how they address the issue, survey says.

Economic risks, regulatory changes sit atop risk management survey.

2011 inductees to be unveiled today at RIMS Annual Conference.

Wyde system to be used for group life and disability income insurance administration, end-to-end solution to support growth.

North American and Bermudan insurance companies received an updated enterprise risk management opinion from Standard & Poor’s Rating Services, the company reports.

What Impact is Mobility Having on Insurers?

As life insurers accumulate more longevity risk and face investment management challenges, opportunities for growth abound.