Posts Tagged ‘Knutson (Paul)’



August 30th, 2011

Terrorism Risk: How Guy Carpenter Can Help

Posted at 1:00 AM ET

David Flandro, Global Head of Business Intelligence, Paul Knutson, Managing Director, Emil Metropoulos, Senior Vice Present, Julian Alovisi, Assistant Vice President
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Guy Carpenter is uniquely positioned to help clients manage their terrorism risks around the world. Our GC Analytics®  team offers services and solutions that include industry-leading proprietary catastrophe models, actuarial services and capital models. We encourage you to contact your Guy Carpenter representative to review and discuss your modeling and capital needs in more detail.

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August 25th, 2011

Terrorism Solutions: Models

Posted at 1:00 AM ET

David Flandro, Global Head of Business Intelligence, Paul Knutson, Managing Director, Emil Metropoulos, Senior Vice Present, Julian Alovisi, Assistant Vice President
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To support the process of managing and underwriting the terrorism peril, (re)insurers are increasingly using data management and modeling tools to analyze the risk. The dynamic nature of terrorism and the uncertainty in identifying the targets and frequency of attacks requires a different approach to manage the risk.

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August 24th, 2011

Terror Reinsurance Market

Posted at 1:00 AM ET

David Flandro, Global Head of Business Intelligence, Paul Knutson, Managing Director, Emil Metropoulos, Senior Vice Present, Julian Alovisi, Assistant Vice President
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Overview

The gentle, downward drift that has occurred in global terrorism-specific reinsurance pricing since the market peak in 2002-2004 has recently given way to a flatter pricing environment as reinsurers evaluate their overall capital position and await the outcome of the ongoing Atlantic hurricane season.

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August 23rd, 2011

Terrorism: Unstable Territories, Implications of Middle East and North Africa Unrest and Future Risks

Posted at 1:00 AM ET

David Flandro, Global Head of Business Intelligence, Paul Knutson, Managing Director, Emil Metropoulos, Senior Vice Present, Julian Alovisi, Assistant Vice President
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Unstable Territories

It is interesting to note that Maplecroft’s TRI has Somalia and Yemen showing an increasing trend of terrorist activity, as both countries are deeply unstable and some ungoverned regions have become havens for militant groups. As noted above, AQAP in Yemen is now considered to be one of the most significant risks to the Western world. The rising terrorist threat emanating from Somalia, meanwhile, means the country now tops Maplecroft’s TRI.

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August 22nd, 2011

Terrorism: Global Terror Attacks and Hotspots

Posted at 1:00 AM ET

David Flandro, Global Head of Business Intelligence, Paul Knutson, Managing Director, Emil Metropoulos, Senior Vice Present, Julian Alovisi, Assistant Vice President
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Global Terrorist Attacks

The increasingly diverse and dispersed threat has seen worldwide terrorist activity rise in recent years. The number of global terrorist attacks peaked at more than 14,400 in 2006 (see Figure 1). Although there has been a slight dip in the number of attacks over the last five years, they remain at historically high levels. Attacks increased dramatically in Afghanistan and Iraq following the deployment of coalition combat troops. Several other countries have also witnessed a big jump in terrorist activity recently, including Pakistan, Yemen and Somalia.

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August 18th, 2011

Terrorism: Post-Bin Laden Threat

Posted at 1:00 AM ET

David Flandro, Global Head of Business Intelligence, Paul Knutson, Managing Director, Emil Metropoulos, Senior Vice Present, Julian Alovisi, Assistant Vice President
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Al-Qaeda suffered a massive setback when US forces killed Osama bin Laden in Pakistan in May 2011. The death of bin Laden was a huge blow to the al-Qaeda core group and represented the most significant counter-terrorism success for the United States to date. Although a new leadership structure for al-Qaeda has already emerged, with Ayman Zawahiri at the helm, bin Laden’s ability to inspire and fund individuals and affiliated groups will not be easily replaced.

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August 17th, 2011

Evolving Terrorism Threat

Posted at 1:00 AM ET

David Flandro, Global Head of Business Intelligence, Paul Knutson, Managing Director, Emil Metropoulos, Senior Vice Present, Julian Alovisi, Assistant Vice President
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The threat posed by fundamentalist Islamic terrorists has changed a great deal over the last decade. Before the attacks of September 11, 2001, al-Qaeda had a well funded and centralized leadership that enabled them to plan large-scale and spectacular attacks. Since then, military operations in Afghanistan and Pakistan (including drone strikes) and the arrest of several key terrorist operatives have increasingly marginalized the core al-Qaeda group based in and around the Federally Administered Tribal Areas of Pakistan. This, coupled with stringent counter-terrorism measures in the developed world, has hindered the ability of al-Qaeda’s core to execute attacks on the scale of September 11, 2001. Intelligence suggests one of the last plots that involved core al-Qaeda was the aircraft bomb plot in 2006 that aimed to bring down several transatlantic flights by detonating liquid explosives.

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August 16th, 2011

Terrorism Market Continues to Provide Abundant Cover

Posted at 1:00 AM ET

David Flandro, Global Head of Business Intelligence, Paul Knutson, Managing Director, Emil Metropoulos, Senior Vice Present, Julian Alovisi, Assistant Vice President
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Nearly a decade has passed since the September 11, 2001, attacks, and terrorism continues to pose a serious risk to the (re)insurance industry. The nature of the transnational threat has changed significantly since 2001. Developments over the last 12 months, including the killing of al-Qaeda leader Osama bin Laden and the political unrest in the Middle East and North Africa, raise important questions about the future of the international terrorist threat. However, global recorded terror incidents remain at historically high levels. New al-Qaeda affiliated groups in unstable countries have emerged, such as al-Qaeda in the Arabian Peninsula (AQAP) in Yemen. And, as demonstrated by the recent twin terror attacks in Norway, the risk posed by domestic militant groups means terrorism is likely to remain a global security threat for the foreseeable future.

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August 9th, 2011

Terror Attacks at Historically High Levels, Still Pose Threat to (Re)Insurance Industry, According to Guy Carpenter Report

Posted at 1:00 AM ET

A new report on global terrorism and the terror reinsurance market, released by Guy Carpenter & Company,  finds that while recorded incidents of terror around the world remain at historically high levels and terrorism remains a serious risk to the (re)insurance industry, the industry continues to meet the current demands for terrorism risk transfer.

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