Posts Tagged ‘Property’



July 31st, 2014

Global Terrorism

Posted at 1:00 AM ET

The global terrorism landscape has changed considerably since the September 11, 2001 attacks. During this time, improved intelligence and counter-terrorism operations around the world have weakened the threat posed to the West by the core al-Qaeda group. Military operations in Afghanistan and Pakistan and the killing of several key terrorist operatives, including Osama bin Laden, have marginalized al-Qaeda and its affiliates and prevented other spectacular attacks on the scale of September 11, 2001.

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July 29th, 2014

GC Videocast - MENA Insights: Dr Cherif Chentir, Chief Underwriting Officer from SCOR SE

Posted at 7:00 AM ET

dr-cherifIn our first MENA Insights interview, Dr Cherif Chentir, Chief Underwriting Officer, Middle East, South Eastern Europe, Greece, Cyprus, Malta, SCOR SE, talks about the mega-projects taking place in the region and his belief that insurance penetration can only move in one direction. He looks back over his long career and charts the development of a market that has changed beyond all recognition.

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July 29th, 2014

GC Videocast - MENA Insights: Nick Frankland, CEO, Guy Carpenter’s EMEA Operations

Posted at 4:00 AM ET

frankland_nick_gcciWelcome to the beginning of a new series of video interviews with an esteemed panel of experts from the Middle East and North Africa (MENA) region. The MENA Insights interviews, conducted by Guy Carpenter, offer a snapshot of how (re)insurance in MENA is developing and the many opportunities for re/insurers. The series is intended to help set the agenda ahead of the September meeting of the General Arab Insurance Federation (GAIF) in Egypt.

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July 29th, 2014

Uncertain Future: Evolving Terrorism Risk, Executive Summary

Posted at 1:00 AM ET

The threat from terrorism has undergone significant change since the attacks of September 11, 2001. Heightened and more effective counter-terrorism activities in the following years have prevented repeat attacks on the scale of those carried out in New York and Washington D.C. Nevertheless, al-Qaeda and its affiliates, along with individuals inspired by the movement, still pose a significant threat to Western interests around the world as events over the last 18 months have shown.

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July 22nd, 2014

2014 Tropical Cyclone Landfall Predictions

Posted at 1:00 AM ET

A recent study shows it is possible to use a regional climate model to more accurately predict the number of tropical cyclone formations compared to predictions based solely on a global climate model. 

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July 21st, 2014

Guy Carpenter’s Global Marine & Energy Specialty appoints Head of EMEA & International P&I Business

Posted at 11:40 PM ET

Guy Carpenter announced the appointment of Simon Smith as Head of EMEA & International P&I Business, effective September 1.  

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July 21st, 2014

Atlantic Hurricane Season: What We Know Can Happen — Historical Impacts: Hurricane Betsy

Posted at 1:00 AM ET

Hurricane Betsy made landfall on Key Largo, Florida, in 1965 with estimated winds of 125 mph — a Category 3 hurricane on the Saffir-Simpson scale — before entering the Gulf of Mexico.

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July 17th, 2014

Atlantic Hurricane Season: What We Know Can Happen — Historical Impacts: Hurricane Andrew

Posted at 1:00 AM ET

Hurricane Andrew made U.S. landfall in 1992. The storm originated from a tropical wave and experienced disruptive wind shear until arriving in the West Atlantic. Once in the West Atlantic, Andrew first reached hurricane status on the morning of August 22 and then developed explosively into a Category 5 hurricane on the Saffir-Simpson scale with maximum sustained winds of 165 mph when it made landfall on Florida’s coast.

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July 16th, 2014

Atlantic Hurricane Season: What We Know Can Happen — Historical Impacts: Hurricane Charley

Posted at 1:00 AM ET

Hurricane Charley made U.S. landfall in 2004 with maximum sustained winds of 145 mph, a Category 4 hurricane on the Saffir-Simpson scale. Storm surge of six to seven feet was observed near Sanibel and Estero Islands, Florida.

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July 15th, 2014

Chart: U.S. Landfall To Basin Ratio — Detected Hurricanes (1900-2013)

Posted at 1:00 AM ET

The chart indicates that the proportion of hurricanes counted in the Atlantic Basin and those that made landfall has been very volatile through the years. While there is indeed a weak correlation between hurricane counts in the Atlantic Basin and the number of U.S. landfalls, statistical significance is a subject of some debate in the scientific community (Coughlin et al., 2009; Dailey et al., 2009).

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