May 6th, 2013
Recent Terrorism Stories on GC Capital Ideas
Posted at 1:00 AM ET
Here we review recent GC Capital Ideas stories that cover terrorism.
Posts Tagged ‘terror’
April 17th, 2013
Chart: Countries Operating Compulsory or Optional Terrorism Pools
Posted at 1:00 AM ET
A summary of the compulsory and optional terrorism pools that operate around the globe.
April 16th, 2013
Update: Explosions - Boston Back Bay Area
Posted at 9:12 AM ET
Two explosions in Boston, Massachusetts killed at least three people and injured more than 140 on Monday, April 15. Both explosions occurred in the Boston Back Bay area at about 2:50 PM EDT (18:50 UTC). The blasts occurred near the finishing line of the Boston Marathon, some four hours into the race. One blast occurred near a sports store and the other close to a viewing stand, near 673 Boylston Street at the intersection of Boylston and Exeter. Details around the explosions are still incomplete but the Federal Bureau of Investigation (FBI) has launched a “criminal investigation that is a potential terrorist investigation.”
April 16th, 2013
Explosions - Boston Back Bay Area
Posted at 7:47 AM ET
Two explosions were reported in Boston yesterday. The explosions occurred in the Boston Back Bay area at about 2:45 PM EDT (18:45 UTC), on Monday April 15. The explosions occurred after winners had finished the Boston Marathon. One occurred near a sports store, and the other near a viewing stand near the finish line. Explosion locations were reported near 673 Boylston St, or near the intersection of Boylston and Exeter.
April 11th, 2013
Legislation Surrounding Insurance Covering Terrorist Acts
Posted at 1:00 AM ET
Here we review past GC Capital Ideas stories that have focused on legislation surrounding insurance covering terrorist acts.
April 8th, 2013
Reevaluation of Terrorism Risk and Coverage Prompted by Global Unrest and Political Instability
Posted at 1:00 AM ET
The dramatic rise in political instability and civil unrest across the globe, including uprisings in the Middle East and protests in Greece and Spain, has triggered a significant shift in the nature of terrorism risk and has highlighted the need for tailored terrorism and political violence protection, according to “Tensions Building: the Changing Nature of Terrorism Risk and Coverage,” by Guy Carpenter.
January 21st, 2013
Terrorism Risks: Guy Carpenter Solutions
Posted at 1:00 AM ET
Guy Carpenter offers a comprehensive suite of tools to help clients manage their terrorism risks. i-aXs®, our web-based data management platform, allows insurers to quantify their exposure to a potential terrorist attack and highlight concentrated areas in their portfolio. Managing exposure to terrorism loss is an integral function within i-aXs, with several different tools on offer to help insurers assess their largest levels of accumulation.
January 18th, 2013
RMS Global Probabilistic Terrorism Model
Posted at 1:00 AM ET
David Flandro, Global Head of Business Intelligence, Julian Alovisi, Assistant Vice President, Lucy Dalimonte, Senior Vice President, Ellen Rieder, Managing Director and Emma Karhan, Senior Vice President
Contact
RMS released an updated Probabilistic Terrorism Model (PTM) in July 2012, version 3.1.2. The new model revised the annual frequency of a terrorism attack on U.S. soil. No updates were made to geographies outside the United States.
January 17th, 2013
AIR U.S. Terrorism Model
Posted at 1:00 AM ET
David Flandro, Global Head of Business Intelligence, Julian Alovisi, Assistant Vice President, Lucy Dalimonte, Senior Vice President, Ellen Rieder, Managing Director and Emma Karhan, Senior Vice President
Contact
AIR implemented significant model updates in version 13 of CLASIC/2TM, released in 2011. The updates impacted hazard components such as the target and landmark database, event frequency estimates and exposure and policy conditions.
January 16th, 2013
Commercial Models for Terrorism
Posted at 1:00 AM ET
David Flandro, Global Head of Business Intelligence, Julian Alovisi, Assistant Vice President, Lucy Dalimonte, Senior Vice President, Ellen Rieder, Managing Director and Emma Karhan, Senior Vice President
Contact
The catastrophe modeling companies have regularly updated their terrorism models over the years to reflect the changing threat landscape and help (re)insurers perform robust terrorism risk assessments. Such updated products from RMS and AIR include:
