Companies announced they are joining an agreement spearheaded by Apple that develops two new wind and solar energy farms. The two new projects will generate 290 megawatts to the PJM electric grid serving much of the Eastern United States.Learn more
In this role, Ms. Springob will be responsible for developing and executing the company's distribution and sales strategy in the United States and Canada.Learn more
SwissGuard insures against Directors and Officers Liability, Employment Practices Liability and Fiduciary Liability for US-domiciled companies.Learn more
In this role, Adrian will be responsible for managing the company's strategy, development and performance, along with continuing to build Corporate Solutions' presence in the Canadian commercial insurance market.Learn more
Swiss Re Corporate Solutions opens a new office in Los Angeles, California, to grow its regional commercial insurance business.Learn more
Insurance today relies on models to predict earthquaketriggered
losses on the US west coast. But there is a lurking danger. Many do not consider the variability of model outcomes. As research by Swiss Re reveals, this can lead to an underestimation of ensuing losses.
The scale of increased earthquake activity in Oklahoma over recent years is unparalleled. Since 2008 the number of magnitude 3.0 earthquakes per year has grown from roughly 2 per year to an average of nearly 3 per day. This now makes Oklahoma the most seismically active of the lower forty-eight states. It’s highly likely that this dramatic rise in earthquake occurrence is largely a consequence of human actions.Download
Mr. Gonzalez is moving from his current position as CEO Latin America and assumes the new role on 1 July 2016. He will relocate from Sao Paulo to New York.Learn more
Flood poses a risk to individuals, business and the public sector. Severe events in Canada can cause losses exceeding CAD 13 billion, with less than half of these covered by insurance. This leaves many families without the necessary funds to rebuild their lives
if disaster strikes. In addition it delays economic recovery in the affected areas ― an effect that hits even those whose homes are still standing. Concerted action across the risk management chain that involves all key stakeholders ― government, the insurance industry and homeowners ― can strengthen flood resilience in Canada.