Unmanned Aerial Systems (UAS) or “drones” are quickly changing the way construction companies operate, and offer solutions to complex construction and safety challenges. This article explores UAS applications for the drilling industry, risk management considerations and available insurance options.
Increasing globalisation, Brexit and the prospect of new UK/US trade deals are growing incentives for trade with the US. This article explores the important risk, insurance and compliance considerations companies need to make before taking the plunge.
Even today, 25 years later, Hurricane Andrew ranks as the fourth most expensive hurricane in US history. This article looks back at the widespread destruction caused by Hurricane Andrew, what lessons have been learnt and how risk modeling, loss prevention and construction methods have evolved.
When the last significant hurricane hit Florida, damage to pool screen enclosures accounted for 25% - 40% of the insurance losses. In this article, Wade Stier, Vice President and Underwriter of U.S. Property Treaty Reinsurance at XL Catlin, looks at this significant risk for insurers and reinsurers.
With a preference for urban core working and living, America’s millennial demographic is causing us to rethink how we live and work. This article looks at the challenges associated with redeveloping brownfield sites into liveable, workable spaces and the role insurers can play in covering exposures.
Protecting the bottom line in order to remain open, or to re open quickly after a hurricane disaster requires taking steps now to prevent or reduce damage, should your business be in the path of a violent storm. This article provides advice to businesses and shares links to external resources.
Impact Forecasting evaluates the impact of the natural disaster events that occurred worldwide during March 2017. Topics covered: extensive severe weather hits the United States; Cyclone Debbie impacts Australia; proclaimed ‘coastal El Niño’ affects South America.
Making sure that your US operations are covered requires in-depth knowledge of the US market and its idiosyncrasies. Designed for insurance buyers, this report looks at the top four risks that UK companies face when buying insurance in the US – and how to overcome them.
On May 5, A.M. Best published a briefing on initial industry feedback regarding the US P&C Stochastic BCAR Model. This article provides a summary of Aon Benfield’s views on the briefing and covers the use of extreme tail events for measuring capital adequacy plus VaR metrics for risk modelling.
Global economy suffers worst April severe weather losses for five years, according to Aon's catastrophe study. Impact Forecasting continuously tracks the worldwide natural disaster perils and aggregates the insured and economic losses for each region in this monthly report.