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Our Perspective

Texas Flooding

By Tedra Skelton and Maeve Sears |January 19, 2017|English

“Texas is the land of perennial drought, broken by the occasional devastating flood” said a National Weather Service Meteorologist in 1927.1 Texas flooding is not a new phenomenon, but some could argue that devastating floods aren’t...
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Engineered Wood – A Burning Issue for Insurers?

By Leo Ronken |January 16, 2017|English

Wood-based buildings and high-rises are increasingly common around the world. People are even talking about engineered wood becoming the world’s predominant construction material. But insurers need to be aware of the potential downside risks...
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Go The Extra Mile with Fac

By Mike Downes|December 20, 2016|English

Facultative reinsurance: not exactly a household term, is it? Yet it’s possibly one of the most valuable and underutilized tools in an insurer's arsenal. The common misconception that if Fac is needed the deal isn’t worth writing fails to...
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Ongoing Drought Conditions Increase Wildfire Risk In The Southeast

By Chris Beston|November 16, 2016|English

When we think of wildfires in the U.S., we typically associate them with the western states during the hot and dry summer months. But the reality is that wildfires happen all across our country and they are not limited to a specific time period. The...
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Lessons From the Tianjin Explosion - Business Interruption and Contingent Business Interruption

By Edmund Fernandez |October 19, 2016|English

The port of Tianjin is a hub for advanced industry and financial activity, and the massive explosion that occurred in August of 2015 resulted in 165 deaths; eight people missing and 798 injured; 304 buildings, 12,500 vehicles and 7,500 containers were...
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Vapor Cloud Explosion Modeling - Estimated Maximum Loss of Tank Farms

By Seong Wook Kim|October 05, 2016|English

On 11 December 2005, a massive explosion measuring 2.4 on the Richter scale at the Buncefield Oil Storage Depot in the UK destroyed 23 large fuel storage tanks and burned for five days. The incident is regarded as the largest explosion in Europe since...
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