A history of well-publicized events of sexual abuse in the Catholic Church have led to much soul-searching, resulting in risk-management guidelines and procedures to protect children and youth that have lowered injuries as well as claims, according to a priest and risk manager for the church.

Lloyds on Sept. 21 announced an interim loss before tax of 697 million ($1.12 billion at current exchange rate) for the 2011 first half, compared to 628 million ($980.3 million) in profit for the same period a year ago.

Because terrorist acts have unique characteristics that are unlike natural disasters, traditional loss-prevention tools often fall short when preparing for this risk, according to the Insurance Institute for Business & Home Safety (IBHS).

Catastrophes continued to impact carriers through August, with personal-lines insurers reporting elevated claims activity for the month.

Global natural catastrophes have made 2011 the highest loss year on record after just the first six monthscreating opportunities for risk managers to review coverage and issues such as supply-chain disruption, according to an industry expert.

Lloyds today announced an interim loss before tax of 697 million ($1.12 billion at current exchange rate) for the 2011 first half, compared to 628 million ($980.3 million) in profit for the same period a year ago.

Natural catastrophes have made 2011 the highest loss year on record globally, Robert Hartwig, president of the Insurance Information Institute, notes yesterday at the Houston Marine Insurance Seminar.

With the global climate expected to rise 4 degrees Celsius rather than the projected 2, adaptation and resiliency are mandatory for the survival of vulnerable populations, according to experts here.