James Macdonald, ARM
Jim Macdonald writes articles on
TRIA and Terrorism Trends & Developments
for IRMI.com.
Based in Philadelphia, Mr. Macdonald is a director with Navigant Consulting's
Actuarial & Underwriting Services team. In this capacity, Mr. Macdonald provides
insurers, reinsurers, brokers, public policymakers, and risk managers consulting
services on a broad range of property and casualty insurance areas including
dispute resolution and expert witness testimony, underwriting audits, and strategic
issues ranging from terrorism insurance to the wind insurance crisis in the
Gulf Coast.
Mr. Macdonald has published many articles and given numerous presentations
on the issues of terrorism and insurance including
Terrorism, Insurance and Preparedness: Connecting
the Dots (Chapter 19 of Seeds of Disaster,
Roots of Response, Cambridge University Press, September 2006), the
Terrorism Risk Insurance Extension Act of 2005
(IRMI, Risk Report, February 2006),
Terrorism, Insurance and TRIA: Are We Asking
the Right Questions? (John Liner Review,
Summer 2004) and Terrorism, TRIA and A Timeline
to Market Turmoil? (RIMS National Convention, April 2004).
Mr. Macdonald's insurance careers spans more than three decades with a variety
of roles as an insurer, reinsurer, broker, and consultant. Until late 2005,
Mr. Macdonald was the chief underwriting officer for ACE USA where he became
actively engaged in the successful effort to extend TRIA. Prior to joining ACE,
Mr. Macdonald's key insurance roles were the president of C.N.A. HealthPro,
president of the General Casualty Group of the American Home Assurance Company,
and chief underwriting officer of AIG Risk Management.
Mr. Macdonald also has over a dozen years of underwriting and management
experience with two of the world's largest professional reinsurance groups,
Munich American Reinsurance and General Reinsurance. His prior experience as
a professional consultant includes the creation of the nation's largest association
captive while an Alternative Market Specialist with Marsh & McLennan.
Mr. Macdonald is a former member of the Advisory Boards of the RAND Corporation's
Institute for Civil Justice and also of the Center for Terrorism Risk Management
Policy. He is a graduate of the University of Notre Dame.
Articles on IRMI.com
Terrorism: Insurance
PWG Report on
the Future of Terrorism Insurance (November 2006)
Terrorism: Trends & Developments
More Changes
for the Terrorism Risk Insurance Act (TRIA)? (November 2007)
Key Coverage
Issues in the TRIA Debate (September 2007)
Time, Money,
and a Possible New "Maginot Line"? (June 2007)
"All Quiet on
the Western Front?" (February 2007)
Terrorism: TRIA
More Changes
for the Terrorism Risk Insurance Act (TRIA)? (November 2007)
Key Coverage
Issues in the TRIA Debate (September 2007)
Time, Money,
and a Possible New "Maginot Line"? (June 2007)
"All Quiet on
the Western Front?" (February 2007)