Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
People Moves: Actuarial Risk Management Names Cummings as Senior Consulting Actuary; Rockford Adds Pair
Jan 19 2022 // Actuarial Risk Management Names Terrence Cummings as Senior Consulting Actuary Actuarial Risk Management, a actuarial consulting firm, has addedTerrence Cummingsas senior consulting actuary. In this new role, Cummings will...
Global Life Insurers Adapt Pandemic Risk Models After Unexpected Jump in Claims
Jan 13 2022 // A coronavirus pandemic which lasts five years, another pandemic in a decade, and ever more transmissible variants are among the scenarios life insurers are predicting after COVID-19 claims jumped more than expected in...
WTW Launches Crisis Management Business Unit for Security Risk Management
Jan 12 2022 // Willis Towers Watson announced the formation of a new Crisis Management unit with the merger of Special Contingency Risks (SCR) and the Terror and Political Violence teams, which will sit within its Financial Solutions...
Arthur J. Gallagher Acquires Illinois’ Tave Risk Management
Dec 15 2021 // Arthur J. Gallagher & Co. has Chicago-based Tave Risk Management, LLC. Terms of the transaction were not disclosed. Founded in 2000, Tave Risk Management, LLC is a retail property/casualty broker and risk advisory firm...
RMS Working with Canopius to Enhance Climate Change Risk Analysis with RMS Climate Change Models
Dec 14 2021 // LONDON – 13th December, 2021 – RMS, the world’s leading catastrophe risk solutions company, is working with leading global specialty (re)insurer Canopius to develop and enhance Canopius’ climate change risk...
Greensill’s Business Model Risks ‘High Level of Harm’; New Rules Needed: UK Watchdog
Dec 3 2021 // The business model used by collapsed supply chain financing firm Greensill Capital is causing a “high level of harm” and tighter rules are needed, Britain’s Financial Conduct Authority said on Friday. The...
China’s Regulator Issues New Rules for Risk Management of Insurance Groups
Nov 30 2021 // China’s banking and insurance regulator on Tuesday issued new rules governing the risk management of insurance groups, which will step up supervision, limit holdings of non-core units and regulate their investments...
Infrastructure Package Could Deliver Louisiana Billions in Repairs, Coastal Storm Risk Management
Nov 16 2021 // Members of Congress are still bickering over the wisdom of passing a $1 trillion infrastructure package, but Louisiana lawmakers and state officials have moved to developing plans for spending the influx of cash for roads,...
New York Issues Final Guidance to Insurers on Managing Risks of Climate Change
Nov 15 2021 // The New York State Department of Financial Services (DFS) has issued final guidance to New York-regulated domestic insurers regarding their management of the financial risks from climate change. After issuing a proposed...
Business Owners’ Risk Management Acumen Falls Short in Modern Era: Broker
Nov 1 2021 // In an era of increased business risk, the owners, CEOs and founders of small-medium enterprises (SME) and technology startups are falling short in both evaluating these risks and showing the right acumen for risk...
Business Owners’ Risk Management Acumen Falls Short in Modern Era: Broker
Oct 21 2021 // In an era of increased business risk, the owners, CEOs and founders of small-medium enterprises (SME) and technology startups are falling short in both evaluating these risks and showing the right acumen for risk...
Marsh McLennan Launches Cyber Risk Analytics Center
Oct 14 2021 // Marsh McLennan announced the launch of its Cyber Risk Analytics Center, a resource that brings together the cyber risk data, analytics and mitigation expertise of its four businesses and other business, government and...
Are Public, Private Partnerships the Answer to Cybersecurity’s Risk Management Problem?
Oct 13 2021 // Powered by InsuranceJournal.tv The Biden Administration is increasingly prioritizing growing ransomware threats as a risk management problem, according to guests on the latest episode of The Insuring Cyber Podcast. This...
Arrow Risk Management Launches MGA Platform, Led by Former Barbican Executives
Oct 7 2021 // Arrow Risk Management announced the launch of its new MGA underwriting platform, led by Jon Godfray as chief executive officer and Mark Harrington as chief underwriting officer. The Arrow Risk platform provides a efficient...
Middle Market Firms Miss Out on Agents as Risk Management Resource: Survey
Oct 4 2021 // Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers. According to a survey sponsored by insurer Chubb, only 15% of middle market companies rely heavily on an...
Middle Market Firms Miss Out on Agents as Risk Management Resource: Survey
Sep 27 2021 // Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers. According to a survey sponsored by insurer Chubb, only 15% of middle market companies rely heavily on an...
FSU College of Business Ranks No. 1 for Dr. William T. Hold/The National Alliance Program in Risk Management and Insurance
Sep 17 2021 // September 17, 2021, Tallahassee, FL — Florida State University College of Business undergraduate Risk Management/Insurance Program is ranked No. 1 in the country, by U.S. News & World Report’s “Best...
Moody’s Closes on Acquisition of Risk Modeler RMS for $2 Billion
Sep 16 2021 // Moody’s Corp. reported that it has completed its acquisition of RMS, the climate and natural disaster risk modeling and analytics firm. In the transaction, originally announced on August 5, 2021. Moody’s paid...
How Extreme Weather Makes Everything Harder, Except Climate-Risk Analysis
Aug 16 2021 // It’s been a momentous week for our understanding of the effects of greenhouse gas emissions. The Intergovernmental Panel on Climate Change’s sixth report on the physical science of global warming last Monday...
eMaxx Announces Return of Risk Management Summit in Miami, Florida
Aug 10 2021 // Three day meeting packed with educational sessions addressing loss prevention, technology, claims and litigation management industry trends PEABODY, Mass. (August 10, 2021) – eMaxx, a tech-enabled specialty provider of...
