New Public-Private Consortium Aims to Develop Protection Against Systemic Risks January 18, 2022 The Cambridge Centre for Risk Studies (CCRS) at the University of Cambridge Judge Business School is launching a new research...
Climate Change Ranks as Top Concern for Insurers, Replacing Pandemic September 29, 2021 By Alexandre Rajbhandari Climate change has returned to the top of the list of insurers’ biggest concerns as the vaccine roll-out and gradual...
UK’s Pool Re Launches Advisory Group to Develop Public-Private Solutions for Systemic Risks July 8, 2021 Pool Re, Britain’s leading terrorism reinsurer, announced the launch of “Re:New,” an advisory group that will explore how to protect...
Organizations Miss Competitive Advantage by Underemphasizing Emerging Risks: Marsh May 19, 2021 Cyber attacks, climate change, geopolitical unrest — organizations agree on what some of the emerging risks that pose threats are....
How to Address the Next Uninsurable Pandemic — A Black Swan Event December 9, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson There aren’t many contexts where $2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout...
How Insurance Industry Might Respond if a Pandemic Is an Act of Terror September 21, 2020 By L.S. Howard Imagine a scenario where COVID-19 was manufactured in a lab and was released as an act of terror. Tracey Gibbons,...
Pandemic Shows Why Climate Change Is Major Economic Risk, Says Europe’s Schnabel August 31, 2020 By Balazs Koranyi and Frank Siebelt The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change...
Companies Risk Losing More Than 40% of Annual Profit on Supply Chain Shocks: McKinsey August 11, 2020 By Brendan Murray Companies risk losing more than 40% of annual profit once a decade in a world threatened by trade wars, cyber...
Workers’ Compensation Rates Won’t Be Adjusted for Coronavirus Experience This Year July 27, 2020 By Jim Sams The workers’ compensation line is unlikely to generate a profit this year and may not recover in 2021, an insurance...
What’s a Life Worth? America Weighs Costs, Benefits of Social Distancing May 25, 2020 By Michael Tackett We are becoming a nation of amateur actuaries, calculating the risk of restarting our lives. Can we go outside? Can...