Emerging Risks: Could Obesity Lawsuits Become a Major Liability Event?
Public health problems often have the potential to lead to severe and systemic liability losses. This was the case in the massive asbestos and tobacco litigation events ...
Content from Eric Gesick
Eric Gesick, FCAS, MAAA, is Senior Vice President of Casualty Analytics for Extreme Event Solutions at Verisk. You can reach him at EGesick@verisk.com.
How to Characterize Emerging Risks for Liability Modeling
This is the second part of a two-part article. In the first part, we defined a framework that can be used to classify both systemic and emerging risks.
While insurers' use of models to analyze and quantify risk is well established in the property space, it's becoming increasingly important in the casualty space. The use ...
How to Model Systemic and Emerging Risks for Liability Risk Management