Features
How Institutional Clients Have Improved the Practice of Law
For attorneys representing institutional clients such as insurance companies and larger corporations, the billing excesses depicted in novels and films like "The Firm" and the golden days of ...
Is the Reinsurance Cycle Dead or Just Dormant?
Many reinsurance executives have been left scratching their heads in surprise after last year's natural catastrophes, which cost a whopping $100 billion but ended up having very little impact on ...
What Insurance Has In Common With Ice Cream, Autos and Mass Transit
Because an ice cream store in my hometown does not have a seating area, patrons gather in the parking lot after making their purchases. As families, sports teams and young couples spoon ice cream ...
Political Risk on the Rise: Risk Management in the Age of Artificial Intelligence
While the work of risk management has changed dramatically over the past decade, plan for the pace of change to get more and more frenetic as artificial intelligence takes hold in the operations of ...
How to Stay Ahead of Emerging Risks: Q&A With Kelly Lyles
Kelly Lyles is Chief Executive Client and Country Management at XL Catlin (now AXA XL), with responsibility for managing XL Catlin's insurance presence around the world. Her role includes leading ...
Opinion: Climate Change Costs Could Be Even Higher Than Some Predict
The potential costs of climate change, already the subject of heated debate, may actually be understated. It's not just the potential disruptions to weather systems, agriculture and coastal cities; ...
Creating Frankenstein’s Monster: Lessons in Insurance Innovation and Risk
Of course, it was George's idea and for once not one of his famously mad, bad and dangerous ones. Stuck indoors in the "summer of darkness"—the wettest, coldest June on record, the impact on Lake ...
Editor’s Letter: Reflections on the Year Without a Summer
It wasn't until mid-July this year that I had ever heard the term "lava bomb" or thought about the prospect of a Category 6 hurricane. But both were in the news around the time I read about another ...