risk News
Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re
Climate change is the cause of a key emerging risk identified by Swiss Re's SONAR report, which is leading to the opening of previously frozen waterways in the Arctic and the creation of new shipping ...
Bridging the InsurTech Divide with Data in 2023
The magic word to bridge a widening gap between successful and underperforming InsurTechs in 2023 is "data," according to a group of InsurTech experts who spoke with Carrier Management about their ...
Here to Stay: Why ‘Weather Whiplash’ Is a Growing Concern for Insurers
If you think the weather these days feels like a seesaw, you're not alone. Consider the following: In Colorado last year, a prolonged spell of unusually warm, dry conditions and one of the deadliest ...
Aon: Business Leaders Say Recession Looms; What Sets Prepared Companies Apart?
Despite a majority of global business leaders expecting a recession within the next year, many still have a positive outlook on the economy. Some leaders even reported feeling very prepared heading ...
Insurers Balk at Coverage for New Satellites as Space Debris Swells
An ever-swelling amount of space debris is threatening satellites that hover around Earth, making insurers leery of offering coverage to the devices that transmit texts, maps, videos and scientific ...
Lloyd’s Launches Global Platform Designed to Promote Systemic Risk Resilience
Lloyd's is launching "Futureset," a new global platform and community dedicated to driving greater societal and economic resilience to the world's most challenging risks. The insurance and ...
With a Few Exceptions, Insurers Are Unlikely to Cushion Coronavirus Losses
Don't look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that's sweeping across the globe. The ...
Iran Crash of Boeing-Made Ukraine Jet Leaves Safety Mystery Worsened by Tensions
As investigators sift through the charred wreckage of a jetliner that crashed shortly after takeoff from Tehran, contradictory reports have emerged about what might have caused the Boeing Co. 737-800 ...