Risk & Capital Management
Why Build Your Own Catastrophe Model?
Insurers are using the new open loss modeling platforms to build their own catastrophe models for three main reasons: clarity, control and cost. Catastrophe models have become extremely important ...
What Might a ‘Cyber Andrew’ Look Like?
Every component of the world's public and private infrastructure is subject to the risk of a cyber attack. Companies today face loss of or damage to digital assets; theft of funds; security and ...
Measuring Risk in the Cyber World
Cyber risk is a hot topic in the insurance industry today. Technological innovation and connectivity have fundamentally revolutionized the world we live in and promise new transformations in the ...
Cyber, Tech, Longevity and Casualty Catastrophe Are Key Emerging Risks: Guy Carpenter
A new report from Guy Carpenter & Co. identifies cyber, technology, longevity and casualty catastrophe as key areas of emerging risk for the (re)insurance industry and discusses the importance of ...
Hitachi Driverless Robot Eventually Could Replace Warehouse Workers
In a warehouse in Noda city, east of Tokyo, a robot with wheels zips around to pick up boxes of goods and carries them to a shipping container. It's Hitachi Ltd.'s vision for the future. The Japanese ...
Report Finds Some Baby Monitors Lack Security Features
Several of the most popular Internet-connected baby monitors lack security features, making them vulnerable to even the most basic hacking attempts, according to a new report from a cybersecurity ...
Lloyd’s City New Risk Index Aims to Raise Awareness of Systemic Risks Facing Major Global Cities
The costs of natural and manmade threats could put at risk $4.6 trillion of the total projected GDP of 301 of the world's major cities between 2015 and 2025, according to the findings of the Lloyd's ...
Tier 1 Reinsurers More Resilient than Smaller Firms in Current Market: Fitch
Major tier 1 reinsurers stand to benefit most from a changing reinsurance market and mounting competitive pressures, while small monoline companies will be the hardest hit, according to a reinsurance ...