Risk & Capital Management
Aging Oil-Storage Ships Pose Safety, Environmental Risks Around the World
The decades-old oil-storage ship that blew up off the coast of Nigeria recently — killing some of its crew and spewing its contents into the Atlantic Ocean — is one of many vessels of similar ...
Allianz Risk Barometer: Cyber Perils Top Concern for Companies Globally in 2022
Growing cyber perils are worrying more companies globally in 2022 than the threat of supply chain disruptions, natural disasters or even the COVID-19 pandemic, according to the Allianz Risk Barometer ...
Climate Change Is Top Global Risk for the Next Decade: World Economic Forum
There's little faith in the global economic recovery accelerating, with officials and business leaders citing climate change and rising social tensions, alongside the pandemic, among their top risks, ...
Cryptocurrency Crime Hit Record $14B in 2021
Crime involving cryptocurrencies hit an all-time high of $14 billion last year, according to blockchain researcher Chainalysis — a record that comes as regulators call for more powers over the ...
8 Emerging Risks to Watch: Climate Change, Tainted Products, Deepfakes
Even the most vigilant insurers and reinsurers scanning the risk landscape for potential future liability problems are likely to fall into landmines. What insurance risks of the immediate or distant ...
Risk Management Implications of the Infrastructure Bill
The U.S. Senate has passed a $1.2 trillion bill known as the Infrastructure Investment and Jobs Act. The bill is now in the hands of the House of Representatives, where its fate is intertwined with ...
Reinsurance Pricing Technology For Hard and Soft Markets
Sean Bourgeois, the chief executive officer of Tremor, often hears people say that his company's reinsurance price optimization technology works best in a soft market, when there's a lot of ...
Why Reinsurance Prices Are Wrong—and How to Fix Them
Each reinsurance renewal season sees brokers feverishly chasing down the best premium prices in the market. Frequently, when the panel of reinsurers offer their submissions for a slice of treaty, the ...