Risk & Capital Management
How to Achieve Organizational Goals With Scenario Planning
Even if they are never laid out in a formal document, every company is going to have strategic goals. After all, no executive is going to say that they don't want their company to grow or otherwise ...
Aon Cell Company + 8 Reinsurers Back Lloyd’s Central Fund; $900M Cover
Late last week, Lloyd's announced that the marketplace has secured a five-year £650 million (roughly $900 million) reinsurance cover for its Central Fund—a move should protect against severe tail ...
7 Emerging Risks to Watch: Climate Change, Pollutants, Cyber Threats
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 or the immediate or near ...
InsurTech Startup Omnidya Sees Benefits in Crowdfunding Versus Straight VC
Most InsurTech startups seek out venture capital to help fuel their initial development goals. Omnidya is turning to a crowdfunding campaign to raise money. Omnidya's Founder and CEO Kumar Patel is ...
Wildfire Risk Plummets With 10 Feet of Defensible Space: Study
Wildfire risk across the western United States has become a challenging issue for the insurance industry. Heightened risk and extreme events are squeezing carriers and devastating consumers. As a ...
Add a Human Capital Tune-Up to Your Spring Cleaning Checklist
When putting together your organization's spring cleaning checklist this year, take time to consider how turbulent our lives have been from a social and business perspective. With a range of crises ...
Industry Underestimating COVID Biz Interruption Losses: RenRe CEO
During an upbeat earnings call focused on how RenaissanceRe is using $1 billion of capital it raised last year in 2021, the CEO highlighted one negative development for the industry ...
Why the Insurance Industry Can’t Risk Downplaying Inclusion
Disasters such as the Space Shuttle Challenger explosion and the Chernobyl nuclear accident are said to have involved flawed decisions, driven by individual perceptions. Not surprisingly, ...