Risk & Capital Management
Are Forever Chemicals a Forever Problem for Insurers?
Much discussion of casualty catastrophe is consumed with talk of the "next asbestos," the $100 billion insurance loss caused by a ubiquitous mineral used for insulation and other products that is now ...
A Time to Shine: How Insurance CROs Stepped Up to COVID Challenges
At a time of great crisis, chief risk officers have stepped forward to bring their unique skillsets to bear in assessing the strategic and financial impact of both the pandemic and the recession and ...
Insureds Seeking Premium Cuts Must Ask State Regulator First, Judge Rules
A federal judge has ruled that State Farm Fire and Casualty Co. does not have to return premiums to a small business customer because of the insured's reduced business during the pandemic. The judge ...
Marijuana Use During Pregnancy Linked to Psychotic-Like Behaviors in Children: Risk Alerts
Using marijuana while pregnant has been linked to psychotic-like behaviors in children. The months spent social distancing at home may be taking a toll on our bodies. Greenland saw record ice loss in ...
The Impact of Political Risks on Businesses
Civil unrest incidents such as protests and riots are challenging terrorism as the main political risk exposure for companies. Recently, events such as the French "yellow vest" protests (insured ...
How Will Insurers Navigate This Recession?
In less than a year, COVID-19 changed the business landscape worldwide. Entire workforces relocated from their offices to their homes. Businesses changed channels and basic operations. Consumer ...
Swiss Re’s Risk Radar
Swiss Re's annual SONAR report, published in early June, highlights 14 emerging risks that will impact different sectors of the insurance industry in different time frames. The accompanying chart ...
Dynamic Planning Framework: How Carriers Can Deal With Uncertain Risks
Insurance companies have always been leaders in dealing with uncertainty. The difference today is that the threat environment has become more volatile. Climate change has made natural disaster ...