Risk & Capital Management
Dealing With Rapid Change: Bradford Examines Risk Management in 2020
Insurance and risk professionals know there are new risks emerging they need to address, but a related development isn't always appreciated, an industry veteran suggests. "The fact that things are ...
Pandemic Bonds Prove Better for Investors Than Stricken Nations
To offset the crushing costs of trying to stem a global epidemic, the World Bank and partners announced the creation of "pandemic bonds" several years ago: the idea was to leverage private capital ...
FEMA Challenges: Coronavirus + Climate Stretch Federal Agency Resources
It wasn't until Wednesday, five days after President Donald Trump declared a national emergency, that the Federal Emergency Management Agency announced it was "leading the federal coordination" to ...
U.S. Cybersecurity Report Calls for Major Government Role in Cyber Insurance
A major government report on cybersecurity that warns the nation is seriously underprepared for cyber attacks calls for the creation of a federally funded center to develop cybersecurity insurance ...
$584B at Risk From Cat Events in 2020: Cambridge Study
Providing an annual update of its study of the impact of catastrophic events on global GDP, researchers from the University of Cambridge find that roughly $584 billion could be wiped from the global ...
Japan Typhoon Death Toll Hits 43; 110,000 Rescuers Sent In
Japan is sending more than 110,000 people including its Self-Defense Forces to tackle rescue and cleanup operations in the wake of the most powerful typhoon to hit the country in decades, which left ...
Climate Change Fallout: FEMA May Have to Buy Millions of Flood-Prone Homes
As the climate crisis worsens, more Americans will be forced from their homes. Many won't be able to afford it, and the U.S. isn't prepared for a massive, government-subsidized migration away from ...
Insurance Linked Securities in 2019: Asking the Right Questions
The record losses we saw in 2017 and 2018 were felt heavily by the insurance industry, and there is no denying that two years of losses have affected investor sentiment. While such a statement is ...