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As the effects of climate change increase in severity, world financial leaders debate over just how much the crisis is affecting the global economy.
1,680 of the nation’s high-hazard dams are in risky condition. When they break they endanger people, interrupt businesses and cause massive property damage.
In an environment where it is impossible to be prepared for every consequence of every event, business leaders instead need to practice the art of thinking strategically in a pinch.
In an unpredictable risk landscape, businesses need a dynamic and fluid response strategy. Here are four key trends that are dramatically affecting private risk profiles.
A recent study released by FM Global and commissioned from Pentland Analytics outlines hurricanes’ direct effect on shareholder value.
Risk Strategies adds an industry veteran to its health care practice, RT Specialty promotes Kimberly Vincent and more in this edition of People on the Move.
After Super Storm Sandy and Hurricane Harvey, 30-year-old Arianna Armelli dedicated her life’s work to preventing flood damage, creating Dorothy in the process.
A fund crafted for utilities in California is a model for other states and communities to share the cost of risk mitigation and disaster resilience.
A ‘city-killer’ asteroid surprised scientists when it got uncomfortably close to Earth this July, with more giant asteroids set to pass the planet before summer’s end.
Boeing’s $100 million compensation fund is an investment in the future of the company’s image. But what will happen when the settlements come in?
There is plenty of risk transfer capital out there, and carrier and broker partners might be in the best position to provide good counsel.
With storm season in full swing, it’s more important than ever to consider the “what-ifs” of natural disaster.
Natural catastrophes are growing in severity, resulting in an increase in uninsured losses. Numerous technologies are emerging to aid resiliency.
Total economic losses from natural catastrophes and man-made disasters in 2018 were $165 billion, and that number is only growing.
Artificial intelligence has become a key weapon in responding to extreme weather events like hurricanes, flooding, drought and wildfires.
Risk managers and insurers think a lot about hurricanes and the immediate damage left in their wakes: buildings leveled, businesses ruined. But what about lingering exposures?
Catastrophe losses dented some wholesale and specialty businesses in 2018, but the focus of WSIA’s Underwriting Summit was on how this steadily growing market can continue to thrive.
The number of weather disasters costing $1 billion or more is increasing at an alarming rate.
Groundwater is critical to the survival of two billion people around the globe. Here’s how climate change is depleting the well — literally.
Lloyd’s, Ironshore and other insurers are taking another look at their appetite for underwriting high-end watercaft.