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Risk management in today’s world
There are new theories emerging now in the business world. One of these is the merging of capital and insurance markets which is now more widely known by the term, alternative risk transfer (ART). I ...
Ransomware continues to represent one of the most pressing risks. Finan noted that nearly one-third of cyber claims in the ...
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Insurance costs are soaring, and coverage is hard to find in some parts of the United States. Communities say insurers are ignoring their efforts to confront the problem.
The volume and speed of regulatory changes under the Trump administration is reshaping what risk management looks like for insurers.
New insurance products are going to be created, along with risk management standards to be able to actually buy the insurance, so it will improve security overall.
The rising tide of global and interconnected risks that can impact not just large corporations, but increasing numbers of SMEs, means an insurance broker’s risk management role is becoming more ...
Austin City Council on Thursday approved an expanded wildfire risk map that some local industry groups have opposed due to cost increases.
It could be a combination of proactive risk management between insurer and client, as well as creative ways of finding levels of self-insurance depending on the client's appetite for risk, such as ...
Risk and the financial impact of risk is something that merits a risk-insurance plan that will identify the various areas the firm is exposed to risk, and the mitigation strategies available to the ...
Climate change means actuaries and insurance professionals need a method for identifying scenarios that could constitute a regime shift.
To win out in the future brokers need to evolve from being insurance policy facilitators to proactive risk managers. Alan Sumner, risk management director, general insurance broking at Ardonagh ...