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In the remainder of this paper, I will show you what I mean by introducing the risk-decision methodology (R-DM). R-DM addresses a conceptual short­coming in the evaluation of multiple COAs in MDMP by ...
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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 ...
If third-party providers violate regulations, they expose their clients to a compliance risk. Third-party risk management ...
FEMA provides aid after natural disasters, but it’s not meant to replace your home insurance plan, especially as the agency ...
Global insurance broking and risk management firm Marsh teamed up with Octaviant Financial in 2023 to create a specialized drug warranty program that’s among the first of its kind in the US life ...
‘Regionality’ set to define B.C. wildfire season as drought, fire risk spread unevenly By Simon Little Global News Posted June 9, 2025 3:00 pm Updated June 9, 2025 8:53 pm ...
As climate risk escalates, insurers and reinsurers are increasingly relying on catastrophe modelling to navigate uncertainty. For insurance-linked securities (ILS) managers, these tools go beyond ...
To keep it simple, the categories range from Level 1 to Level 5. A Level 1 risk is the lowest potential for severe storms. A Level 5 risk is the highest potential for severe weather. Each level ...
The best way to deal with risk is to understand what you’re up against and embrace its upside. An enterprise risk management program can help you do just that.
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 ...