A claims dispute between the US Coast Guard and insurers has sparked fear about aggregations...
The Changing Nature of Risk
There is an old adage that “adversity builds character.” However, before adversity builds character, it reveals character, and the numerous catastrophes...
There is an old adage that “adversity builds character.” However, before adversity builds character, it reveals character, and the numerous catastrophes...
Article / 4 years ago
Pandemic Poses a New Catastrophe Paradigm: Part V
There is precedent for the establishment of a government-led backstop to certain catastrophic loss scenarios. The public-private partnership model is one that has worked...
There is precedent for the establishment of a government-led backstop to certain catastrophic loss scenarios. The public-private partnership model is one that has worked...
Article / 4 years ago
Climate Change is an Opportunity for Business to Thrive
The reinsurance market exists to help risk aggregators — often insurance entities — manage the volatility embedded in their obligations to policyholders...
The reinsurance market exists to help risk aggregators — often insurance entities — manage the volatility embedded in their obligations to policyholders...
Article / 4 years ago
2020 Marsh & McLennan Climate Resilience Handbook
Climate change risk is, by its very nature, massively disruptive, and nations are responsible for an increasing share of the costs as communities and businesses...
Climate change risk is, by its very nature, massively disruptive, and nations are responsible for an increasing share of the costs as communities and businesses...
Article / 4 years ago
Chart: Real Gross Domestic Product Projections for Countries Exposed to Climate Change by 2048
The following chart shows that two groups of countries are most likely to be affected negatively by climate change: nations in hot climates, particularly emerging economies such...
The following chart shows that two groups of countries are most likely to be affected negatively by climate change: nations in hot climates, particularly emerging economies such...
Article / 4 years ago
How Will Climate Catastrophes Be Handled in the Face of Coronavirus?
A lot can change in three months. As the year got underway, climate change was widely viewed as the most serious threat to global prosperity...
A lot can change in three months. As the year got underway, climate change was widely viewed as the most serious threat to global prosperity...
Article / 4 years ago
The Marsh & McLennan Advantage Podcast: Climate Resilience in Focus
According to Guy Carpenter-affiliate Marsh & McLennan’s 2020 Global Risks Perception Survey, climate change and related environmental issues are now the top concerns for...
According to Guy Carpenter-affiliate Marsh & McLennan’s 2020 Global Risks Perception Survey, climate change and related environmental issues are now the top concerns for...
Article / 4 years ago
Reinsurance Resilience and Value: Protecting our Planet and the Public Purse
The global reinsurance market has been fundamental to the management and mitigation of risk for over 150 years. Guy Carpenter’s Protecting our Planet and the...
The global reinsurance market has been fundamental to the management and mitigation of risk for over 150 years. Guy Carpenter’s Protecting our Planet and the...
Article / 4 years ago
Natural catastrophes are becoming more frequent and the intensity of certain perils is estimated to increase
Attributing a single event to climate change remains difficult at present but the long-term trend is clear: natural catastrophes are becoming more frequent and the intensity...
Attributing a single event to climate change remains difficult at present but the long-term trend is clear: natural catastrophes are becoming more frequent and the intensity...
Article / 4 years ago
A Clear and Present Danger: Protecting our Planet and the Public Purse
According to Antonio Guterres, Secretary General of the United Nations, climate change is “the single biggest threat to life, security and prosperity on Earth.” Secretary Guterres is...
According to Antonio Guterres, Secretary General of the United Nations, climate change is “the single biggest threat to life, security and prosperity on Earth.” Secretary Guterres is...
Article / 4 years ago
