Archive for February, 2018



February 28th, 2018

Predictive Analytics Most Likely to Increase Risk Management Efficiency

Posted at 1:00 AM ET

Predictive analytics is a technology being used at some organizations-and being evaluated at others-to manage risk within Treasury and Finance. Two-thirds of survey respondents believe that this technology will increase risk management efficiency.

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February 27th, 2018

Three Takeaways from Global Risks Report 2018

Posted at 1:00 AM ET

grr2018-cover_hirescroppedMarsh & McLennan, in collaboration with the World Economic Forum, launched the 13th edition of the Global Risks Report. The report offers a rich perspective on the major threats to global prosperity. The global risks landscape is being shaped by the extraordinary pace of change, characterized by rapid technological advances (such as AI and automation) on the one hand, and seismic shifts in the political and geopolitical landscape on the other.

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February 26th, 2018

Cyber Response Plans Lacking

Posted at 1:00 AM ET

Only 30 percent of organizations have a cyber response plan, according to survey results.

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February 23rd, 2018

Week’s Top Stories: February 17 - 23, 2018

Posted at 11:00 AM ET

Marsh & McLennan Companies Climate Resilience Handbook, 2018: Marsh & McLennan Companies has developed a comprehensive framework to help organizations think through all aspects of climate resilience. The 2018 MMC Climate Resilience Handbook provides concise cases that will change the way you think about climate in the context of your organization in three categories of action.

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From Risk to Resilience: Marsh & McLennan Companies Cyber Handbook 2018: Perspectives on the Next Wave of Cyber: Cyber risk continues to grow as technology innovation increases and societal dependence on information technology expands. A new and important turning point has been reached in the struggle to manage this complex risk. In the war between cyber attackers and cyber defenders, we have reached what Winston Churchill might call “the end of the beginning.”

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Guy Carpenter on Modeling: Two Views: “Managing Cat Model Change” provides Guy Carpenter’s best practices on model change frequency and management. “To Bend or Blend?” delivers insights on which modeling technique you should use when developing your own view of risk.

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By the Numbers: Global Cyber Risk Perception Survey: Cyber risk is now at the forefront of the corporate risk agenda, but cyber risk management strategies are not keeping pace despite an increasingly complex threat environment and escalating potential financial impact. A new global survey of more than 1,300 executives, undertaken by Guy Carpenter sister organization Marsh in partnership with Microsoft, examines cyber risk concerns and management strategies by organizations of all sizes in a range of industries worldwide.

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Chart: Global Property Catastrophe ROL Index: The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2018.

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And, you may have missed….

Guy Carpenter Reports Capital Growth and Market Resilience Despite 2017 Losses: Guy Carpenter has released an estimate of year-end reinsurance capital levels and results of the January 2018 reinsurance renewal. According to the analysis, capital dedicated to reinsurance continued to grow in 2017 despite catastrophe losses. Due to ongoing excess supply and overall market resilience at January 1, rate firming was generally moderate and pricing shifts focused on client-specific justification.

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February 22nd, 2018

From Risk to Resilience: Marsh & McLennan Companies Cyber Handbook 2018: Perspectives on the Next Wave of Cyber

Posted at 1:22 AM ET

Cyber risk continues to grow as technology innovation increases and societal dependence on information technology expands. A new and important turning point has been reached in the struggle to manage this complex risk. In the war between cyber attackers and cyber defenders,we have reached what Winston Churchill might call “the end of the beginning.”

Continue reading…

February 21st, 2018

By the Numbers: Global Cyber Risk Perception Survey

Posted at 1:00 AM ET

cybersurvey_1200x600-2Cyber risk is now at the forefront of the corporate risk agenda, but cyber risk management strategies are not keeping pace despite an increasingly complex threat environment and escalating potential financial impact. A new global survey of more than 1,300 executives, undertaken by Guy Carpenter sister organization Marsh in partnership with Microsoft, examines cyber risk concerns and management strategies by organizations of all sizes in a range of industries worldwide.

Continue reading…

February 20th, 2018

Guy Carpenter on Modeling: Two Views

Posted at 10:45 AM ET

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“Managing Cat Model Change” provides Guy Carpenter’s best practices on model change frequency and management. “To Bend or Blend?” delivers insights on which modeling technique you should use when developing your own view of risk. Continue reading…

February 20th, 2018

Managing Catastrophe Model Change

Posted at 9:38 AM ET

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Incorporating new hazard and claims insights can improve the estimates derived from catastrophe models. By re-analyzing historical events using the latest scientific methods or refining claims with more granular geographical and line of business breakdowns, we can update models with the latest expertise and data. But model changes that yield large swings in loss estimates for frequent events must be carefully scrutinized to understand assumptions and processes in order to truly support ownership of risk.

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February 19th, 2018

Marsh & McLennan Companies Climate Resilience Handbook, 2018

Posted at 1:00 AM ET

Marsh & McLennan Companies has developed a comprehensive framework to help organizations think through all aspects of climate resilience. The 2018 MMC Climate Resilience Handbook provides concise cases that will change the way you think about climate in the context of your organization in three categories of action.