Archive for June, 2018



June 29th, 2018

Week’s Top Stories: June 23 - 29, 2018

Posted at 10:00 AM ET

Volcanic Eruptions: A Complex and Largely Overlooked Risk: Volcanic eruptions are complex phenomena that may affect populations and economies in ways we may not be familiar with.

Read the article >>


Why All the Talk about Cyber? GC Capital Ideas has recently posted several articles about cyber security and the need to implement robust prevention and response mechanisms. Posts on cyber typically are among our most viewed stories.

Read the article >>


North Atlantic Hurricane Season for 2018 – Near Normal But With Uncertainty: With the 2018 North Atlantic hurricane season having commenced on June 1, seasonal outlook providers on both sides of the Atlantic continue to issue predictions.

Read the article >>


Better Quantifying Cyber Exposure Will Help Determine Risk Finance Needs: As evidenced by the millions of dollars potentially at stake in a cyber event, financing to help an organization recover from a cyber-attack is more important than ever, with serving insurance a key part of the equation.

Read the article >>


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

View the chart >>



And, you may have missed…

Captives Offer Access to Capital: Captive owners are seeking options for coverage of terrorism and other high-severity risks. Among other benefits, captive owners gain flexible options to finance emerging and high-severity risks, such as cyber liability, terrorism, and cyber terrorism.

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June 28th, 2018

Reporting Climate Resilience: The Challenges Ahead

Posted at 3:00 AM ET

reslience21Companies in all sectors, including the financial-services industry, are being asked: What are the implications of climate change risks and opportunities for your organization’s financial performance? Organizations must identify, assess, and respond to the strategic and operational risks and opportunities presented by this changing business environment.

Continue reading…

June 27th, 2018

Why All the Talk about Cyber?

Posted at 1:00 AM ET

GC Capital Ideas has recently posted several articles about cyber security and the need to implement robust prevention and response mechanisms. Posts on cyber typically are among our most viewed stories.

Continue reading…

June 26th, 2018

North Atlantic Hurricane Season for 2018 – Near Normal But With Uncertainty

Posted at 1:00 AM ET

james-wallerJames Waller, PhD, Research Meteorologist

Contact

With the 2018 North Atlantic hurricane season having commenced on June 1, seasonal outlook providers on both sides of the Atlantic continue to issue predictions. As with any hurricane season, each outlook provider emphasizes the need for proper preparation, since impactful hurricanes have been known to make landfall even during quiet years.

Continue reading…

June 25th, 2018

Volcanic Eruptions: A Complex and Largely Overlooked Risk

Posted at 1:00 AM ET

Delioma Oramas-Dorta, Catastrophe Risk Analyst

Contact

Volcanic eruptions are complex phenomena that may affect populations and economies in ways we may not be familiar with. Large volcanic eruptions can spew ash spreading hundreds or even thousands of kilometers; and deposited ash may damage buildings at different levels, from catastrophic structural damage in extreme cases of significant ash fall accumulation, to abrasion or corrosion of nonstructural elements such as roofs, gutters and cladding.

Continue reading…

June 22nd, 2018

Week’s Top Stories: June 16 - 22, 2018

Posted at 10:00 AM ET

Guide to Cyber Coverage Options: Cyber Risk Management: Response and Recovery, the new report from Marsh & McLennan’s Global Risk Center and WomenCorporateDirectors, includes a Guide to Cyber Coverage Options.

Read the article >>


Better Quantifying Cyber Exposure Will Help Determine Risk Finance Needs: As evidenced by the millions of dollars potentially at stake in a cyber event, financing to help an organization recover from a cyber-attack is more important than ever, with serving insurance a key part of the equation.

Read the article >>


Preparedness to Manage Risks: A majority of organizations are prepared to manage risks as a result of increased use of technology, although a few report being significantly prepared. Although treasury and finance professionals are cognizant that increased use of technology will also increase risk exposure, not all organizations are actively addressing the urgency and criticality of being prepared to manage these risks.

Read the article >>


Captives Offer Access to Capital: Captive owners are seeking options for coverage of terrorism and other high-severity risks. Among other benefits, captive owners gain flexible options to finance emerging and high-severity risks, such as cyber liability, terrorism, and cyber terrorism.

Read the article >>


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

View the chart >>



And, you may have missed…

Standalone Terrorism Insurance Remains Competitive: Unlike coverage under the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which is normally made available within annual “all-risk” property policies, a standalone property terrorism insurance policy does not require the government to certify an act of terrorism in order for a claim to be paid.

Read the article >>


Click here to register to receive email updates >>

June 21st, 2018

Captives Offer Access to Capital

Posted at 1:00 AM ET

Captive owners are seeking options for coverage of terrorism and other high-severity risks. Among other benefits, captive owners gain flexible options to finance emerging and high-severity risks, such as cyber liability, terrorism, and cyber terrorism.

Continue reading…

June 20th, 2018

Better Quantifying Cyber Exposure Will Help Determine Risk Finance Needs

Posted at 1:00 AM ET

As evidenced by the millions of dollars potentially at stake in a cyber event, financing to help an organization recover from a cyber-attack is more important than ever, with serving insurance a key part of the equation.

Continue reading…

June 19th, 2018

Preparedness to Manage Risks

Posted at 1:00 AM ET

A majority of organizations are prepared to manage risks as a result of increased use of technology, although a few report being significantly prepared. Although treasury and finance professionals are cognizant that increased use of technology will also increase risk exposure, not all organizations are actively addressing the urgency and criticality of being prepared to manage these risks.

Continue reading…