October 19th, 2018

Week’s Top Stories: October 13 - 19, 2018

Posted at 10:00 AM ET

Hurricane Michael: Hurricane Michael made landfall on October 10 as a high-end Category-4 hurricane on the Florida Panhandle, with maximum sustained winds of 155 mph. The storm rendered severe to complete damage to areas from Panama City to Port Saint Joe, with especially severe damage in Mexico Beach due to severe wind and storm surge.

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Real-Time Risk Management and Next-Generation Insurance: A confluence of trends is enabling businesses and the insurance industry to move toward a revolutionary new approach: real-time risk management.

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Holding Healthcare to Ransom - Healthcare Industry’s Fight Against Cyberattacks: Healthcare is one of the industries most vulnerable to cyberattacks. The high stakes – human lives and sensitive data – make healthcare the perfect target for cybercrime.

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ILS Market Looks to Asia for Further Growth: The insurance linked securities (ILS) market is now over two decades old. Since the execution of the first catastrophe bond transaction in the late 1990s, the alternative risk transfer market has evolved and matured impressively. Guy Carpenter’s Shiv Kumar, President and Global Leader of GC Securities,* Capital Markets, provides some insight. (As printed in Asia Insurance Review)

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From Threats to Impact: Evolving Risk Concerns in Asia-Pacific: In recent years, there has been an increase across the globe in the scale, diversity and impact of risk events. From cyber-attacks to major hurricanes and floods, and from the US-China trade war to unexpected developments around relations with North Korea, recent norms have been turned upside down and uncertainty reigns.

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And, you may have missed..

GC Capital Ideas Tip: New Email Alert: In line with the launch of Preference Center, GC Capital Ideas has also adopted a new email alert look-and-feel, which aims to optimize our readers’ and clients’ user experience with us.  The enhancements offered by Preference Center and the new email alerts are part of Guy Carpenter’s integrated strategy to empower readers with the informative and actionable insights that Guy Carpenter provides.

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