Archive for the ‘Top Stories’ Category



May 31st, 2018

The 2017 Hurricane Season Was Among the Top-Ten-Most-Active, But Was Not Entirely Unprecedented

Posted at 1:00 AM ET

As the 2018 hurricane season approaches, we take a look back at the 2017 season. It was among the top-ten most-active seasons in recorded history since 1900 for the North Atlantic Basin.

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May 23rd, 2018

Wearables, Drones and the Internet of Things: The Next Wave of Workplace Safety and Claims Mitigation, Part I

Posted at 1:00 AM ET

metropoulos_emil_gcciEmil Metropoulos, Workers Compensation and Terrorism Specialty Practice Leader

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The advent of connected devices and the Internet of Things (IoT) is opening exciting new doors in the insurance industry. The auto liability market has transformed from one in which underwriting relied on proxy variables such as driving history, demographics and credit scores to one in which telematics and real-time, personalized driving statistics inform risk assessment.

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April 30th, 2018

Guy Carpenter Licenses First-of-its-Kind Cyber Risk Modeling Platform from CyberCube Following Strategic Alliance

Posted at 9:00 AM ET

Guy Carpenter & Company today announced that its two year strategic relationship with CyberCube Analytics, formerly part of Symantec Corporation, has produced the industry’s first cyber risk modeling platform with an inside-out view of cyber risk exposure.

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April 23rd, 2018

Building for Resilience: How to Avoid a Catastrophe Model Failure: Part I

Posted at 1:00 AM ET

Imelda Powers, Global Chief Catastrophe Modeler

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Since commercial catastrophe (CAT) models were first introduced in the 1980s, they have evolved as new scientific discoveries and claims insights emerged. Despite the sophisticated nature of each new generation of CAT models, occasionally a model misses a significant loss driver for a particular peril. This occurs when a previously hidden attribute reveals itself through unprecedented intensity. Lessons from such surprises stimulate model improvements as our understanding of the physics of the peril and its damage potential, increase. Through this process, models mature over time.

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April 16th, 2018

Chart: Return on Equity for Guy Carpenter Reinsurance Composite, Year-end 2017

Posted at 1:00 AM ET

Chart presents return on equity for the Guy Carpenter Global Reinsurance Composite, 2005 through year-end 2017.

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April 5th, 2018

Organizations Have Made Some Revisions in Risk Mitigation Approaches in Response to New Technologies

Posted at 1:00 AM ET

While treasury and finance professionals are managing risks associated with technology enhancements at their companies, 28 percent report that their organizations have not taken steps to revise their approach to risk mitigation in response to increased risks. Fifteen percent of respondents confirm their companies have revised their risk mitigation approaches significantly to combat these new or increased risks. The remaining 57 percent of companies have made some revisions to their risk mitigation strategies.

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March 27th, 2018

Reinsurance Market Assessment: What the Numbers Reveal about the Current Industry Status. Chapter 1

Posted at 1:00 AM ET

After several years of light catastrophe activity, particularly in the United States where capital deployment covering catastrophe exposures was heavily impacted by convergence capital, the events of 2017 provided a framework to evaluate how evolving market dynamics over the last few years held up to the real test of losses.

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February 8th, 2018

Chart: Global Property Catastrophe ROL Index

Posted at 1:00 AM ET

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

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January 23rd, 2018

Global Risks Report 2018: Building Resiliency, Finding Opportunity

Posted at 1:00 AM ET

grr2018-cover_hirescroppedThe velocity of political and technological change is compelling organizations to strengthen their resilience against shocks and surprises.

The 13th edition of the World Economic Forum’s Global Risks Report, undertaken in partnership with Marsh & McLennan Companies, examines the evolving macro-level risk landscape and highlights the systemic threats that may disrupt expectations.

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