Here we review GC Capital Ideas posts on how the private sector is exploring the development of innovative solutions for public sector risk exposures.
Posts Tagged ‘risk management’
Here we review the most popular stories on the subject of cyber through the first half of 2016.
Here we review GC Capital Ideas posts on advancing technologies that are creating new opportunities and new risks for (re)insurers.
Here we review GC Capital Ideas posts on the challenge for (re)insurers to identify their exposure to emerging risks and deal with the potential risk aggregation.
Here we review GC Capital Ideas posts on how the view of applying (re)insurance to risk decision making is evolving.
Growth projections for the drone or Unmanned Aerial Systems (UAS) sector are nothing short of phenomenal, as the opportunities and advantages afforded by using this type of machinery in construction, agriculture, energy/utilities, mining, real estate, news media, film production and public safety become increasingly more apparent each passing day. Nevertheless, the potential economic benefits are considered to be vast, expecting to generate an estimated economic benefit of USD82 billion along with 100,000 jobs by 2025 (1). This rapid increase in the number of drones is prompting concerns for:
Here we review GC Capital Ideas posts on the role of risk management in facilitating the progress of innovation and infrastructure improvement.
Here we review GC Capital Ideas posts on how the accumulation of data and utilization of models will help (re)insurers understand the implications of emerging risks.
As optimistic as researchers may be, however, responsible decisions must be made regarding nanotechnology’s development and use. Growing evidence suggests that nanoparticles - the basic building blocks of nanotechnology and the tiniest materials ever engineered and produced - may pose environmental, health and safety risks. As such, it appears that the industry is currently caught between stages 2 and 3 of the insurance coverage cycle below:
Many scientists view nanotechnology as the revolutionary technology of the 21st century. Just as plastics were a pervasive and revolutionary product of the 20th century, nanotechnology products are having widespread use and change our lives in a myriad of ways. This technology has quickly evolved into a global force that is transforming manufacturing, medicine and an ever increasing number of consumer/food goods. The field has become a worldwide market worth an estimated USD 1 trillion and is projected to grow at a rate of 16.5 percent through 2020 (1).