Today, blockchain technology is about where the Internet was in the early 1990s. It’s an exciting and important technology but one that is still in its fledgling stage. The truth is, similar to how people were trying to figure out the Internet in the early 1990s, no one really knows exactly how it will revolutionize economies and cultures. But we do know—much like the Internet ... Continue Reading »
Archives for January 2019
The Evolving Directors and Officers Market – Part II
Directors and officers (D&O) liability insurers are expected to remain willing to walk away from business or reduce capacity, if they are not getting the pricing they need, according to the report, The US Financial and Professional Lines Market in 2019: Our Top 10 List. ... Continue Reading »
The Evolving Directors and Officers Market – Part I
In the third quarter of 2018, primary and total program pricing for directors and officers (D&O) liability insurance increased for the third consecutive quarter, indicates the report, The US Financial and Professional Lines Market in 2019: Our Top 10 List, produced by Guy Carpenter's affiliate, Marsh. ... Continue Reading »
Chart: Top Risks Expected to Increase in 2019
The chart lists the top ten risks expected to deteriorate in 2019 across five areas of concern highlighted in this year's Global Risks Perception Survey (GRPS). The results of GRPS are analyzed in the 14th edition of the Global Risks Report, prepared by the World Economic Forum with the support of Guy Carpenter’s parent company, Marsh & McLennan Companies. The chart shows ... Continue Reading »
Week’s Top Stories: January 19 – 25, 2019
Chart: Global Property Catastrophe ROL Index: The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2019. See the chart >> Guy Carpenter Announces New Division and Senior Appointments Designed to Deliver Enhanced Client Value: Guy Carpenter today announced the formation of a new Global Capital Solutions Group and a ... Continue Reading »
New Approaches to Understanding and Modeling Cyber Risk
On October 21, 2016, a distributed denial of service attack (DDoS) rendered a large number of the world’s most popular websites inaccessible to many users, including Twitter, Amazon, Netflix, and GitHub. The internet outage conscripted vulnerable Internet of Things (IoT) devices such as routers, DVRs and CCTV cameras to overwhelm DNS provider Dyn, effectively hampering ... Continue Reading »
Excess and Surplus (E&S) Segment Outlook
The excess and surplus (E&S) lines segment of the insurance industry is an essential market for risks for which typically the standard insurance market does not offer coverage. The E&S market as a whole remained somewhat consistent and disciplined with its pricing and risk selection, with the first half of 2017 being very similar to 2016. Both primary and excess ... Continue Reading »
Mw 6.7 Earthquake – Near Coquimbo, Chile
A magnitude (Mw) 6.7 earthquake was reported near Coquimbo, Chile around 01:32 UTC January 20, according to the U.S. Geological Survey (USGS). The epicenter was located at a depth of 53 km (33 miles) and about 15 km (9 miles) SSW of Coquimbo, Chile, between the regions of Atacama and O’Higgins. Media reports to date indicate variable damage to property and infrastructure, ... Continue Reading »
Chart: Global Property Catastrophe ROL Index
The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2019. Click here to view additional materials in GC Capital Ideas’ Chart Room >> Click here to register to receive e-mail updates >> ... Continue Reading »
GC Videocast – Global Risks Report 2019
John Drzik, President of Global Risk and Digital at Guy Carpenter's sister company, Marsh, explains the key findings and takeaways from The Global Risks Report 2019. The 14th edition of The Global Risks Report is prepared by the World Economic Forum with the support of Guy Carpenter's parent company, Marsh & McLennan Companies. ... Continue Reading »
