Chart: Significant Insured Losses – 2011 to Q2 2019: Chart exhibits the significant insured losses from 2011 through the second quarter of this year. First-half 2019 losses are at levels below those experienced in first-half 2017 and 2018.
Review of Silent Cyber Coverage on GC Capital Ideas: Here we present the recent stories that GC Capital Ideas has presented on silent cyber, also known as unintended or non-affirmative coverage, the unknown or unquantified exposures stemming from cyber perils that may be triggered within traditional property and liability insurance policies.
CAT-i Bulletin: Hurricane Barry: Hurricane Barry made landfall near Morgan City, Louisiana on July 13, briefly reaching hurricane status while moving ashore. The storm has since weakened and its remnants have moved into the Lower Great Lakes area. The slow forward motion of the storm has rendered widespread flooding and localized significant flooding in Louisiana, Mississippi and Arkansas.
How to Line Up Your Cyber Defense: Given the reality of the cyber threat landscape, you need to determine the tools you need to mitigate and respond to inevitable cyber attacks. Unfortunately, while both the aggressiveness and sophistication of cyber attacks have accelerated, defensive capabilities have been relatively slow to evolve and respond.
Bankability through the Lens of Transparency: The decade following the Global Financial Crisis (GFC) was a volatile one for Latin America. After several prosperous years of riding the global commodities boom, the Latin American region experienced a serious economic slowdown. The region was deeply affected by the decline in international trade, the end of the commodity super-cycle, and unstable global financial conditions. This macroeconomic environment was made worse by the emergence of a series of corruption investigations that emerged in 2014, creating political and social instability and disrupting economic growth.
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Economic and Governance Risks to the MENA Region: Exogenous factors, such as geo-economic division, climate change and technological threats all pose a particular risk to MENA, but so, too, do hazards that are more regional in nature. According to respondents in the Middle East and North Africa to the World Economic Forum’s Executive Opinion Survey, the top two risks across the region for doing business are “energy price shock” and “unemployment or underemployment.”