Political Risk Map 2020 – Mid-Year Update for Asia-Pacific: As the region hit first by COVID-19, many countries in Asia-Pacific experienced a sharp rise in economic risk early in the year. Almost two-thirds (64 percent) of the countries rated by Guy Carpenter-affiliate Marsh JLT Specialty’s World Risk Review (WRR) experienced an increase in their country economic risk rating of more than one, between January and July 2020.
How Businesses Can Overcome Barriers to Achieving Climate Goals: According to a recent survey of hundreds of business executives and thought leaders, many are taking the right steps to reach their goals. However a range of factors threaten to disrupt progress, including a lack of attention to risk, issues developing consistent resilience, financial disclosures such as those recommended by the Task Force on Climate-Related Financial Disclosures (TCFD) and a general need for greater expertise. This webinar examines key plans and actions businesses are taking to address climate change.
Chart – U.S. Property Catastrophe Rate-On-Line (ROL) Index – 1990 to 2020: This chart shows the Guy Carpenter U.S. property catastrophe Rate on Line (ROL) index for the period between 1990 and 2020.
Digital Tools Can Help Reopen Workplaces Safely, If Businesses Mitigate Risks: While COVID-19 remains a threat worldwide, societies and businesses are weighing how best to restart economies and return to work safely without causing a resurgence of infection. Some governments are rolling out digital tools in attempts to control the spread of the disease, and businesses may find it desirable to pursue similar solutions lest their financials and market positioning weaken further.
September 2020 Dedicated Reinsurance Capital Update: Guy Carpenter and A.M. Best have re-issued our joint dedicated reinsurance capital estimate for September 2020 of USD 471 billion, down 2.4 percent since year-end 2019. The recent update and change is the result of additional analysis and mid-year reporting from our initial June forecast.
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Silent Cyber – No Longer Silent: Silent (or non-affirmative) cyber refers to cyber-related exposure within many all-risk general insurance products. If no explicit cyber exclusion applies, coverage for losses caused by cyber perils may apply. This underlying exposure’s potential for aggregated loss is currently one of the major issues being considered by the (re)insurance industry.