Since December, the novel coronavirus that began in the Chinese megacity of Wuhan has infected more than 24,000 people and killed almost 500. It is well on its way to becoming a pandemic — defined as an ongoing epidemic that has spread to two or more continents. The World Health Organization has declared a global health emergency, and the United States has temporarily banned e ... Continue Reading »
Board Room
Global Risks Report 2020: Macroeconomic Risk Factors
During the last decade, moderate but stable growth has given way to what the International Monetary Fund (IMF) has called a “synchronized slowdown” — weakened growth among the world’s economies. Last year's Global Risks Report, produced by the World Economic Forum (WEF) in partnership with Marsh & McLennan and Zurich Insurance Group, cautioned that a gradual deceleration was ... Continue Reading »
How Can Large Asset Owners Make the Most of Nontraditional Risks?
Asset owners and investment managers pursuing sustainable capital growth face a new world of risk. The challenges, as highlighted in the World Economic Forum’s most recent Global Risks Report, don’t fit within conventional investment theory, according to Fiona Dunsire, Wealth Leader of Growth Markets at Mercer, Peter Grant, Principal at Mercer Investments and Richard Silvan, Inv ... Continue Reading »
Deep Dive on Decarbonization of Maritime Industry
Climate change is an increasingly urgent global issue that crosses sectors and geographies. Reducing Green House Gas Emissions (GHG) is at the forefront of many efforts to combat the potentially catastrophic rise in global temperatures, and an area in which shipping has a strong role to play. ... Continue Reading »
2020 State of the Financial Services Industry Report
Financial institutions in 2020 face a big challenge: creating the business of the future from the legacy they have today. This is revealing a major tension between two opposing mindsets, the vision mindset and the value mindset. ... Continue Reading »
Why Aviation Needs to Address Its Emissions Problem Now
Today, aviation as an industry contributes a relatively small percentage of global carbon emissions, thanks in large part to 50 years of efforts by aerospace and aviation to increase aircraft energy efficiency. Since the 1960s, aerospace manufacturers have pushed the envelope to reduce aircrafts’ fuel consumption, and those efforts continue today with unprecedented turnover to m ... Continue Reading »
How to Blend Tech and An Experienced Workforce
By 2030, the number of employees in the global workforce aged 50 to 64 is projected to increase by 15 percent to 30 percent. Companies thus face a critical challenge: How can they balance automation and digitization ambitions with the growing societal demand to help ensure adequate social protection and well-being for experienced workers? ... Continue Reading »
Managing Crowds and Other Threats During the Holidays
Incidents of workplace violence are way more common than they should be. And while this type of violence can be found across industries, workers at retail outlets, bars, and restaurants tend to be more prone to it. The holidays can only make the situation worse, both because of personal stresses and crowded environments, according to Mac Nadel, Food & Beverage Practice ... Continue Reading »
Staying Atop the Changing Cyber Insurance Market Is a Necessity for Boards
Cyber threats are a strategic enterprise risk that require significant focus and time by boards and C-suite members, among other key stakeholders. Yet, many organizations have worryingly low board and executive-level engagement around cyber risk, according to the Marsh Microsoft Global Cyber Risk Perception Survey. ... Continue Reading »
The Twin Trends of Aging and Automation
The twin trends of rapid population aging and automation have been unprecedented in speed and scope. Both academia and industry have dedicated extensive research to understanding the direction, magnitude, variations, and impacts of these separate trends. ... Continue Reading »
