Chart examines the policy coverage matrix between cyber and property lines of insurance coverage. Below shows how the four types of subject matter (columns A-D) are generally covered by direct policies, relative to the various types of cyber and property perils (rows 1-5). Where cover is predominantly provided by property or cyber, the relevant icon is shown in blue. Where ... Continue Reading »
emerging risks
Captives Offer Access to Capital
Captive owners are seeking options for coverage of terrorism and other high-severity risks. Among other benefits, captive owners gain flexible options to finance emerging and high-severity risks, such as cyber liability, terrorism, and cyber terrorism. ... Continue Reading »
Getting Practical with Emerging Risks
Widespread political volatility and rapid technological advances are spurring companies to question not just their resilience, but also their fitness for purpose in the new world order. Yet, many companies are unsure what practical steps they should be taking with regard to major strategic uncertainties and potential shocks. ... Continue Reading »
More Firms Using Captives to Finance Emerging Risks
Captive growth has not been a "numbers only" trend. Captives have spread geographically into dozens of countries, evolved into multiple forms and financed a variety of risks. Most industries now have captives, with notable year-over-year growth in the Asia-Pacific region and the largest captives becoming even bigger and more strategic. ... Continue Reading »
Exposure to New Risks
Some emerging technologies are exposing organizations to new risks, but few practitioners report a significant impact. Over half of survey respondents report that artificial intelligence is impacting risk exposure at their organizations, although only 14 percent indicate the effect is significant. Data engineering and spreadsheets are also viewed as technologies that will ... Continue Reading »
Three Takeaways from Global Risks Report 2018
Marsh & McLennan, in collaboration with the World Economic Forum, launched the 13th edition of the Global Risks Report. The report offers a rich perspective on the major threats to global prosperity. The global risks landscape is being shaped by the extraordinary pace of change, characterized by rapid technological advances (such as AI and automation) on the one hand, and ... Continue Reading »
Getting practical with Emerging Risks
Widespread political volatility and rapid technological advances are spurring companies to question not just their resilience, but also their fitness for purpose in the new world order. Yet, many companies are unsure what practical steps they should be taking with regard to major strategic uncertainties and potential shocks. ... Continue Reading »
Global Risks Report 2018: Building Resiliency, Finding Opportunity
The velocity of political and technological change is compelling organizations to strengthen their resilience against shocks and surprises. The 13th edition of the World Economic Forum's Global Risks Report, undertaken in partnership with Marsh & McLennan Companies, examines the evolving macro-level risk landscape and highlights the systemic threats that may disrupt ... Continue Reading »
Factors Contributing to the Gap Between Economic and Insured Losses
The factors that contribute to the gap between economic and insured losses. ... Continue Reading »
GC Securities and Marsh Captive Solutions Introduce Cerulean Re
GC Securities, a division of MMC Securities LLC, a U.S. registered broker-dealer and member FINRA/NFA/SIPC, today announced the establishment of Cerulean Re SAC Ltd. (Cerulean), a private syndicated collateralized reinsurance platform and Bermuda registered segregated account company (SAC) and licensed special purpose insurer. ... Continue Reading »
