Guy Carpenter announced that Gregory King-Underwood has been promoted to Head of the Credit, Bond and Political Risk Practice of Guy Carpenter International, with immediate effect. He will report to James Nash, President of Guy Carpenter International. ... Continue Reading »
political risk
Evolving Risks Landscape: 2008—2017
Social and environmental risks have supplanted economic ones as issues of greatest concern among respondents to the Global Risks Perception Survey. The survey was completed by almost 750 members of the World Economic Forum’s global multistakeholder community and the results analyzed in the World Economic Forum 2017 Global Risks Report, which was published by the World Economic ... Continue Reading »
Evolving Risks Landscape: 2008—2017
Social and environmental risks have supplanted economic ones as issues of greatest concern among respondents to the Global Risks Perception Survey. The survey was completed by almost 750 members of the World Economic Forum's global multistakeholder community and the results analyzed in the World Economic Forum 2017 Global Risks Report, which was published by the World Economic ... Continue Reading »
Survey: Geopolitical Risk Is Now a Top Concern for Finance Professionals
Geopolitical risk is having a bigger impact on earnings than ever before -- and senior management and boards are taking notice. According to the 2017 Association for Financial Professionals Risk Survey, supported by Marsh & McLennan Companies, 49 percent of finance professionals believe their organizations are exposed to greater earnings uncertainty than they were three ... Continue Reading »
Global Risks Report 2017
The Global Risks Report 2017, produced by the World Economic Forum with support from Marsh & McLennan Companies and other partners, was published this week. Now in its twelfth edition, the report provides insights into the key global risks facing businesses as well as the collective view of risk experts in all sectors as to the most significant threats to global prosperity ... Continue Reading »
The Impact of Catastrophe Exposure to Public Entities
Here we review GC Capital Ideas posts on how catastrophic exposures are adversely impacting public entities. ... Continue Reading »
Growing Public Sector Debt
Many governments today are straining under public debt and many of the most catastrophically exposed governments are in the worst financial position. This is particularly true for countries exposed to the perils of flood, tropical cyclone and earthquake. Compounding this situation are demographic and economic trends that are adding additional pressure on already stressed ... Continue Reading »
Marsh and McLennan Companies, in Collaboration With the World Economic Forum, Publish the 11th Annual Global Risks Report
Disruptive shifts in technology, geopolitics, societal expectations, and economic patterns are creating instabilities that are directly impacting events in the world today. The World Economic Forum's eleventh Global Risks Report highlights the issues that will exacerbate volatility and uncertainty over the next decade - while also presenting opportunities for governments and ... Continue Reading »
Reevaluation of Terrorism Risk and Coverage Prompted by Global Unrest and Political Instability
The dramatic rise in political instability and civil unrest across the globe, including uprisings in the Middle East and protests in Greece and Spain, has triggered a significant shift in the nature of terrorism risk and has highlighted the need for tailored terrorism and political violence protection, according to "Tensions Building: the Changing Nature of Terrorism Risk and ... Continue Reading »
Terrorism (Re)Insurance Market Today
David Flandro, Global Head of Business Intelligence, Julian Alovisi, Assistant Vice President, Lucy Dalimonte, Senior Vice President, Ellen Rieder, Managing Director and Emma Karhan, Senior Vice President Contact The unrest around the world outlined earlier in the report has begun to impact the terror (re)insurance market, not only with regard to supply and demand but also in ... Continue Reading »