The convergence of tangible and intangible challenges facing the (re)insurance industry is creating one of the most dynamic and potentially volatile environments in recent market history, yet (re)insurers continue to demonstrate their resilience through their ability to adapt and respond. This is according to panelists at a recent virtual media briefing, Moving Forward, hosted ... Continue Reading »
Turner (Jessica)
Video: The Tangible Economic Cost of Action Related to Climate Change is High, Inaction Higher
In this video, Josh Darr, Head of North America Peril Advisory, Guy Carpenter, and Jessica Turner, Managing Director, Catastrophe Advisory, Guy Carpenter, highlight how the tangible economic cost of action related to climate change may be high, but the cost of inaction is ultimately higher. They also discuss the scientific advances being made for climate change risk ... Continue Reading »
Video: What Lessons Can We Take From the COVID-19 Experience to Globally Mobilize a Whole-of-Society Response?
In this video, Jessica Turner, Managing Director, Catastrophe Advisory, Guy Carpenter, and Josh Darr, Head of North America Peril Advisory, Guy Carpenter, relate how society mobilized and came together in the pursuit of the same goal in response to COVID, demonstrating that we can use the same focus towards the next group of challenges around climate change, biodiversity, ... Continue Reading »
Video: UK Climate Stress Test a Sign of Increasing Scrutiny of Insurer Climate Risk
Jessica Turner, Ph.D., Managing Director, Catastrophe Advisory, Guy Carpenter, speaks with The Insurer about the Bank of England’s climate stress test. It is a sign that central banks and international regulators are looking to “ramp up” oversight of insurer climate risk. ... Continue Reading »
Video: The Reinsurance Market and Climate Change
Guy Carpenter recently participated in a series of videos with The Insurer, in which experts from throughout Guy Carpenter opine on different aspects of the contemporary risk landscape. ... Continue Reading »
Guy Carpenter Addresses Changing Nature of Risk
The (re)insurance industry is navigating one of the most significant periods of change in recent times which is altering perceptions of risk across the sector. The impact of COVID-19, the first globally systemic insurance loss, has put pressure on a marketplace already addressing challenges on multiple fronts. During this period of transformational change, reinsurance continues ... Continue Reading »
A Changing Climate
Climate change has long been a topic of considerable debate. Its profile has been raised further recently by two key developments: first, the occurrence of several high profile losses where climate change may have played a contributory role (for example, the California wildfires) and second, regulatory initiatives, particularly in Europe, to stimulate the industry’s focus on ... Continue Reading »
