Eyes in the sky Weather satellites that monitor tropical storms from space provide continuous views of each storm’s track and intensity changes. The equipment on these satellites and software used to analyze it make increasingly accurate hurricane forecasts possible. Much of that equipment is developed by federally funded researchers. For example, the Cooperative Institutes in … Read more
The main four parametric disaster insurance risk pools have signed a grant agreement with the Global Shield Solutions Platform (GSSP) to help them accelerate and deepen their collaboration, something which could have implications for how they transfer risk to reinsurance and potentially capital markets.Back in 2023, the African Risk Capacity Limited (ARC), Caribbean Catastrophe Risk … Read more
Digital risk management tools for 2025 Who else remembers the episode of Friends where they’re trying to move a couch around a tight corner on a staircase, and Ross starts yelling “Pivot!” That pretty much sums up how a lot of businesses are feeling these days. There’s plenty of uncertainty to go around, and there are … Read more
As part of digital transformation strategies, leading organisations are already using networks to enable new business models such as the Internet of Things (IoT) or optimise existing operating models such as asset tracking. Alternatively, businesses may be investing in technologies such as robotic process automation (RPA), as part of their digital transformation initiatives in order … Read more
As the cyber insurance-linked securities (ILS) market continues to expand, analysts at S&P Global Ratings have identified key factors influencing cyber ILS credit quality, including regulatory risks, policy terms, cedent risk, asset collateral, and modelling challenges.In a new report released by S&P, analysts project that, depending on continued market growth, cyber ILS issuances could surpass … Read more