Risk Management Magazine (2/1/2024)
Hard markets, characterized by high premiums and deductibles as well as stricter terms, will continue to plague risk managers this year, with property presenting bigger challenges than casualty.

StrategicRISK (2/2/2024)
”Leaders have endured frequent economic disruptions over the past few years and have become more adept at dealing with them; however, they remain cautious of geopolitical conflicts and supply chain disruptions,” said Neeraj Sahai, president, Dun & Bradstreet International.

Business Insurance (2/7/2024)
According to Ivans Insurance, commercial insurance renewal rates increased in January across various lines, though at a slower pace than previous months.

Insurance Journal (2/9/2024)
Marsh & McLennan, Aon, Arthur J. Gallagher, WTW, and Brown & Brown saw significant revenue increases in 2023, showcasing a resilient insurance sector.

PropertyCasualty360 (2/8/2024)
Strategies for enhancing agency value include focusing on revenue growth, retention, carrier relationships, profitability, and succession planning with talent development.

Insurance Journal (2/9/2024)
Record global temperatures surpass 1.5°C, sparking anxiety as insurers grapple with investment risks linked to climate change.

Reinsurance News (2/7/2024)
AM Best underscores the potential financial risks associated with cyber insurance expansion, urging insurers to manage and monitor portfolios diligently.

Associated Press (2/5/2024)
Experts propose a new hurricane category for storms with winds surpassing 192 mph, citing increasing intensity due to climate change.

RIMScast
February is Black History Month.  In recognition of this, RIMScast welcomed Tamara “Tammy” Franklin; the Chief Digital Data and Analytics Officer at Marsh, who discussed the state of the risk profession, shared some of her own experiences, and offered her ideas on how employees and companies can successfully invest in Black talent.

RIMS Executive Report, Sponsored by Auditboard
With third-party breaches escalating in velocity and impact, it’s no longer enough to secure internal assets; organizations must be doubly sure any sanctioned entity with network permissions does not become an unwitting conduit for malicious activity. However, managing third-party and supply chain threats remains a daunting task. Download to see how your organization compares to the survey results.