The Hill (1/22/2019)
The World Economic Forum Global Risks Report 2019 shines a light on a topic that Zurich has been calling attention to for a long time. The report's Global Risks Perception Survey identified "extreme weather" as the top risk in terms of likelihood over a 10-year horizon and placed it at No. 3 in terms of impact over the next 10 years.

Continuity Central (1/23/2019)
Aon plc has published its 'Weather, Climate & Catastrophe Insight: 2018' annual report, which evaluates the impact of global natural disaster events to identify trends, manage volatility and enhance resilience. The report states that 394 natural catastrophe events in 2018 generated economic losses of USD225 billion.

The Wall Street Journal (1/21/2019)
In the future, industrial robots may create jobs, boost productivity and spur higher wages. But one thing seems more certain for now: They're vulnerable to hackers. Factories, hospitals and other big robot users often lack sufficient levels of defense against a digital attack, according to cybersecurity experts, robot manufacturers and engineering researchers.

Insurance Business Magazine (1/22/2019)
Smart cities are entering a new phase, as not only are city leaders readily installing digital solutions to improve efficiencies, such as cutting down the minutes spent on a daily commute, but residents are now able to use their smartphones as the keys to the city that unlock further capabilities by injecting additional data into the 'smart' ecosystem, according to a 2018 report from the McKinsey Global Institute.

Continuity Central (1/22/2019)
Companies globally could incur US$5.2 trillion in additional costs and lost revenue over the next five years due to cyber attacks, as dependency on complex Internet-enabled business models outpaces the ability to introduce adequate safeguards that protect critical assets, according to a new report from Accenture.

Insurance Business Magazine (1/21/2019)
Phishing campaigns continue to dominate the global cybercrime arena. While issues like ransomware, cryptocurrency mining and state-sponsored attacks make the media headlines, it's the lower-level cyberattacks that are impacting the most businesses around the world.

Barron's (1/23/2019)
What are the biggest risks from global megatrends that are keeping experienced investors awake at night? To find out, I along with Eric Bouye, Svetlana Klimenko, and Daria Taglioni of the World Bank interviewed CEOs and Chief Investment Officers in a global sample of large asset owners and asset managers.

CPO Magazine (1/17/2019)
Multinational companies that have been purchasing cyber insurance policies to cover themselves in case of malware attacks, and cyber hacks might want to read the fine print in their policies. In what is shaping up to be a major test case for the entire cyber insurance industry, Zurich American Insurance Company is refusing to pay out a $100 million claim from consumer packaged goods company Mondelez, which was one of the biggest victims of the infamous NotPetya ransomware attack in June 2017.

The Washington Post (1/22/2019)
With Sen. Kamala Harris joining the field of 2020 hopefuls, three out of three Democratic senators now running for president have pushed for major cyber policy reforms -- from cracking down on election interference to stemming the flood of data breaches.

The Washington Post (1/7/2019)
The warnings sound like the plot of a Hollywood spy thriller: The Chinese hide malware in a Metro rail car's security camera system that allows surveillance of Pentagon or White House officials as they ride the Blue Line - sending images back to Beijing.
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