Business Insurance Magazine (11/22/2019)
The evolving privacy regulation environment is likely to have reverberations for the cyber insurance space, especially as one of the strictest privacy laws in the United States is just around the corner. One cyber expert says the California Consumer Privacy Act (CCPA) will have "a big impact" on this line of business.

Asia Insurance Post (11/20/2019)
Climate change could directly cost the world economy US $7.9 trillion by mid-century as increased drought, flooding and crop failures hamper growth and threaten infrastructure, new analysis showed Wednesday.

Property Casualty 360 (11/26/2019)
After gaining momentum in recent quarters, the U.S. property and casualty (P&C) insurance market is entering a hardening pricing phase, with favorable pricing trends expected to continue in the current P&C underwriting cycle, says Fitch Rating's new report, "The Property/Casualty Underwriting Cycle: Shallower Market Peaks and Valleys Ahead."

Claims Journal/Insurance Journal (11/26/2019)
Blockchain technology and parametric insurance should be included in the Federal Emergency Management Agency's toolbox as it strives to close the nation’s flood insurance coverage gap, according to a draft report by an advisory committee that makes recommendations to the agency's director.

Harvard Business Review (11/27/2019)
For businesses today, cyber risk is everywhere. Yet for all the investments they've made to secure their systems and protect customers, companies are still struggling to make cybersecurity a vibrant, proactive part of strategy, operations, and culture.

IT Brief (11/25/2019)
Geopolitical instability could be a major factor in how organisations review their risk mitigation options, which means the entire global offshore services market may shift.

The Enterprisers Project (11/22/2019)
What is the difference between a firm that is resilient against cyber threats and one that is vulnerable? What strategies and technologies ensure that a company can continue its day-to-day operations even as it faces a growing list of cyber threats?

Commercial Risk (11/22/2019)
Thailand’s general insurance business is predicted to grow from THB247.6bn ($7.7bn) in 2018 to THB285.5bn ($9.1bn) in 2023, according to data and analytics company GlobalData.

Reuters/Insurance Journal (11/25/2019)
The Uber ride-hailing service was stripped of its London operating license on Monday for the second time in just over two years, subject to appeal, after the regulator found a "pattern of failures" on safety and security.

Quantitative analysis is a key part of risk management. Ken William, staff actuary at the Casual Actuarial Society will lead this webinar on December 5. Ken will address how to effectively leverage the actuarial skillset, including best practices in dialogue, the actuarial approach to quantifying risk, what you should expect from an actuary, and in particular, the role that actuaries play in helping Risk Managers focus their efforts in managing the company's risk profile and ultimate liabilities. This webinar is free for members.

This RIMS report gives background of Reservation of Rights and discusses what to consider when deciding if, when and how to respond. It also includes examples of these notifications, response letters, while exploring claim limitations, communications strategies, litigation and conflicts of interest. This report is available for members in the Risk Knowledge Library.