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Today's Feature
Property Casualty 360 (3/31/2020)
The coronavirus (COVID-19) pandemic affects almost every aspect of life, not just in New York, but across the United States and the globe. In addition to sickness and loss of life, the pandemic has had an immense impact on businesses around the globe, causing significant losses that are likely to continue for the foreseeable future.
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Industry News
Risk Management Magazine (3/2/2020)
As cybercrime becomes increasingly sophisticated, risk professionals must work in conjunction with their company's chief information security officer, general counsel, CFO/treasurer, operations managers and human resources department to adopt a comprehensive approach to manage and respond to cyber-related exposures.
Commercial Risk (4/1/2020)
Europe's corporate risk and insurance managers would support the creation of state-backed insurance pools to cover pandemic risk and plug the huge coverage gap that has been exposed by the Covid-19 outbreak, based on feedback from leading industry representatives gathered by Commercial Risk Europe.
Insurance Journal (3/27/2020)
Inventory levels at adult use cannabis stores in the U.S. showed a quick decline after the COVID-19 crisis began, as what was once an illicit drug seems to have not only become mainstream, it is now being declared an "essential business" by a number of state governments.
Canadian Underwriter (3/27/2020)
With the use of web-based video conferences proliferating during the COVID-19 crisis, cyber security experts warn they pose a threat as well as an opportunity in the age of telework.
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Risk Management Magazine (3/2/2020)
Technology promises to alter the practice of risk management. Will these advances simply change how risk professionals work or create new, more strategic roles? As organizations rely more heavily on advances in areas like artificial intelligence, data analytics and machine learning, the nature and focus of many professions will begin to shift.
The Conversation (3/29/2020)
Countries around the world are taking unprecedented action to stem financial collapse due to COVID-19. Governments are acting as insurers of last resort, providing liquidity to both individuals and corporations in dire straits.
Property Casualty 360 (3/31/2020)
As an information security professional in the world of insurance, the emergence of cyber threats and how we prevent and mitigate these risks are somethings I think about often (as do my colleagues and peers).
Bloomberg / Insurance Journal (3/31/2020)
Hours after the results of a risk model reached the public, U.K. Prime Minister Boris Johnson and U.S. President Donald Trump asked nearly 400 million people to upend their lives.
Canadian Underwriter (3/30/2020)
Canada's P&C insurance industry should follow the example of the banking sector and show a united front in presenting options to clients adversely affected by the COVID-19 pandemic, according to some brokers... (Canadian Underwriter will be updating this story to post company responses as we receive them.)
Bloomberg / Asia Insurance Post (3/30/2020)
Insurers the world over have been walloped by evaporating investment returns, but those in South Korea have been hit particularly hard. Just consider this: The nation's second-largest life insurer became a penny stock this month.
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