In my last article, I gave a brief overview of the major risks impacting businesses. Today, I’ll dive deeper into the trend of catastrophic risk. Catastrophic risk takes many forms. At Marsh McLennan ...
Among surveyed Fortune 500 companies, 66% reported a negative impact from US trade policies. In addition, 65% cited economic ...
While we may use statistical measures like volatility or correlation to measure risk in practice, risk is not a statistical abstraction. Business owners can try to insulate themselves from ...
Last year was a record year for catastrophic natural disasters. The first 6 months of 2011 alone saw the massive earthquake and the resultant tsunami which devastated the coastline of Japan and ...
AI is already sufficiently robust that it introduces new global risks and exacerbates existing threats. Its development is ...
Each of the various pathways to global catastrophe presents its own winding course of possibilities. Nuclear weapons, climate change, pandemics, advanced technologies, and space weather might appear ...
OpenAI, the artificial intelligence (AI) company behind the popular AI-powered chatbot ChatGPT, unveiled a framework to protect against the “catastrophic risks” posed by the rapidly developing ...
The NAIC is retooling efforts to improve climate change modeling and be better prepared for its impacts on the insurance industry.
MALVERN, Pa.--(BUSINESS WIRE)--Catastrophe losses are climbing to historic levels, with natural catastrophes having generated approximately $112.8 billion in insured losses in 2024, according to ...
SUMMARY: The Federal Crop Insurance Corporation finalizes the Catastrophic Risk Protection Endorsement. The intended effect of this action is to clarify existing policy provisions and to incorporate ...
US Navy and GAO reviews warn that unresolved safety risks could lead to further catastrophic V-22 Osprey mishaps without ...
Following major mishaps, the military’s first tiltrotor aircraft program must take “immediate and decisive action” to avoid ...
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