Category Archives: Analytics

Steve Hearn at RIMS: What it Means to be the Analytical Broker

RIMS_Steve-Hearn-with-Colleen

Two years ago at RIMS, Steve Hearn led the Willis team that announced the company’s ambition to become the analytical  broker. Now Deputy CEO of Willis Group, Hearn returns to RIMS  to talk about the progress made. Continue reading →

Risk Appetite and Tolerance

tightrope walker

Although most insurers operate with a good risk appetite, in most cases, it is not articulated in a way that managers can connect to ERM terminology. Continue reading →

Business Interruption Values – Avoiding Miscommunications and Misunderstandings

business interruption

Accurately measuring and presenting business interruption values is a critical part of an organization’s pre-loss planning process. When faced with a catastrophic event—whether  a natural catastrophe such as a hurricane or earthquake or a human-caused catastrophe such as an act … Continue reading →

How to Introduce Risk Analytics to Your Life Science Company

eyes-testing-lab-dropper

We are inundated with headlines regarding analytics for business. CFOs and risk managers have been trying to get their bosses to listen for years– Continue reading →

Are You Safe From Tsunamis?

tsunami

While the devastating Asian Tsunamis of 2004 and 2011 left us in no doubt of the threat in that region, people in Europe and the Caribbean generally consider themselves safe. However, according to a new Global Tsunami risk study published … Continue reading →

After Tohoku: Re-evaluating Japanese Earthquake Hazard

Japanese Hazard Map_Subduction-zones

The magnitude of the 2011 Tohoku earthquake came largely as a surprise to the seismologist community and revealed certain shortcomings in previous hazard studies. Helping to address this, in 2012 and 2013, the Headquarters for Earthquake Research Promotion (HERP) in … Continue reading →

Volatile Oil Prices Prompt Firms to Reassess their Risk Tolerance

falling oil prices

Oil prices have dropped 40% in the past six months alone, leading many oil companies to significantly curtail their production. Profit margins and cash flows have been considerably impacted as a result and now, the drastic drop in prices means … Continue reading →

Reinsurance and Solvency II – Part 1: The Challenge of Regulating Diverse Markets

global analytics

If you’ve read any of my past blogs about Solvency II you will know that I have a love/hate relationship with it. I fully believe in and support what Solvency II is trying to do but find the way it … Continue reading →

Case Study: Using Insurance to Protect Corporate Financial Objectives

umbrellas

Optimizing insurance programs to act as a hedge to protect corporate financial objectives enables insurance buyers to deliver insurance programs that are superior in value and efficiency. Using insurance to reduce the volatility of an organization’s financial results moves insurance … Continue reading →

What Risks Will Emerge in 2015?

storm light house

Our list of emerging risks for 2015 covers the kind of perils that keep risk managers up at night: cyber risk, oil price volatility, the changing demands of today’s workforce, the over-confidence corporations have in the ability of their entity … Continue reading →