What Oil Volatility Means for Political Risk

oil barrels (blue)

The price of a barrel of oil has slipped by almost 40% in the last few months (from $115 to $70). This is primarily due to three reasons: the global economy is consuming less oil; OPEC has started producing more oil; the US has been producing shale gas much more effectively and efficiently. Continue reading →

Corporate Cat Bonds: The Next Frontier?

Non-life Cat Bond Issuance / Outstanding Volume

Despite a record issuance year, catastrophe bonds sponsored by individual insureds have been noticeably absent. Continue reading →

The Changing Face of Human Capital in 2015

old and young

Baby Boomers are packing up their expertise and retiring in droves. The Millennial generation is at your door with fresh ideas about making work (and life) meaningful. It’s time to stop just strategizing on how to manage Millennials—and time to … 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 →

Paris Terror Attacks Tragic but not Unexpected

Reuters: Paris terrorism

Last week’s attacks on Charlie Hebdo’s offices in Paris are testament to an increasingly insidious and networked ideology, driving the extension of Islamic extremism and violence across many parts of the globe. These attacks in Paris, as well as other … Continue reading →

Terrorism Backstop Renewed, but Coverage Not Retroactive

TRIA (green)

President Barack Obama signed into law Monday the extension of the Terrorism Risk Insurance Program Reauthorization Act of 2015 which extends the program until December 31, 2020. The law H.R. 26, also gradually increases the trigger required to activate the program … Continue reading →

Cyber Risk: Pre-Loss Planning

cyber plan

The threat of cyber risk (financial loss, disruption, or reputational damage caused by a failure of an organization’s information technology systems) is an increasingly critical issue that almost all organizations are faced with today. The recent data failures suffered have … Continue reading →

Concentration of Financial Infrastructure in Urban Centers

dense city

Sandy and 9/11 taught us some harsh lessons about how much of the US financial backbone is located in a narrow swath of real estate. It is true that more people are working remotely and that the Internet has made … Continue reading →

TRIA Passes Senate; Next Stop President

Senate passes TRIA

On January 8th, the Senate voted to pass the Terrorism Risk Insurance Program Reauthorization Act of 2015 which extends the Terrorism Risk Insurance Act for an additional six years until 2020. This follows a bi-partisan vote of 416-5 in the … Continue reading →

HR Metrics That Matter

employee metrics

Using metrics can be a valuable resource in establishing human resources (HR) as a strategic partner, uncovering areas of opportunity and improvement, and building your business case when recommending new courses of action or programs. Continue reading →