Category Archives: Global Risks

Navigating the risks of a global insurance marketplace in transition

Cargo container ship in the water

Risk managers can no longer rely on the practice of simply purchasing low-cost worldwide non-admitted policies. Continue reading →

New risks in leisure and hospitality

hot rolls on an assembly line

Asking the right questions about your policies and practices is essential to prepare you for virtually any possibility. And having the right risk management in place to mitigate against changing risks can help you face an uncertain future with greater certainty. Continue reading →

A helicopter view of airport risk

Airports are tempting targets for terrorists. The combination of high population densities, commercial aircraft from all over the globe and a symbol of national prestige require special risk controls. Continue reading →

Changing risk management for the changing global environment

close up of a man in suit and some colleagues viewing papers depicting bar graphs

The strategic CRO needs to be at the forefront of understanding a rapidly changing environment to assess risks in an informed way and advocate for new opportunities. Continue reading →

Political violence in 2018: A year of uncertainty

red flags on top of rocks by the ocean

The political violence landscape of 2018 could be best characterized as a year of frustrations and disappointments. National rivalries and disagreements, peppered with the liberal employment of sanctions and tariffs, have made the global compact appear even more unstable. And the rise in populist movements, the erosion of governance and the increasing activity of far-right extremism has probably not yet reached its peak. Continue reading →

Instability in countries like Venezuela highlights need for political risk insurance

Faut-il réinventer le salaire de base?

As Venezuela’s economic and political crisis reaches a boiling point, it serves as a cautionary tale to corporations that have invested in fast growing but increasingly unstable economies. Continue reading →

Expansion has its challenges: Realizing the risks of China’s Belt and Road Initiative

aerial view of intersecting roads at night with red lights

The cornerstone of Chinese foreign policy provides domestic businesses with an opportunity to expand into new territories and develop new products and services. But there are dangers lurking within the possibilities. It’s a maxim in the insurance industry that with … Continue reading →

Are you ready for peak 2018 hurricane season?

a car submerged under water

While current predictions indicate a relatively quiet hurricane season, particularly in comparison to last year, it only takes one major hurricane making landfall in a built-up area to create a significant loss, as we saw with Hurricane Andrew in 1992 … Continue reading →

Midyear update: Most dangerous risks for insurers in 2018

Close up of caution tape over a rail

In January, we wrote about 2018’s most dangerous risks for insurers, highlighting what more than 200 insurance managers cited as the top 10 risks to watch for the year. Now that we’re midway through 2018, it’s time to take a … Continue reading →

Learning about natural hazards: A recap of Willis Research Network’s spring seminar series

streets flooded around a building

This past spring, Willis Research Network (WRN) hosted a series of morning seminars that featured a number of research projects and partners. Topics ranged from severe convective storms to corporate risk profiling, and included findings from some of the WRN’s … Continue reading →