With a record 9 named hurricanes already this year, and up to 6 major hurricanes projected by the end of 2020, risk managers and insurance brokers must manage ever rising CAT losses. As the year continues, businesses must take even greater steps to shore up their risk strategies and update rapid response plans around successes and failures from earlier in the year.
With the wildfire season underway, the insurance market “will likely continue to harden as insurers adapt to the reality of increasingly strong fires across the western...
Active climate risk management still remains a weak point for most companies. The first step to bolster resilience? “Identify and quantify exposures related to assets,...