Risk Management

Ten or 15 years ago, no companies had a chief risk officer. Risk was barely mentioned. Today, risk has to be on every board's agenda.

Years in, insurtech is more than an emerging risk. Risk management professionals need new approaches to manage its effects.

To help prospective bidders on public-private partnership (P3) projects manage and assess risks, it is important to look at two key factors.

"Risktech" has emerged as technology solutions that will help mitigate risk by more effectively navigating the digitization of the risk profile of organizations.

He said “the annual probability of a U.S. mega-catastrophe causing $400 billion or more of insured losses is about 2%.” That is way too high.

However an organization defines its risk tolerance, how does it know its portfolio is in line with its perception of risk?

Decision-making shortcuts can be useful but may lead to inaccurate judgments in complex business situations of high uncertainty.

Representations and warranties insurance has emerged as a common tool in the current M&A market.