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The Erratic Enigma: A Few of These Ancient Geological "Orphans" Remain Mysterious

The Erratic Enigma: A Few of These Ancient Geological "Orphans" Remain Mysterious
mysteriousuniverse.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mysteriousuniverse.org Daily Mail and Mail on Sunday newspapers.

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Federal Reserve Bank of San Francisco | Climate Risk and the Fed: Preparing for an Uncertain Certainty

Federal Reserve Bank of San Francisco | Climate Risk and the Fed: Preparing for an Uncertain Certainty
frbsf.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from frbsf.org Daily Mail and Mail on Sunday newspapers.

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The Fiji Times » Underwriters puzzle over how to make pandemics insurable again

The Fiji Times » Underwriters puzzle over how to make pandemics insurable again
fijitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fijitimes.com Daily Mail and Mail on Sunday newspapers.

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Underwriters puzzle over how to make pandemics insurable again

“We exclude war – it’s not insurable,” he said.
But as industries spanning travel and hospitality to construction and manufacturing revert to a new normal, huge demand is causing insurers to figure out how they can put pandemic risk back in policies without making them prohibitively expensive.
One example is the film and television industry.
U.S. company SpottedRisk has devised a model built on years of data on the political and economic environment of film locations in 150 countries, as well as a year’s COVID-19 shutdown data, to come up with a pricing mechanism to cover the risk of production stopping due to the pandemic. ....

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Are pandemics uninsurable? Why some insurers are trying again.

London
When much of the global economy locked down last year, insurers, facing estimated losses of more than $100 billion globally, reached straight for their red pens to strike pandemic cover from all new business policies.
Denis Kessler, chairman and CEO of French reinsurer SCOR, summed it up when he told a recent conference that pandemic risk was like war.
“We exclude war – it’s not insurable,” he said.
But as industries spanning travel and hospitality to construction and manufacturing revert to a new normal, huge demand is causing insurers to figure out how they can put pandemic risk back in policies without making them prohibitively expensive. ....

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