Emerging Risks

Understanding Sinkhole Risks: Financial and Human Impact on Homeowners
Risk Management Understanding Sinkhole Risks: Financial and Human Impact on Homeowners

Sinkholes pose a significant yet often overlooked risk to homeowners, with both financial and human consequences. These depressions, caused by the sudden collapse of land, can lead to costly damages and even fatalities. Despite their severe impact, sinkholes often fail to receive the attention they

February 21, 2025
Insurance Sector's Resilience Amid US Tariffs and Global Disruptions
Risk Management Insurance Sector's Resilience Amid US Tariffs and Global Disruptions

The insurance industry, often considered a bedrock of stability, has found itself under the microscope as the United States imposed tariffs that have rippled through various economic sectors. These tariffs, primarily aimed at manufacturing, agriculture, and consumer goods, have created a climate of

February 20, 2025
Solvency and AI Key to Future of Bermudian Life Insurers: BILTIR CEO
Risk Management Solvency and AI Key to Future of Bermudian Life Insurers: BILTIR CEO

As Bermudian long-term insurers and reinsurers look ahead to 2025, maintaining strong solvency and proper reserving, along with an enhanced focus on risk management, are paramount. Suzanne Williams-Charles, CEO of Bermuda International Long Term Insurers and Reinsurers (BILTIR), emphasizes these

February 12, 2025
Are You Ready for Future Risks in Climate, Cybersecurity, and AI?
Risk Management Are You Ready for Future Risks in Climate, Cybersecurity, and AI?

The evolving landscape of risk management is becoming increasingly complex, with emerging threats that demand our attention and proactive measures. As climate change accelerates, cybersecurity threats grow more sophisticated, and the rapid adoption of Artificial Intelligence (AI) and Big Data

February 12, 2025
Harnessing Data Analytics for Effective Fraud Detection and Prevention
Risk Management Harnessing Data Analytics for Effective Fraud Detection and Prevention

Fraud is a significant and evolving threat in the corporate world, necessitating sophisticated countermeasures. In recent years, the application of data analytics in detecting and preventing fraud has become increasingly vital, as companies strive to protect themselves from both internal and

February 11, 2025
Supply Chain Risk Management in Construction: Challenges and Solutions
Risk Management Supply Chain Risk Management in Construction: Challenges and Solutions

The construction industry has been grappling with numerous challenges over the past few years. Two of the most persistent concerns have been labor and interest rate issues. However, supply chain risk management has also become a crucial area of focus for industry professionals. Supply chain

February 10, 2025
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