RISK IN CONTEXT
Black swan events present a unique challenge for ports and terminals, both in terms of the difficulty in predicting and mitigating them and the potential consequences they can bring about.
Webcast panel reviewed the results from Marsh’s upcoming 2016 Terrorism Risk Insurance Report, which highlights trends in terrorism insurance purchasing and pricing.
Though the second quarter of 2016 is the 13th consecutive quarter of global insurance renewal rate declines, it is also the second consecutive quarter the rate of decline has moderated on average.
The changing pattern of terrorism risk has companies questioning whether they are adequately insured for business interruption and related losses while they grow more concerned about cyber terrorism.
The 2016 World Energy Trilemma report highlights how governments and businesses are translating the energy trilemma goals into tangible action.