Risk-adequate the new buzzword in global re/insurance
16 September 2024
The disciplines of risk management, mitigation and transfer continue to evolve as insurers and reinsurers refine their underwriting practices to accommodate the potential mega-loss events arising from themes such as climate change and cyber liability. As insurance brokers break news about fire and flood exclusions to their commercial and personal lines clients, global reinsurers are coining new phrases to explain their risk approach.