Pandemic Tops Global Insurance Executive Rankings Of ‘Extreme’ Risks To Their Industry

Here’s an interesting piece I stumbled upon this morning while searching for some pandemic-related material out in cyberspace. Caitlin Bronson reported on the website of Insurance Business (America) this morning:

A global pandemic, a widespread natural disaster and a food/water/energy crisis are the top three extreme risks threatening the insurance industry in the near future, a Towers Watson survey of global insurance industry executives reveals.

The survey—part of Towers Watson’s biennial analysis Extreme Risks—asked more than 30,000 top executives to rate very rare events that would have a large impact on global economic growth and the insurance sector.

In addition to health, weather and technological risks, the insurance executives also saw financial disasters as having a large role to play in the future of the insurance industry. An economic depression, a banking crisis and a default by a major sovereign borrower were all listed in the executives’ top 10 concerns…

It’s a short, insightful read (I wonder if the insurance industry is any good at forecasting major crises/disasters?), and the article can be viewed in its entirety on the Insurance Business (America) website here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Share

Tags: , , , , , ,

No comments yet.

Leave a comment

Survival And Prosperity
Est. 2010, Chicagoland, USA
Christopher E. Hill, Editor

Successor to Boom2Bust.com
"The Most Hated Blog On Wall Street"
(Memorial Day Weekend 2007-2010)

Happy New Year

PLEASE RATE this blog HERE,
and PLEASE VOTE for the blog below:



Thank you very, very much!
Advertising Disclosure here.
ANY CHARACTER HERE
Emergency Foods Local vendor (Forest Park, IL). Review coming soon.
ANY CHARACTER HERE
Legacy Food Storage Review coming soon
ANY CHARACTER HERE
MyPatriotSupply.com reviewed HERE
ANY CHARACTER HERE
Buy Gold And Silver Coins BGASC reviewed HERE
ANY CHARACTER HERE
BulletSafe reviewed HERE
ANY CHARACTER HERE
BullionVault BullionVault.com reviewed HERE
ANY CHARACTER HERE
This project dedicated to St. Jude
Patron Saint of Desperate Situations

Categories

 

Archives