In this month's newsletter, we outline how Connected Risk will transform Regulation
Casualty Scenarios: The Dark Matter of Risk
In this world of extreme connectivity (re)insurers are all joined up to the same underlying exposures, which are increasingly man-made. This world of extreme connectivity has the potential to reshape the nature of risk as we know it by concentrating peak casualty exposures in a kind of dark matter that cannot be seen by today’s analytics and risk modelling observatories.
Is that the reality or are there risk exposure pioneers that are willing to observe and know our risks? At Russell Group we believe that there is every reason to be optimistic that this unaccounted for dark risk matter which is expanding today’s universe of exposures can be observed, measured and tracked.
In this white paper we examine the current casualty risk landscape across three distinct areas of concern: business interruption, market downturn in connected networks and enterprise risk in connected companies.