Insurers Cite Global Pandemic As Extreme Risk
In past articles we have noted that most businesses are under-insured, particularly when one considers the myriad of threats facing business owners in a global economy. Third party insurers struggle to offer viable and affordable insurance policies for the wide range of threats facing businesses today.
This point is further underscored by a December 12 article in CAPTIVE INSURANCE TIMES written by Daniel Jackson. Towers Watson recently conducted a large scale survey among global insurance industry executives. According to Jackson “Global insurance industry executives ranked a global pandemic, a large-scale natural catastrophe and a food/water/energy crisis as the three most important extreme risks for the insurance industry to worry about in the long term.” Continue Reading