Several of the risks currently faced by corporations are shaped by legal rules. Liability rules, for instance, determine the cases in which firms will incur economic losses, either because thay are obliged to compensate for the harm suffered by others, or because they are inflicted monetary...

Insurance Industry will create a more efficient, customer centric, collaborative and innovative marketplace. Embrace extended/networked business models that include innovation across value chain through capabilities of strategic partners, best practices, expertise, and capital...

Background, International prespective, UK developments, Striking a balance, Looking ahead - Solvency II...

Catastrophes of all times, Man-made catastrophes; naturla catstrophes; Different forms of government intervention in compensation; law and economics literature is crittical: implicit subsidy...

Insurance has to assess and manage emerging risks. Undertsanding emerging risks includes understanding the social construction of risk: for example, the ermgence of a disease or illness as a social process, not only as an epidemiological phenomenon. The social construction of risk - as Tom Baker...

Sustainability ; Climate Change ; What can the (re)insurance industry do? ; CC is also a societal choice...

Like its peers SCOR is not a heavy contributor to climate change as its activity doesn't pollute that much, Still it is difficult to disseminate an environmental culture within a company if no concrete actions are taken. That is partly why SCOR's main locations have already launched various...

Implementing adaption measures are required to reduce society's vulnerability to climate risk and maintain the risk at manageable levels. These measures will help ensure the long-term availability and affordability of insurance...

First, we must insist that the "Best Science" is informing our understanding of the future risks, and how these risks are apportioned across different geographies and amongst different stakeholders. We need for this science to be both objective and robust as there are significant uncertainties...