The Inside Track

This KBRA report is a follow-up to a research publication on KBRA’s general approach to incorporating environmental, social, and governance (ESG) factors in KBRA’s credit rating process across corporate, financial, and government (CFG) ratings, which we describe as ESG Management. While our previous publication provided a broad overview of KBRA’s ESG Management approach, this report focuses on the potential influence of ESG topics on KBRA’s analysis of corporate ratings. It is important to note that this research is not methodology. KBRA’s cross-sector ESG methodology can be found here.

Their size and diversified nature can foster long‑term change.

What is the difference in perception and resilience amongst business leaders to environmental risks, and are businesses fully prepared for the associated risks – such as pandemic, climate change, environmental damage, food security and energy transition?

The best-attended and the most thought-provoking strategic event for (re)insurance professionals, executives and advisers involved with the London market was back on the 24th of November 2021.

Tim McCosh, Co-Founder and CEO of Yokahu, looks ahead to what promises to be a busy next year as parametric products step in to bridge the trust gap in insurance

A potent storm system on December 10-11 that saw a reported 70 tornados tear across Kentucky, Arkansas, Illinois, Mississippi, Missouri, and Tennessee resulted in widespread devastation and tragic loss of life. In Kentucky alone, a significant long-track tornado that started in Woodland Mills, Tennessee, traveled a 165.7 mile path of destruction to Falls of Rough, Kentucky.

Cyber, natural catastrophes and the ongoing pandemic are top of mind for executives attending the Joint Industry Forum in New York.

How can re/insurers manage growing catastrophe risks if lessons from the past no longer apply?

The rise of ransomware attacks has lead some underwriters to raise rates and pull back on capacity, said Catherine Mulligan, head of cyber for Aon Reinsurance Solutions, at the Joint Industry Forum in New York.

Taking single-minded steps to reduce the risk of ransomware attacks could open companies up to other vulnerabilities, said Chris Beck, a managing director with Milliman.

Thorsten Steinmann, head of casualty underwriting, EMEA for Swiss Re, discusses challenges and opportunities in the region.

The region’s economies have been hit hard by the pandemic, but London has the chance to take more business there, if it sorts out its service problems.

Small companies can stand out and draw fresh talent through a strong diversity and inclusion program, said Aaida Abu Jaber, D&I leader, IGI.