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Digital Transformation: When Risk and Opportunity Collide

OVERVIEW While concerns are growing that trade tensions might slow global growth in 2019, business activity has bounced back from the decade-long shock of the global financial crisis. Major indicators show that the number of new companies being formed hit a 20-year low in 2014 before hitting pre-crisis levels in 2017. And with tech companies …

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Which Regions Were Hardest Hit By Natural Disasters?

Overview A combination of hurricanes, wildfires, cyclones, and droughts led to two of the costliest years ever in terms of weather and climate-related disasters. The combined economic toll of all natural disasters for both years was $675 billion – with insurers covering roughly one-third of that cost. In fact, 2018 alone saw 42 separate billion-dollar …

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Around The Globe, Climate Change Fuels Growing Weather Risks

OVERVIEW From Typhoon Jebi to Hurricanes Florence and Michael, along with the wildfires in the U.S., Greece and Australia, 2018’s natural disasters have devastated lives and communities. While some economic losses were insured, a majority were not – underscoring a global protection gap of $135 billion. Beyond the human impact – lives lost and homes …

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