When Capital Is Flowing, Catastrophe Models Stop Setting Prices
Also, how an insurance lawsuit revealed risk markets’ new Venezuela reality.
Also, how an insurance lawsuit revealed risk markets’ new Venezuela reality.
California has begun enforcing its landmark AI safety law, requiring developers of the most powerful models to publicly disclose how they identify and manage catastrophic risks ranging from mass harm to loss of human control.
A new report warns that wildfire losses are outpacing current risk-management systems, urging a coordinated national effort to move technologies from pilot to scale.
A Lloyd’s-backed insurance lawsuit over Venezuelan crude reveals how modern sovereign risk is increasingly migrating onto insurers’ and investors’ balance sheets.