“Understanding risks is a journey, not a destination,” notes the introduction to a recent issue of Verisk Perspectives, “Nowhere is this more obvious than in the world of emerging risk analysis where researchers seek to identify new risks and learn how old ones may evolve.”
The report, published by ISO Emerging Issues, provides insight into four topics that experts across Verisk have been following: climate change, cybersecurity, 5G technology, and cannabis. Among the 15 issues discussed are:
- Climate Change: Transition Risks
- Sea Level Change: Examining Hot Spots and Their Potential Implications for Insurance and Society
- Could NotPetya’s Tail Be Growing?
- Cyber Risks Loom Large in an Interconnected World
AIR’s Director of Climate Change Research, Peter Sousounis, Ph.D., co-authored “Polar Vortex Splits Causing Major Disruptions” with Judah Cohen, Ph.D., Director, Seasonal Forecasting, at AIR’s sister company Atmospheric and Environmental Research (AER). This article looks at how, in the last several winters, the polar vortex split has brought arctic temperatures and treacherous conditions.
AIR Research Associate Alastair Clarke contributed “Where Climate Change and Natech Risk Meet.” His article discusses casualty liability from natural disasters and how Arium’s software considers an event’s liability footprint as well as other mechanisms to allocate loss.