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business1d ago
Earth, water, air and fire – the risk frontiers for the London market
- The London market is reassessing risk across earth, water, air, and fire as frontiers evolve.
- Industry leaders are examining how climate, tech, and global links reshape exposure and capacity.
- The piece notes the need for better models and diversification to manage potential losses.
- There is ongoing dialogue about capital adequacy and traditional reinsurance structures.
- Innovative solutions are seen as essential to sustaining the London market’s resilience.
- The article emphasizes collaboration, data integration, and scenario analysis for preparedness.
- Regulatory expectations are cited as a driver for adaptive risk management.
- The discussion points to a proactive approach rather than reactive measures.
- Underwriters and brokers are central to grounding multi-hazard risk conversations.
- The piece points to capacity shifts as a possible outcome of evolving risk frontiers.
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