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Welcome to the First Annual Emerging Risks Issue
From now on, our "RIMS issue" will be devoted to giving risk managers a hint of the most dangerous risks on the horizon.
Our cover story package reveals our 2011 list and in-depth analysis of the 10 most dangerous emerging risks. Taking creative license, we presented the material with a theoretical scenario followed by enterprise reporting and analysis.
Our interviews of commercial insurers, brokers and risk consultants confirmed that carriers and risk managers are working on strategies to mitigate these potential risks. In case anyone needed reminding of the unanticipated outcomes from the cascading of known risks, think about the recent disaster in Japan. That's not to say the Japanese could have done more to prevent the widespread devastation from a magnitude 9.0 earthquake and the subsequent towering tsunami that crashed ashore. When you add the radiation release from the damaged nuclear reactors, this sequence surely must fall into the low-probability, unthinkable category ... or must it? This tragedy proves events thought to be unlikely in our lifetimes need to be given serious attention and prudent risk management. We are committed to keeping the spotlight on the next wave of risks, so we plan to report a new list of emerging risks every year before the Risk and Insurance Management Society's annual conference. We welcome reader feedback on our emerging risks coverage. Paul Bomberger Editor-in-Chief May 1, 2011 Copyright 2011© LRP Publications |
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Entire contents copyright © 2013 Risk and Insurance® All rights reserved.
May not be reproduced in any form without written permission.
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