Impact on Risk Management

The global insurance industry, reacting to large losses from natural hazards, has realized reinsurance capacity limits and is reengineering the underwriting of exposed areas. This has a direct influence on risk management such as exclusions of coverage, higher deductibles,increased premiums and lower limits of coverage

Risk Management Service

Marsh Risk Consulting (MRC) has long been providing both traditional and innovative solutions to industry problems with natural hazards. Our specialty models deal with a broad range of facilities ranging from transmission and distribution systems to offshore platforms, but we do more than just generate loss estimates. Our financial models have application in risk transfer, risk hedging, risk-based asset management, and more. Other uses include:

• Acquisitions
• Building improvements
• Business continuation planning
• Insurance purchases
• Site selection