”The reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 393.55%.”
Steel City Re’s reputation metrics help demonstrate effective risk management and dutiful governance over mission-critical ESG.
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Reputation Arbitrage October 2022. The reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 384.39%. The trailing twelve month spreads over the S&P500 of the three reputation-linked indices comprising RepuStars Variety Corporate Reputation Composite Equity Index family range from 1.09% to 3.19%. The trailing twelve month return spread between the two reputation-based price-only indices, REPUVAR and REPUSPX, is at a low of 2.1%. All three indices are outperforming the S&P500 this calendar year.
Pay by ESG Performance Metrics. While environmental, social and corporate governance (ESG)-linked pay and bonuses are increasingly popular in big businesses, the concept found a lack of support among two recent visitors to Intelligent Insurer’s hub for debate and discussion: Nir Kossovsky, head of Steel City Re, an insurance intermediary and risk advisor for reputation and ESG linked reputation risk; and GCY Associates’ founder Gerald Chen-Young, who specialises in institutional investment management, consulting and advice, and has worked with several boards on ESG issues.
DEI – Diversity Equity and Inclusion Disappointment Risk “Really, what is needed is what we’re calling ESG-linked reputation insurance,” Kossovsky said. “ESG is all about setting expectations for better environmental stewardship, better social justice, more dutiful governance. The risk arises from some failure to understand stakeholder expectations — the failure to set those expectations, and …
Silver Bullet for Increasing Risk Velocity and Complexity. During the first six months of 2022, risk velocity and complexity grew, according to a new report from Origami Risk […] Firms need […] to assess, prioritize and develop tactical risk mitigation plans — such as a reputation risk leadership committee — under an overarching strategic plan …
Ethics Compliance Management Governance. An effective management process for [ethics, compliance, ESG risk, reputation risk…] creates value with regulators. An effective governance process creates value with investors and the courts. Auditors’ reports on controls are how boards can signal to regulators that their management processes are effective. Reputation and ESG insurances are how boards can …
Surging Demand for ESG Risk Insurance. Demand for environmental, social and corporate governance (ESG)-reputational risk insurance is surging, but, according to Nir Kossovsky (pictured), chief executive officer of Steel City Re, there is a lack of capital available. Parametric ESG-linked reputation insurance is as vital today as D&O insurance. Click on the image above to …
