Over the past five years, on average, Steel City Re’s algorithm has identified approximately five names each week that seemed expensive and potential short-sell opportunities. At the close of markets, on 30 January 2026, Steel City Re’s algorithm identified 22 names. It is an unusually high number, statistically greater than three standard deviations from the mean.
The reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 398.87% 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 3.43 to 14.19%.
As of December 26, 2025, the reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 401.1%
The reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 408.6%. The metrics also enable parametric reputation insurance.
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 2.43% to 20.67%. The spread between the two reputation-based price-only indices, REPUVAR and REPUSPX, is 15.68%. All three indices are outperforming the S&P500. Over its lifetime, the reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 380.09%
We. Communications launches reputation forecast: A board-level framework for managing reputation value and risk for governance and ERM. The new offering combines financial-grade data from Steel City Re, the pioneering advisory firm behind reputation risk insurance, with We.’s full-stack communications intelligence including media monitoring, audience polling, social analytics and AI insights.
Good governance does not shield directors from liability risk nor reputation risk. The former is the hard lesson learned by everyone in the mid 1980’s; the latter is being learned now. The reputations of board members have increasingly become targets in a time of heightened activism and social media activity. Read the article in Directors & Boards to learn what experts say directors should do.
Personal attacks on directors are now a governance weapon – amplified by activists, media, and social platforms. Traditional protections (proxy advisors, board slates, collegiality) are eroding. Reputational harm can drive board turnover, litigation, and long-term career damage. Emerging responses: (1) Hazard pay for directors; (2) Reputation insurance alongside D&O coverage. Oversight of reputational risk is mission-critical. Boards must exercise foresight: how is reputational risk being integrated into risk management, who is responsible, and how is the company mitigating it?
All three reputation arbitrage indices informed by Steel City Re’s reputation value metrics are outperforming the S&P500 this calendar year. 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 -3.18% to 22.7%. The spread between the two reputation-based price-only indices, REPUVAR and REPUSPX, is 23.34%.
Facebook recognized the reputational risk associated with its users’ privacy, and the shareholders homed in on this in their lawsuit. […] “Facebook is in the business of collecting user data, and if its reputation is damaged such that users lose their trust, it has the potential to damage the company’s and its investors’ long-term interest beyond the fines and penalties already paid” […] Mission-critical risks have become intertwined with boards’ fiduciary duties … reputation can be a mission-critical risk for many companies, according to Nir Kossovsky, CEO of Steel City Re, an insurance provider for reputational risk.