January 25, 2025
The reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 333.42%
The reputation premium-seeking RepuSPX is out-performing the S&P500 Index by 333.42%
Steel City Re is the world’s only provider of parametric reputation insurance offerings, leveraging a reputational value index that delivers more stable and higher returns for reinsurers and insurance-linked securities (ILS) investors, according to co-founder and CEO Nir Kossovsky. […] “So, sustained loss ratios: stable returns, higher returns, and IP-protected extended returns over years,” explained Kossovsky.
Moral hazard has stalled progress in reputation risk insurance, but parametric solutions could help insurers meet growing demand and seize new opportunities. […] The global reputation crisis can help carriers appreciate how parametric technology can accelerate solutions for emerging risks.
New this year, the OCC supervisory plan provides updates for third-party-sourced reputation risk and other external exposures.
Affirming in practice what it disclosed in January, Blackrock “engaged 2,683 times on strategy, purpose and financial resilience-related themes with 2,014 companies — more than any of its other engagement priorities — this proxy year. Given this information, board directors may want to prioritize financial resilience in their own work and in engagement with index funds.” Steel City Re can provide metrics and tools to support innovative strategies for strengthening financial resilience.
Profitable financial loss absorption, differently, with advances in metrology—e.g., synthetic indices for reputation—and parametric technology. A spin by Steel City Re on the whitepaper from The Geneva Association.
Reputation risk management is a battle for the mind of the stakeholder. A range of parametric insurance products linked to reputation value and volatility help authenticate stories about the quality of risk management. It is how risk management and risk communications work together to create value.
Captives are a solution to the lack of innovation. Martin South, president and chief executive officer, Marsh, was being interview by Penny Randall Seach, group chief underwriting officer, Zurich Insurance Company in a Global CEO fireside discussion at AIRMIC called ‘Global forces driving change: a future outlook’ Because the industry is not offering products that address clients’s needs as risks evolve, “some $25 billion of Marsh clients’ premium is now being retained using this form of risk transfer.“ In other news, insurer AXA is reorganizing US operations. Layoffs are expected. Meanwhile, Steel City Re has on offer a remarkably innovative original outcome-based solution to the most complex risk of all. It is a solution insureds have wanted since 2005, and it is backed today by Tokio Marine Kiln.
Podcast. Reputation Spearheads Resilience at a $150bn Financial Services Company. You Don’t Have to Win A Nobel Prize To Benefit From One.
5-Minute Adventures in Risk & Resilience. Southwest Airlines’ reputation crisis helps a risk executive persuade leadership to invest in value-enhancing mission-critical risk management services.