black swans News

Why People Overestimate the Risk of Black Swan Events

In his 2007 book “The Black Swan: The Impact of the Highly Improbable,” finance writer Nassim Nicholas Taleb attempted to educate the public about the danger of rare, unusual events. This is obviously important in the world of finance — …

World Needs Insurance Industry to Be ‘Bold’ and ‘Sexy’ Now, PLUS Told

It’s time for the insurance industry to be “bold” and “sexy” in creating new insurance products and services to help the world deal with extreme risks that are becoming more common, according to a global authority on managing catastrophes and …