2021 has completely transformed how we think about risk: Guy Carpenter
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2021 has completely transformed how we think about risk: Guy Carpenter

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Guy Carpenter executives said that the risk landscape has transformed in 2021, making it the year of environmental, social and corporate governance (ESG) and cyber risk, as it noted increased demand from cedants for aggregate cyber covers and warned that the risk of a systemic cyber loss seems inevitable.

“2021 is fast becoming the year of ESG,” said Jessica Turner, managing director of catastrophe advisory.

She added that as of 2020, global sustainable investing topped $35tn, which suggests that investors are looking to put their money in places that...

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