Xceedance warns the insurance industry must prepare for ‘Gray Rhino’ threats
Justin Davies, Head of EMEA at Xceedance, has said the insurance industry must prepare for further ‘gray rhino’ threats – large, highly destructive but predictable events that are often ignored. Writing in Emerging Risks Justin states that the COVID-19 pandemic has been wrongly described by many as a ‘black swan’ event – a surprising catastrophe that…