Risk management doesn’t just apply to insurance or investing. It is necessary in anything from managing your health (should I eat that fried Twinkie?) to managing supply chains (do we need a backup supplier?). Today I am going to discuss how risk management can help you win your fantasy football Continue Reading
Industry Cat Loads Are Still Not High Enough
Verisk recently released their updated estimates of industry cat risk. Amazingly, average annual loss (AAL) surpassed $150B, up from $100B just four years ago. Similarly, the 1 in 100 aggregate loss (PML) grew to $400B from $300B four years ago. These are stunning rates of growth beyond what we have Continue Reading
Is Private Equity Buying Into Peak NFL?
Editor’s Note: My annual NFL predictions follow at the end of this article. The NFL recently confirmed that they will let private equity buy small stakes in NFL teams. This caused much consternation that private equity will somehow ruin the NFL. Today, I will argue the opposite. Buying into the Continue Reading