Risk managers at an industry conference were warned of a growing disconnect between global risk and mitigation efforts by a reinsurance firm executive.
Swiss Re reported that Agostino Galvagni, head of the firm's Global and Large Risk divisions, briefed participants at the Risk and Insurance Management Society annual convention in New Orleans on the findings of a Swiss Re report, “Global Risks 2007,” delivered at the World Economic Forum in Davos, Switzerland earlier this year.
According to the company report of his remarks, Mr. Galvagni noted that many of the 23 core global risks explored in the report have worsened over the last year.
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