Bringing together academic researchers and industry experts in modeling, big data, and reinsurance, this initiative aims to advance methods in systemic risk modeling to better inform industry and policymakers on how to build more resilient trade networks in an increasingly volatile world.
This research investigates the roots of supply-chain pressures and their impacts on (re-)insurers. As 80% of global trade is conducted through global shipping lanes and ports, a key focus of this partnership is to understand how multiple, interacting hazards threaten the stability of global maritime trade. It will explore and quantify how rerouting strategies in response to disruptions can give rise to new and unforeseen vulnerabilities and how delays ripple through the interconnected global supply network.