The release of the report is expected in a few days, Reuters says.Īnd so, while Canadian Underwriter expects that most organizations would probably rank the risk of an alien invasion very low - if not the lowest - on their Enterprise Risk Management (ERM) risk priority maps, curiosity abounds about how risk managers might assess the risk, and whether it might be transferred to an insurance policy.Ĭanadian Underwriter contacted Lance Ewing, a former Risk and Insurance Management Society (RIMS) president, to ask about how a risk manager might handle the risk of an alien invasion. intelligence officials and the Pentagon to prepare a report on UAPs to U.S. The issue of alien encounters came to light again this week, when Reuters reported that the green pyramids and other sightings have prompted U.S. Imagine if a risk manager was similarly prepared for any loss or damage arising from encounters with intergalactic visitors to Earth. The organization received a $140-million insurance payment for the loss. And yet here we are, more than a year later, still working from home and waiting for vaccines so that we can see each other again without fear of killing one another.Īpocryphal stories suggest a risk manager for Wimbledon had to defend an annual $2-million premium expenditure for pandemic insurance coverage for 20 years – until COVID-19 hit, and then the historic tennis tournament was cancelled. But so was the idea of a global pandemic. Of course, the risk of damage caused by an alien encounter seems far-fetched.
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