Welcome to the latest edition of the WTW Research Network Newsletter.
Every year it gives us great pleasure to produce the WTW Research Network Annual Review – showcasing a selection of projects we have underway with our partners. The recently published 2022 Annual Review is our most comprehensive yet, and also our most diverse, reflecting the increasing range that dominates the agenda. Covering research across our Natural Catastrophe, People, Technology and Emerging Risks hubs, this year’s publication also demonstrates cross-hub programmes of research focused on specific industry sectors and organizational resilience.
The impact of climate change continues to be a fundamental area of work for the WTW Research Network. The 2022 brochure demonstrates how research is helping to understand the physical risks associated with climate change. Recent events in Afghanistan also underline the importance of a better understanding around earth risk. In this newsletter we are delighted to note recent work from partners at Temblor that has helped increase the understanding of aftershock events, and also feature work exploring the links between climate change and volcanic risk.
We are also delighted to announce that the 2022 WTW TMT Futures Report - Workforce Transformation and the Digital Talent Crisis is now live. Based on research undertaken by the Wharton Mack Institute, and following the launch of the TMT Futures Report in 2021, this report dives further into the specific risk issues related to the digital talent crisis by combining interviews with senior executives across industry with original thought leadership.
As always, we hope that you find the WTW Research Network newsletter a useful summary of key areas of interest for our community. Please do get in touch with any queries or comments.
01
The WTW Research Network is an award-winning collaboration supporting and influencing science to improve the understanding and quantification of risk, with the aim to improve the resilience of our clients and society as a whole.
02
In a study published in Nature Geoscience in June, Temblor scientists discovered that megathrust (M≥9) earthquakes fundamentally alter seismic hazard in the ensuing decades to centuries.
03
This report led by our Technology, Media and Telecommunications team examines the corporate practices shaping the workforce of the future, identifies priorities for the global talent race, and examines people-related rewards, protection, and benefits.
04
It is becoming clearer that physical climate hazards are increasing in frequency and severity, coinciding with increasing exposure of populations to such threats.
05
As the Covid-19 crisis revealed hidden interconnections, it reinvigorated the debate around the need for “whole of society” approaches to risk and resilience.
06
The links between climate and volcanism are definitive, but the how, when and where is an area still under investigation.
07
This year the WTW Research Network continued their long-standing partnership with National University of Singapore (NUS) Tropical Marine Science Institute (TMSI).
08
Research suggests that future-prepared firms – who have invested in building corporate foresight units – outperform the average by a 33% higher profitability and by a 200% higher growth.
09
New PhD study uncovers what influence the use of property loss prevention technology has on property insurance pricing.
Megathrust earthquakes impact surrounding seismicity for centuries
The London Market and The Science of Storms
NCAR Explorer Series: A New Era of Extreme Weather Impacts
