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XL Catlin Q3-2017 report identifies key factors for emerging risks

Global insurance company XL Catlin issued their Q3 2017 October report, Emerging risks we’re watching and why, which highlights key factors in emerging risks presented by new state medical marijuana laws in the U.S. and the ongoing North American opioid epidemic.

Of particular note is the marked reduction of the North American workforce as a result of the opioid epidemic. The Federal Reserve has cited the epidemic as one factor negatively affecting the U.S. economy, as workers of “prime age” (mostly men) are either unable or unwilling to find work, and those who have found work but find themselves dependent upon opioids threaten the bottom lines of the companies that employ them.

According to a related study by Catlin [1]:

The entire report can be found here [2].