Many of our listeners will be familiar with Black Swan events - rare occurrences that have significant, often unforeseen consequences - yet fewer will be aware of Grey Rhinos. Like a large, lumbering rhino charging towards us, these are highly probable threats that we can see coming, but choose to ignore. So how can we communicate risk more accurately? Are there ways to improve our powers of predictability to mitigate the associated risks?

In this week’s podcast, we discuss Grey Rhinos with our special guest Jerry Smith from CHC Global. We discuss the UK inquiry into Covid-19, pandemics, insurance, the psychology of risk, short-termism, probabilistic thinking, black jellyfish events and the climate crisis. Finally, we nominate some of our own Grey Rhino events.

A few things we mentioned in this podcast:

- Healthcare Capacity, Health Expenditure, and Civil Society as Predictors of COVID-19 Case Fatalities: A Global Analysis https://www.frontiersin.org/articles/10.3389/fpubh.2020.00347/full - The Animals in the Jungle of Risk https://www.linkedin.com/pulse/animals-jungle-risk-aminath-shaeera-cpa-irmcert/

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