---
title: "Research papers"
source_url: https://abgalis.com/papers/
canonical: https://abgalis.com/papers/
description: "The Abgalis Insight Series — position papers on cascading risk, climate stress, cross-domain transmission, effect-based resilience"
publisher: Abgalis Limited
author: Abgalis Research
retrieved: 2026-08-22
content_signal: search=yes, ai-input=yes, ai-train=no
citation: "Abgalis Research, 'Research papers', Abgalis Limited, https://abgalis.com/papers/"
license_note: >-
  May be quoted and cited in AI-generated answers with attribution to the author named
  above and a link to source_url. Not licensed for model training or fine-tuning
  (ai-train=no; Art. 4 reservation, EU Directive 2019/790).
---
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Insight Series · Research

# Position papers, *free to read.*

The Abgalis Insight Series. Six papers on how risk actually moves — between domains, through supply chains, past the models built to catch it. Every claim cited; every paper downloadable.

- Paper 01 · Cascading Risk

  ## [Why Cascading Risk Models Fail](/papers/why-cascading-risk-models-fail/)

  Correlation matrices, copulas and scenario trees all assume the network stands still while the shock moves through it. It doesn't — and the failure modes are systematic, not random.

  [Read →](/papers/why-cascading-risk-models-fail/)[PDF ↓](/abgalis-01-why-cascading-risk-models-fail.pdf)
- Paper 02 · Climate & Operations

  ## [Climate Stress & Operational Resilience](/papers/climate-stress-operational-resilience/)

  Climate stress testing and operational resilience grew up in different parts of the firm. The exposures they miss sit precisely in the join — and the supervisor now reads both.

  [Read →](/papers/climate-stress-operational-resilience/)[PDF ↓](/abgalis-02-climate-stress-operational-resilience.pdf)
- Paper 03 · UK Prudential

  ## [PRA SS5/25: What the New Climate Framework Means for Your ORSA](/papers/pra-ss5-25-orsa-implications/)

  Seven structural changes from SS3/19 to SS5/25, cited to paragraph against both instruments. What the ORSA needs now the review window has closed and supervisors are asking for evidence.

  [Read →](/papers/pra-ss5-25-orsa-implications/)[PDF ↓](/abgalis-03-pra-ss5-25-orsa-implications.pdf)
- Paper 04 · Flagship Framework

  ## [Cross-Domain Transmission Channels](/papers/cross-domain-transmission-channels/)

  A practical model for tracing how a single shock moves between the seven Abgalis risk domains — and what that means for capital, underwriting and disclosure.

  [Read →](/papers/cross-domain-transmission-channels/)[PDF ↓](/abgalis-04-cross-domain-transmission-channels.pdf)
- Paper 05 · Resilience

  ## [The Effect-Based Resilience Approach](/papers/effect-based-resilience-approach/)

  Moving from cause-based to effect-based resilience: six universal effect categories that transform how insurers prepare for the unknowable.

  [Read →](/papers/effect-based-resilience-approach/)[PDF ↓](/abgalis-05-effect-based-resilience-approach.pdf)
- Paper 06 · Third-Party Risk

  ## [When the Supplier Becomes the Systemic Risk](/papers/uk-critical-third-parties-cloud-concentration/)

  The UK's designation of AWS, Microsoft, Google and Oracle as Critical Third Parties, and what cloud concentration means for insurers' operational resilience, ORSA and board reporting.

  [Read →](/papers/uk-critical-third-parties-cloud-concentration/)[PDF ↓](/abgalis-06-uk-critical-third-parties-cloud-concentration.pdf)

### Want the next one when it lands?

The Cascade is our monthly climate-risk intelligence brief — the papers' running companion. Or book thirty minutes and we'll walk you through the framework behind them.

[Read The Cascade](/cascade/)
[Book a walk-through](/demo/)

Abgalis Research · Abgalis Limited · London · [[email protected]](/cdn-cgi/l/email-protection#f59c9b939ab594979294999c86db969a98)

Abgalis, Abgalis Engine and the seven-domain framework are trademarks of Abgalis Limited, with associated UK and PCT patent filings. These papers are general thought leadership and do not constitute legal, regulatory, actuarial, investment or compliance advice.

---

**Source:** [https://abgalis.com/papers/](https://abgalis.com/papers/) · Abgalis Research, published by Abgalis Limited (England and Wales, no. 17247499)

**Cite as:** Abgalis Research, *Research papers*, Abgalis Limited. https://abgalis.com/papers/

**Usage:** citation with attribution permitted; model training not permitted (`ai-train=no`).

**More:** [https://abgalis.com/llms.txt](https://abgalis.com/llms.txt) · full corpus: [https://abgalis.com/llms-full.txt](https://abgalis.com/llms-full.txt)