Emerging Risks

Join Insider Engage, in partnership with Verisk, for a free webinar at 10:30 ET/15:30 BT on June 28 as we explore the implications that forever chemicals hold for insurers.

Geopolitical risk is firmly back on the agenda for insurers.

Join our panellists as they bring to life the vision behind this key strategic innovation and explain how this new era data integration has arrived at the perfect time for the property catastrophe market.

Join Insider Engage, in partnership with EY, 10:30 ET/3:30 BST on Thursday, May 25,

The 2023 Allianz Risk Barometer gives insight into the risks organizations are facing in the year ahead and what action companies are taking as they face increased levels of disruption as a result of various factors including digitalization, the war in Ukraine and inflation.

As the world faces an onslaught of perils – from potential food and energy crises to inflation and political instability – much of the blame is being traced back to Ukraine.

How insurers can prepare for unexpected, unmodelled shock losses

The biggest challenge facing insurers today is the need for the industry to come together to collaborate and find solutions for emerging risks, said Chris Sparro, CEO North America, Sompo International Commercial P&C Insurance.

If PFAS, or “forever chemicals,” are the major risk that's currently in litigation, then ubiquitous microplastics are the major risk that's waiting in the wings, said Bob Reville, Co-Founder, President and Chief Executive Officer of Praedicat.

Insurers must always lift their eyes towards the horizon and scan it carefully for emerging risks. The events of the last two years have reminded every insurer of the need to pay careful attention to the future -- pandemics, the impact of climate change, automation, technology and artificial intelligence, and now war in Europe -- all hold potentially devastating implications for insurers.