The Internet of Things (IoT) is connecting the “virtual” world to physical reality: not only the devices we would normally associate with accessing the Internet, but also machines, vehicles, and industrial plants of all kinds [...]
Back in 2019, mental health conditions affected one in ten people worldwide. This was in pre-COVID times: before the global health crisis, the successive lockdowns, the isolation, the economic hardship, the uncertainty and anxiety about [...]
The importance of building resilient infrastructure and promoting inclusive and sustainable industrialisation as well as fostering innovation, is increasingly recognised. The role of the insurance industry in facilitating the proper functioning of the economy, as [...]
The CRO Forum’s Emerging Risk Initiative continually scans the horizon to identify and communicate emerging risks facing the insurance industry. The Emerging Risk Initiative identified the current major trends and emerging risks which are expected [...]
Recently, the ‘Three Lines Model’ has come under scrutiny and criticism as to whether it remains fit for purpose for financial institutions, against the background of today’s business environment and risk landscape. New technologies such [...]
After many years of constant population growth, the most recent demographic analyses are forecasting a progressive slowdown in population growth, with differing impacts across countries. A reduced birth rate coupled with increased longevity will lead [...]
Although insurance companies have always based their management decisions on information about exposures, risks and customers, the entry into force of Solvency II in 2016 represented a key incentive to progress from informal data quality [...]
The CRO Forum’s Emerging Risk Initiative continually scans the horizon to identify and communicate emerging risks facing the insurance industry. The Emerging Risk Initiative identified the current major trends and emerging risks which are expected [...]
An evolution of climate-related risk metrics for the financial services sector is currently underway. Among other things this evolution will help insurers to work towards understanding the challenges and eventually disclosing the carbon intensity of [...]
Medical advances have significantly improved existing medical practice and will continue do so in the future. Such developments will not only bring benefits for clinicians and patients, but also opportunities and challenges for insurers adapting [...]
