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 [...]
Since the birth of the Bitcoin cryptocurrency, over the last few years hype has surrounded Distributed Ledger Technology (DLT) and especially blockchain. These technologies have not yet delivered on promises, but experts believe that DLT [...]
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 risk which are expected [...]
Insurers are developing and deploying increasingly complex Big Data tools, first for post-sales purposes such as claims handling and customer service, but also potentially for sales, pricing and underwriting. These Big Data and AI tools [...]
The science behind global warming and the role of greenhouse gases is clear. However, the future is difficult to predict given the wide range of potential outcomes associated with the many variables and varying emissions [...]
In a world increasingly subject to digitalisation and the use of technology, an ineffective IT strategy and failing IT are amongst the most significant risks facing the boards of most organisations. The purpose of this [...]
The CRO Forum’s Emerging Risk Initiative continually scans the horizon to identify emerging risks facing the insurance industry. In this refresh not only have we updated and added to the emerging risk radar, we have [...]
Regulators are taking a heightened interest in organizations’ risk management and underlying cultures, with the spotlight shifting somewhat from banks to insurers. Organizations with mature risk cultures are more likely to make decisions that [...]
