The CRO Forum, a professional risk management group, whose members are large insurance and reinsurance companies, has released two position papers today through its Emerging Risks Initiative. The first addresses the risks posed to pension funding by increased longevity. The second suggests a prudent approach to the relatively unknown risks caused by nanomaterials. The longevity paper finds that increased life expectancy will challenge society to provide adequate income to all individuals through old age. Consequently, demand for longevity risk mitigation solutions is growing, and life insurers should play an important role. However, their current capacity to take longevity risk onto their balance sheets is small relative to global longevity risk exposure. Developing solutions to transfer longevity risk to the capital markets can help. All stakeholders will benefit from better awareness of the risk, access to reliable population data to help model and quantify the risk, and regulations which promote a rigorous risk-based capital framework for both insurers and defined benefit pension funds. The second paper finds that nanotechnology has tremendous potential to create new and innovative products. This presents the insurance industry with significant challenges and opportunities. The paper recommends that assessing risk over the life cycle of these nanomaterials should be standard practice for the nanotechnology industry, as well as for their insurers and reinsurers. The paper goes on to recommend that insurers should remain engaged and well-informed about nanotechnology risk and safety standards; environmental, health and safety (EHS) hazards analysis; regulatory alignment and proprietary risk assessment. Emphasis should be given to small and medium sized enterprises regarding workplace safety and loss prevention. Written for insurers, reinsurers, risk managers and regulators, these papers are the latest in a series that aim to raise awareness of emerging risks among key stakeholders while promoting proactive risk management and risk transfer solutions.