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Emerging Risk Initiative – Major Trends and Emerging Risk Radar 2023

The CRO Forum’s Emerging Risk Initiative continually scans the horizon to identify and communicate emerging risks facing the insurance industry which are expected to have a significant impact on the insurance sector within 1 to [...]

2024-03-18T08:36:11+00:00July 31st, 2023|

Ransomware Threats, Countermeasures and Trends within the Insurance Industry

The paper provides a view for re(insurance) organisations on the risks associated with ransomware, providing insights specific to the insurance industry. The paper discusses ransomware trends, regulatory developments and the threat profile for insurers, it [...]

2023-03-17T09:25:07+00:00March 17th, 2023|

Embedding digitalization into Governance, Risk Management and Compliance activities

  Increased digitalization in society is leading to increased digitalization in the insurance industry impacting distribution, product design, underwriting and operations. This changing landscape also requires that Governance, Risk Management and Compliance (GRC) activities across [...]

2023-07-31T11:49:47+00:00March 14th, 2023|

ORSA Stress and Scenario Testing – Best practice for assessing risks

In 2013 the CRO Forum published a paper on Scenario Analysis that provided principles that could be used by re(insurance) practitioners to develop an appropriate set of scenarios and stress tests within their risk management [...]

2023-03-14T14:52:48+00:00February 10th, 2023|

A new perspective on pandemics: Covid-19 insurance impacts and challenges.

In 2007 the CRO Forum published a paper on “Influenza Pandemics” that provided a consolidated view of the potential impact of a Spanish Flu-like scenario on insurance undertakings. The authors also identified steps toward better [...]

2023-01-24T15:14:17+00:00October 28th, 2022|
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