The risk of critical infrastructure disruption is constantly present today. In addition to climate change and the threat of cyber attacks, the COVID-19 pandemic and the Russia-Ukraine war are recent examples of how infrastructure that [...]
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 [...]
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 [...]
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 [...]
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 [...]
The urgent need to accelerate the development of a resilient and sustainable future energy economy has been highlighted by the impacts on energy supply due to the war in Ukraine. Decarbonization of the energy economy [...]
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 [...]
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 [...]
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 [...]
