CROF ERI 2017 - Autonomous Machines Position Paper Autonomous machines increasingly feature in business’s and people’s everyday lives. With exponential advances expected in the next few years in artificial intelligence, robotics and data-supporting infrastructure, autonomous [...]
The CRO Forum’s Emerging Risk Initiative is committed to continuously improve risk management and identify emerging risks within the insurance industry. The Emerging Risk Initiative identified the current emerging risk which are expected to have [...]
The world is about to embark on a fourth industrial revolution, propelled by innovative technologies termed as the “Smart Factory.” The real world will be turned into a huge information system bringing about a new [...]
Pushing the limits - Managing risk in a faster taller, bigger world Our world is moving into unprecedented technological dimensions, with new records being set almost every day. High-speed trains are getting ever faster, buildings [...]
Food risk, whether food insecurity or unsafe food, has wide ramifications for society and businesses, exposing risk managers and insurers both directly and indirectly to a large number of risks. Different areas of business and [...]
The Emerging Risks Initiative of the Chief Risk Officers Forum is pleased to announce the publication of a new position paper called Critical Information Infrastructure. In industrialised societies, computers are interconnected to form a complex [...]
The Chief Risk Officer (CRO) Forum's Emerging Risk Initiative is committed to continuously improving risk management. This paper advocates as best practice a process whereby insurers and reinsurers re-examine their assumptions about frequency, severity, loss trends and how the risks in their portfolios are interconnected and generally stress test their internal processes for hitherto "unthinkable" dimensions of risks. The paper seeks to address rating agencies, analysts, governments, regulators, intermediaries and risk modelling firms alike. This study is non-binding and for reference purposes only.
