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 [...]
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. [...]
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) [...]
The CRO Forum welcomes new members
The CRO Forum welcomes SAMPO Group and Vienna Insurance Group (VIG) as new members, as of January 2023. SAMPO [...]
Energy Storage Systems – An Emerging Risk Perspective
The urgent need to accelerate the development of a resilient and sustainable future energy economy has been highlighted by the [...]
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 [...]
PRESS RELEASE NEW CHAIRPERSONS 2023 ELECTED
The CRO Forum is pleased to announce that Peter Giger, Chief Risk Officer of Zurich Insurance Group, is elected Chair [...]
Emerging Risk Initiative – Major Trends and Emerging Risk Radar – 2022 update
The CRO Forum’s Emerging Risk Initiative continually scans the horizon to identify and communicate emerging risks facing the insurance industry [...]
The Internet of Things (IoT) risks from an insurance perspective
The Internet of Things (IoT) is connecting the “virtual” world to physical reality: not only the devices we would normally [...]
Mental Health – The Hidden Crisis
Back in 2019, mental health conditions affected one in ten people worldwide. This was in pre-COVID times: before the global [...]
Mind the Sustainability Gap – Integrating sustainability into insurance risk management
The importance of building resilient infrastructure and promoting inclusive and sustainable industrialisation as well as fostering innovation, is increasingly recognised. [...]
The CRO Forum elects new Vice-Chairperson
Aylin Somersan Coqui was elected as the second Vice-Chair of the CRO Forum during the previous CRO Forum Meeting. Aylin [...]
Emerging Risk Initiative – Major Trends and Emerging Risk Radar – 2021 Update
The CRO Forum’s Emerging Risk Initiative continually scans the horizon to identify and communicate emerging risks facing the insurance industry. [...]
PRESS RELEASE: CRO Forum change in chairmanship
The CRO Forum announces a change in their chairmanship Allegra van Hövell – Patrizi has stepped down as Chair and [...]
The Three Lines Model
Recently, the ‘Three Lines Model’ has come under scrutiny and criticism as to whether it remains fit for purpose for [...]
Imagine all the People – Demographics and social change from an insurance perspective
After many years of constant population growth, the most recent demographic analyses are forecasting a progressive slowdown in population growth, [...]
PRESS RELEASE NEW CHAIRPERSONS 2021
The CRO Forum is pleased to announce that Allegra van Hövell-Patrizi, Chief Risk Officer of Aegon N.V., has been elected [...]
Data Quality in the Insurance sector – Stocktaking and proposed way forward
Although insurance companies have always based their management decisions on information about exposures, risks and customers, the entry into force [...]
Emerging Risk Initiative – Major Trends and Emerging Risk Radar – 2020 update
The CRO Forum’s Emerging Risk Initiative continually scans the horizon to identify and communicate emerging risks facing the insurance industry. [...]
The CRO Forum elects new Vice-Chairperson
Andreas Märkert was elected as the Second Vice-Chairperson of the CRO Forum during the previous CRO Forum meeting. Andreas is [...]
Carbon footprinting methodology for underwriting portfolios
An evolution of climate-related risk metrics for the financial services sector is currently underway. Among other things this evolution will [...]
Medical advances – Risks and opportunities for the (re)insurance industry
Medical advances have significantly improved existing medical practice and will continue do so in the future. Such developments will not [...]
PRESS RELEASE NEW CHAIRPERSONS 2020
The CRO forum is pleased to announce that Frieder Knüpling, Group Chief Risk Officer of SCOR, has been elected CRO [...]
Managing liquidity risk: Industry practices and recommendations for CROs
More than ten years on from the global financial crisis, liquidity risk remains an important theme for the financial services [...]
The CRO Forum elects new Vice-Chair
Date: 11 July 2019 Allegra van Hövell – Patrizi was elected as the second Vice-Chair of the CRO Forum during [...]