Emerging Risks
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Chaucer and Armilla launch AI liability product
UK-based specialty insurer Chaucer has launched an insurance product to address third-party liability risks triggered by the underperformance of AI…
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Global economy faces $2.4trn loss from extreme space weather event
The threat of a hypothetical solar storm and other extreme space weather events could bring losses of more than $9trn…
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Future of EU’s AI Liability Directive embroiled in further uncertainty
A European Parliament committee said it wants Europe to pursue liability rules for artificial intelligence technology after the European Commission…
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Germany’s BaFin takes ‘close look’ at climate risks
Germany’s financial sector regulator has warned banks and insurers that it will take a closer look at how physical risks…
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Lloyd’s warns of huge cost of next pandemic
Lloyd’s has published its latest systemic risk scenario, which finds the global economy could be exposed to potential losses of…
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Most European coastal waters and rivers breach PFAS thresholds
Most of Europe’s rivers and coastal waters, as well as a large volume of lakes, are polluted with at least…
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AI requires human touch to fulfil risk management promise
AI offers huge opportunity for risk management but is just another tool with limitations, so risk professional must question its…
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ART can help blend risk transfer solutions as insurers stick to silos
The insurance industry must start thinking about risks more holistically and back alterative risk transfer (ART) solutions that can help…
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Captives no magic wand for French risk managers
French companies considering setting up captives as an alternative for risks in which insurers have shown little, if any, appetite,…
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Four in five business leaders not confident in ability to manage emerging risk
Only 20% of key business decision makers and their teams think their organisation will be able to respond adequately to…
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Law firm lays ground for UK’s first PFAS legal claim
A UK law firm has confirmed that it is considering bringing the first PFAS-related legal claim in the country. Leigh…
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Europe’s insurers will move to clarify cover for AI risks
Insurance is widely thought to provide ‘silent’ cover for losses related to artificial intelligence at present, but insurers will most…
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Solutions to emerging risks must be sustainable, says AXA XL’s Veyry
Today’s changing risk landscape presents insurers with growth opportunities, but solutions for emerging risks will need to be sustainable, according…
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Risk Frontiers Benelux 2025
AI and its impact on the risk and insurance community has become a hot topic in recent times and will…
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Verisk models PFAS liability losses at €10bn-€24bn in Germany, France and Belgium
PFAS environmental-related liability losses across Germany, France and Belgium could total between €10bn and €24bn, according to a joint report…
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Allianz Commercial says insurers can do better job on emerging risks
The insurance industry can do a much better job to help companies deal with the evolving risk landscape, a leading…
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Buyer concern mounts over uninsurable risk as cover recedes
There is growing concern among insurance buyers that risks will become uninsurable as they report deterioration in cover for many…
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Insurers must innovate or see business shrink in softening market
A leading broker has urged insurers to refocus on innovation and better solutions as the market begins to soften, or…
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Asian construction firms need more risk leaders to tackle emerging threats
Asian risk managers need to “reposition” themselves as risk leaders to help organisations manage the mounting number of emerging risks,…
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Spanish risk managers urge caution over AI
After the hype over the past couple of years, Spanish companies are now assessing the real opportunities created by new…