FANews
FANews
RELATED CATEGORIES

Swiss Re Institute's 2019 SONAR report examines new and "slowburner" emerging risks like the public health implications of climate change

22 May 2019 Swiss Re

• Swiss Re Institute's annual SONAR report features 15 emerging risk themes and 5 emerging trend spotlights the re/insurance industry needs to have on its radar
• Digital technology's clash with legacy infrastructure, new risks emerging from the spread of 5G mobile networks, increasingly limited fiscal and monetary policy flexibility, and genetic testing and its implications for the insurance industry are challenges with potentially high impact
• While Swiss Re has been monitoring emerging risk related to climate change since 1989, the 2019 SONAR report highlights expected but still uncertain effects on public health and the insurance sector
• Other risks and trends presented in the report range from increased global vaccine hesitancy to geographically shifting markets
• The yearly SONAR report aims to initiate an informed dialogue about the future risk landscape that might lie ahead

Digital technology's clash with legacy hardware, new risks emerging from the spread of 5G mobile networks, increasingly limited fiscal and monetary policy flexibility, and genetic testing and its effects on the insurance industry, as well as the effects of climate change on public health are some of the key risks identified in this year's Swiss Re Institute SONAR report published today. The publication is based on the SONAR process to pick up early signals of what lies beyond the horizon.

The identified risks are relevant to life and non-life insurance areas, asset management as well as operations and insurance market conditions. They are presented with the goal of helping industry players prepare for new scenarios by adapting their behaviour, market conduct and product portfolios.

Click here to read more....

Quick Polls

QUESTION

The Financial Sector Conduct Authority (FSCA) released a notice extending the CPD cycle for 2018 until 31 July 2019. What is your opinion on this?

ANSWER

I am relieved as it means that I have more time to catch up on those CPD hours and activities
Why should individuals be given more time when they had 12 months to comply
Instead of waiting for the last minute, I proactively implemented the necessary actions timeously and effectively
The regulator’s actions are questionable
A E fanews magazine
FAnews April 2019 Get the latest issue of FAnews

This month's headlines

Differences aside… in the name of fairness
Advice… now more important than ever
COFI… is this a reason to be positive?
Cyber cover: One size does not fit all
The need for member education
Subscribe now