Nearly 60% of companies expect negative financial impact from Trump trade policies, matching losses from Ukraine conflict as political risk reaches enterprise-level concern, Willis finds.
Although mental health claims make up less than 2% of workers’ comp cases, they can triple claim duration, but early behavioral health intervention offers a powerful solution, dramatically improving recovery timelines and return-to-work outcomes.
As P&C insurers shift toward “predict and prevent” models, fee-based risk management services could more than double revenue by 2030, transforming traditional business approaches, Deloitte says.
Both executives demonstrate how risk professionals have become driving forces behind business resilience and innovation in their respective industries.
Rising exposure values, climate change, and urbanization drive continued growth in catastrophe costs as insurance industry prepares for potential record-breaking loss scenarios: Swiss Re.
Deloitte report reveals how multimodal AI technologies across text, audio, video and IoT data are transforming fraud detection in the P&C sector, where 10% of claims are fraudulent.
P&C insurers projected to maintain 10% ROE through 2026 despite slowing premium growth, tariff-driven auto parts inflation, catastrophe losses, and ongoing reserve challenges: Swiss Re.