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.
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.
Understanding effective disaster preparedness, and how to navigate insurance claims following a disaster, has never been more critical, says Beau Bishop of Charles Taylor.
Rising tariffs create hidden insurance risks for U.S. importers, requiring updated cargo coverage strategies in an increasingly complex global supply chain environment.