
Manufacturing Industry Trends – Casualty Risk Landscape
The manufacturing sector is undergoing a significant period of transformation. Recent developments driven by climate change, supply chain disruptions and rising geopolitical tensions have resulted in the emergence of trends that could considerably impact the casualty insurance risk landscape for the manufacturing sector.
In this publication, we have identified several emerging trends and hot topics related to the sector;
- circular economy
- use of hydrogen as an alternative fuel
- microfactories
- vertical integration
With each of these trends, casualty risk implications have been highlighted along with measures that insureds can take to address each trend.