Emerging markets have been a major driver of global insurance premium growth over the last two decades. In 2016, emerging markets accounted for 20% of global premiums, up from 5% two decades ago. Nevertheless, many individuals and enterprises in emerging markets remain under- or uninsured, and therefore unprotected against external shocks arising from illnesses, natural disasters and accidents. These shocks can have lasting negative consequences for both economic growth and human development.Download
Growth in the global economy was little changed in 2016 from the previous year with real gross domestic product (GDP) up 2.5%. Advanced economies’ GDP remained below the pre-financial crisis average, but was slightly above the annual average of the previous 10 years. Emerging market growth picked up only marginally, and was still far below the 10-year average.Download
Underestimated infectious diseases, growing water stress, the impact of future artificial intelligence legislation, cloud risk accumulation or precision farming: Do you want to know more about these topics?
Welcome to the latest edition of Swiss Re SONAR, our update of the
emerging risk landscape.
Although 3D printing sounds like something out of science fiction, it's increasingly part of our daily lives. Thanks to the exponential growth of this technology, almost anything you might want can be made ready to order. Already we've seen 3D printers create medical devices, cosmetics, toys, even food!Learn more
In today's global economy, companies rely less on tangible properties for their continued operations and become more dependent on complex, world-wide supply chains. In addition, regulatory, reputational, cyber and other fortuitous risks threaten the long-term outlook of businesses.View
Design, engineering, and construction have a multitude of project risks. Most of these are identified, well-defined, and, hopefully, allocated to the party most capable of managing the risk. However cyber intrusion and its potential impact on your business – or your project owner's business – is probably the least appreciated of all construction risks, and it has no clear path to risk allocation or management.Learn more
In today's global economy, companies rely less on tangible properties for their continued operations and become more dependent on complex, world-wide supply chains. In addition, regulatory, reputational, cyber and other fortuitous risks threaten the long-term outlook of businesses. Unfortunately, traditional property damage and business interruption (PD/BI) policies do not necessarily protect corporations from all of the risks that may lead to a business interruption loss.Learn more
Risk management is not just about managing risks in the present.
It is about anticipating future risks – and risks are emerging everywhere. Foresight information is key to enable fast, yet high-quality
Smart analytics is an area of innovation that will drive both evolutionary and transformational changes in knowledge
economies. At Swiss Re, we have already begun to build analytics capabilities that help us to improve the efficiency of our operations and deepen our client, market and risk insights. With smart analytics from Swiss Re, our clients will be able to better understand their own
portfolios and risk landscapes and so be able to optimise the selection and pricing of risks.