Casualty Risk Trends: Manufacturing industry
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The recovery of the oil price and access to non-conventional resources are key drivers of the booming oil industry. Several factors, such as innovative technologies, aged infrastructure, international regulatory changes and scarcity of skilled labor (mainly in the US), are challenges that the industry is being faced with. These circumstances are having a significant impact on the industry’s casualty risk landscape.!
The Manufacturing industry finds itself in a period of substantial change, brought about by new technologies and new adaptations of existing technologies. The industrial internet of things, lithium-ion batteries, 3D printing and 5G networks combine to present manufacturers with both tremendous opportunities and risks not considered before.
Our specialist teams of risk engineers partner with the Swiss Re Institute to ensure our knowledge and expertise of Manufacturing industry remains highly relevant and insightful for our clients and brokers. A tool for reaching this goal are our Casualty Risk Trends report, which aim at supporting your underwriting decisions, helping you to focus on the right risks at the right time.