Swiss Re publishes a new list of emerging risks
Swiss Re published, on 13 June 2017, the 2017 edition of its annual study "Sonar". The report identifies some 20 new potential risks classified according to their impact (high, moderate or low) and the probability of their occurrence (short term: between 0 and 3 years, long term: more than three years).
Among emerging risks with a high impact in the short term, the Swiss reinsurer refers to reduced market access, regulatory fragmentation, inflation and the dangers of cloud computing. Emerging risks in the long term include underestimated infectious diseases and growing water stress.
Risks with moderate occurence potential are in the short-term man-made epidemics and cyber-attacks. In the longer term, there are uncertainties for real estate values in the new economy and emerging arificial intelligence legislation.
For risks with low occurrence potential, the study cites, in the short term, money embezzlement and in the long term, the dangers associated with the practice of online video games.
Finally, eroding rationality is one of the hazards the insurance industry would face in the next three years.
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