Last year was demanding for professional lines insurers, grappling with challenges such as inflation and economic uncertainty. As we enter 2024, some of these considerations will persist, while new ones will emerge

There has been a significant reset in the re/insurance sector in how costs of catastrophic risks are shared. This shift, together with improved pricing adequacy, helps the industry send clearer signals to clients and society about the rising cost of evolving risks and how to mitigate them. With volatility persisting, keeping pricing adequacy in focus is crucial

Farm diversification creates new risks that must be carefully managed, so the insurance industry must adapt and coverage that aligns with the evolving needs of modern agricultural businesses

If insurers want to compete in the new AI-driven world, they must adopt data science in the right way, with the correct governance to ensure risks are managed and mitigated 

The frequency of catastrophic aviation losses has slowed in recent years but their severity has increased

For much of the past decade, the ability of reinsurers to sustainably underwrite natural catastrophe risk – and to demonstrate this ability to stakeholders – has been in question and under threat

Blueprint Two is one of the larger programmes most of us will have experienced in our careers and brings the promise of many benefits in terms of improved data quality, reduced costs and increased resilience

This year the focus on generative AI will only intensify – so it is time for a balanced view on the opportunities and risks we face when it comes to using this powerful technology

Secondary perils in the region are becoming more frequent and severe and the historical data is inadequate to assess exposures

An impending election in the UK might introduce risk to ongoing solvency reform and delay the secondary growth that has been promised

Volcanic risks are less frequent than other natural disasters, but their unpredictability poses a unique challenge: should insurers turn to downward counterfactual analysis, learning from near-misses to prevent future catastrophic events?

Generative AI is unlocking improvements in operational and risk decision-making, but it is still early days for the impact that artificial intelligence and automation could have on the industry to be fully known