Kathmandu. Climate-related losses and AI-driven misinformation are already putting pressure on the world’s insurance industry. Traditional risk models are no longer enough for insurers facing growing disruptions from climate change, AI, geopolitical instability and social fragmentation, according to a new report by Sialant, the research arm of global data. <\/p>\n
In ‘Navigating Liquid Risk: Rethinking Insurance for a World of Disruption’, Salant has introduced ‘liquid risk’ as a new framework. It sees the risks as fast-paced, interrelated, and increasingly unobservable. <\/p>\n
According to the report, traditional systems built for a stable environment are unable to be put in place. Which forces insurers to adopt adaptive operations in real time. <\/p>\n
Fabio Sarico, a senior insurance analyst at Celet, said that the foundation of insurance, the faith, the pressure on such a world. “Where facts are often disputed,” he said. <\/p>\n
Fabio said the risk was now crossing the territory and the border. “This makes it difficult to predict and manage using traditional tools,” he said. <\/p>\n
The report highlights how climate-related harms and AI-driven misinformation are already putting pressure on the industry. It calls for a rethink of cloud native, event-driven systems and product design. So that persistent and systemic risks can be better addressed. <\/p>\n
Sarico said the change was not only about digital transformation, but it would also be relevant in a world where instability is common.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Climate-related losses and AI-driven misinformation are already putting pressure on the world’s insurance industry. Traditional risk models are no longer enough for insurers facing growing disruptions from climate change, AI, geopolitical instability and social fragmentation, according to a new report by Sialant, the research arm of global data. In ‘Navigating Liquid Risk: Rethinking Insurance […]<\/p>\n","protected":false},"author":16,"featured_media":263677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45044,45159],"tags":[],"class_list":["post-263679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/263679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=263679"}],"version-history":[{"count":0,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/263679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/263677"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=263679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=263679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=263679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}