Kathmandu. AI, digital transformation, regulatory change and climate risk have emerged as top risks for insurance managers across five continents and 28 jurisdictions. <\/p>\n
The eighth edition of Global Insurance Law Connect’s 2026 Risk Radar report, published on June 18, highlights the growing influence of AI in the insurance sector. That’s because insurance companies, insurance brokers, and their advisors are considering both the opportunities and risks that rapid technological change will bring. <\/p>\n
According to the report, AI, automation, cyber risk, and changing distribution models are reshaping underwriting, claims handling, governance, and customer interactions. They are creating new legal, operational and regulatory ideas for insurers worldwide. <\/p>\n
The report highlights the issues that will shape the insurance sector in 2026. AI, digital transformation, regulatory change, and climate risk are emerging as key market themes. <\/p>\n
The report highlights the following: <\/strong><\/span><\/p>\n }<\/p>\n Regulatory demands are becoming urgent and practical in many areas, with increasing scrutiny of operational flexibility, governance, behavior and customer protection. <\/p>\n Persistent climate-related damages are also putting pressure on pricing, reinsurance and product design. This raises long-term questions about insurability and affordability. <\/p>\n Gillian Davidson, President of Global Insurance Law Connect, said: “The complex and complex intrusion that AI is making into this space clearly presents both opportunities and risks and is now one of the key issues being discussed by insurers, regulators and advisors around the world. “Regulatory demands are becoming more urgent and realistic,” he said, “while persistent climate-related damages continue to challenge long-term insurance and affordability.” \u2019<\/p>\n Not surprising, according to Davidson. “It’s clear that insurance companies in the sectors we operate are facing similar challenges,” he said, adding that these issues require quick, thoughtful, cross-border thinking, which the GILC network is well positioned to support. \u2014Agency<\/p>\n","protected":false},"excerpt":{"rendered":" Kathmandu. AI, digital transformation, regulatory change and climate risk have emerged as top risks for insurance managers across five continents and 28 jurisdictions. The eighth edition of Global Insurance Law Connect’s 2026 Risk Radar report, published on June 18, highlights the growing influence of AI in the insurance sector. That’s because insurance companies, insurance brokers, […]<\/p>\n","protected":false},"author":16,"featured_media":302968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159],"tags":[],"class_list":["post-304262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/304262","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=304262"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/304262\/revisions"}],"predecessor-version":[{"id":304263,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/304262\/revisions\/304263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/302968"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=304262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=304262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=304262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}