Reduced market access, regulatory fragmentation, the return of inflation, cloud risk accumulation and emerging liability legislation for artificial intelligence, are some of the key risks identified in this year's Swiss Re SONAR "New emerging risk insights" report.

The publication is based on the SONAR process, a crowdsourcing tool drawing on Swiss Re's unique internal risk management expertise to pick up early signals of what lies beyond the horizon.

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Potential impact on insurance industry

The report offers insights into emerging risks and highlights a number of unique trends. According to Swiss Re, emerging risks are newly developing or evolving risks that are difficult to quantify and sometimes not fully understood, but potentially have an impact on the insurance industry and society. 

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Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].