Protecting Insurers Risks in Looming Global Crises

The transcript discusses the challenges insurers face in pricing and innovation, particularly in cyber risk. It highlights the entry of non-insurers like hedge funds into the market and the reliance on risk models. The limitations of big data in predicting risks, such as hurricanes, are examined. The discussion also covers agricultural insurance, reinsurance challenges, and the need for innovation in geopolitical risk products.

What factors contribute to the difficulty of the reinsurance business today?

In what ways can innovation in insurance products address the changing landscape of risks?