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The CRO Forum supports the activities of the Emerging Risk
Initiative. This initiative was launched in 2005 to raise awareness of major
emerging risks relevant to society and the (re)insurance industry. Emerging
risks are risks which may develop or which already exist that are difficult to
quantify and may have a high loss potential. Further, emerging risks are marked
by a high degree of uncertainty; even basic information, which would help
adequately assess the frequency and severity of a given risk, is often lacking.
Examples of such risks include climate change, asbestos liabilities, genetic
engineering and nanotechnology.
The Emerging Risk Iniative is also explicitly supported by the following (re)insurance companies: Chubb
Group, Insurance Australia Group, Royal & Sun Alliance, Scor Group and
TrygVesta.
Publications so
far:
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