This Risk Radar classifies each risk by its nature, determining its time horizon (significant impacts already seen in insurance claims, first significant impacts expected within 1 – 5 years, first significant impacts expected within 5 – 10 years), and its expected impact (small, medium or high).
The CRO Forum is a group of professional risk managers from the (re)insurance industry that focuses on developing and promoting industry best practices in risk management. Made up of Chief Risk Officers from large multinational insurance and reinsurance companies, including SCOR, it aims to represent the members' views on key risk management topics, including emerging risks. The CRO Forum’s Emerging Risks Initiative has published an updated Risk Radar every year since 2005.
This Risk Radar classifies each risk by its nature, determining its time horizon (significant impacts already seen in insurance claims, first significant impacts expected within 1 – 5 years, first significant impacts expected within 5 – 10 years), and its expected impact (small, medium or high).
