Falling premiums reflect surplus capital rather than lower exposure, PARIMA speakers said, as geopolitical, AI, climate and labour risks combine and compound.
Panellists at PARIMA’s Singapore conference said captives are drawing more interest as fewer risks suit standard cover, but setting one up is hard without the actuaries, claims experts and insurers to...
The measures are part of a broader effort to strengthen supply-chain resilience as geopolitical risks continue to pressure maritime transport and insurance markets.
The trade bodies, whose members represent around US$200bn in gross written premiums, will share evidence on resilience, regulation and extreme weather, alongside emerging risks such as cyber and AI.