Insurance has to assess and manage emerging risks. Undertsanding emerging risks includes understanding the social construction of risk: for example, the ermgence of a disease or illness as a social process, not only as an epidemiological phenomenon. The social construction of risk - as Tom Baker...

Implementing adaption measures are required to reduce society's vulnerability to climate risk and maintain the risk at manageable levels. These measures will help ensure the long-term availability and affordability of insurance...

First, we must insist that the "Best Science" is informing our understanding of the future risks, and how these risks are apportioned across different geographies and amongst different stakeholders. We need for this science to be both objective and robust as there are significant uncertainties...

Swiss Re defines Operational Risk in line with Basel II banking regulations as the "Expected and unexpected economic impact of inadequate or failed internal processes, people, and systems or from external events...