π’In today's complex and interconnected world, there are many risks that can affect businesses and society in unexpected ways. Our new SONAR 2024 report identifies some of the most important new emerging risks. One of the risks highlighted in the report is the disruption of global supply chains, which are essential for the smooth functioning of trade and commerce.
Anne Lohbeck, Swiss Re Chief Underwriting Officer Specialty, talks about how supply chain risks are elevated, starting with more accumulating exposures in places like ports. A recent example is the collapse of Baltimore's Francis Scott Key Bridge after a cargo ship lost power and crashed into one of its supporting columns on 26 March 2024. Such events can have ripple effects across different industries and regions, and create challenges for insurance and risk management. Lohbeck also discusses the importance of scenario planning in mitigating supply chain risks.
π‘Learn more about how resilience against business interruption risk of global supply chains is weakening: www.swissre.co...
Swiss Re
The Swiss Re Group is one of the worldβs leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk - from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally.
#supplychain #riskmanagement #insurance #trade
6 ΡΠ΅Π½ 2024