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US President Biden explicitly states the US will defend Taiwan if invaded by China. The US dollar is at a two-decade high. Hurricane Fiona left most of Puerto Rico without power, causing catastrophic flooding and landslides on the island. Analysis: Future of Business: Insurance Trends in a Changing World.

Condition Updates

A rundown of important global risk developments in markets, in business, and region by region.

Analysis: Future of Business: Insurance Trends in a Changing World

An increasingly risky and unpredictable world is an issue for every sector, but maybe none so much as insurance. Two key trends are driving changing insurance trends and policies: the ongoing Russia-Ukraine war, and an increase in extreme weather events associated with climate change. Both trends have forced insurers as well as those seeking protection to change their risk calculations, resulting in changes in coverage.

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