Insurers blind to new threats, network analysis suggests

Risk taxonomies driven by top-down approach or externally imposed labels expose firms to blind spots

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Out of sight: insurers could end up underestimating or missing entire areas of the risk landscape

Existing ways of categorising the emerging risks faced by insurers might not be fit for purpose, new research suggests, and could lead to firms underestimating or missing entire areas of the risk landscape.

In research due to be published in the Journal of Network Theory in Finance later this year, Christos Ellinas, a research fellow at Bristol University, used a bottom-up approach to analyse insurers’ assessments of the emerging risks they face.

Ellinas used a list of 143 individual emerging

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