Audience
This briefing is open to practitioners with an interest in casualty and financial lines underwriting, claims, risk management and emerging risk.
Description
Understanding emerging risks before they become significant liabilities is increasingly important for insurers. In this LMA Emerging Risk briefing, Moody's will explore its latest research into the Nine Newly Known Unknowns, a framework that identifies emerging casualty and financial lines risks before they fully materialise.
Each year, Moody's identifies nine emerging risks across three stages of development, providing insurers with an early view of how new sources of liability evolve from initial scientific concern through to measurable damage and, ultimately, sustained litigation.
What you will learn
During the session, Moody's will explain how its emerging risk framework categorises risks into three phases:
- Emerging interest: early scientific research begins to question whether products, technologies or business practices could cause harm.
- Emerging damage: evidence of harm starts to emerge, attracting regulatory scrutiny and developing legal theories of liability.
- Emerging litigation: risks mature into sustained legal action, creating potentially significant casualty and financial lines exposures.
The session will examine this year's nine newly identified risks and discuss what they could mean for underwriting, portfolio management, pricing and capital allocation. Attendees will gain practical insight into how emerging liabilities develop and why recognising where a risk sits within its lifecycle is becoming essential to anticipating future claims.
Agenda
15.00: Registration and arrival
15.30: Welcome and introduction - LMA
15.35: Nine Newly Known Unknowns: Emerging Risks Shaping Casualty and Financial Lines - Moody's
16.35: Audience Q&A
16.50: Closing remarks - LMA
17.00: Networking drinks
Due to restricted numbers, if you register and subsequently are unable to attend, please email [email protected].