Cyberattacks, natural disasters linked to climate change and the deterioration of the economic environment occupy the podium of the main risks identified for the next five years by insurers, their professional organization indicated on Thursday.
The potential severity of almost all risks is increasing, confirming the observation of increasingly risky world, summarize the authors of the seventh edition of the Prospective Mapping of Insurance from France Assureurs. Since the first edition, never have the first three risks that make up the podium reached such a high level and been so close in the ranking, they note.
THE cyberattacks remain at the top of the ranking of insurers’ concerns – a position they have occupied since the first edition of the study -, especially as the severity of attacks could increase due to the geopolitical context and the emergence new techniques linked to artificial intelligence, they note.
THE natural disasters and theeconomic environment come just behind, increasingly worrying the 230 contributors to the study. If the cost of disasters fell in 2023, globally it exceeded the 1000 billion dollar mark for the fourth consecutive year and France was not spared. The persistence of inflation and still high interest rates also continue to worry.
Next among the concerns of French insurers are: regulatory changesTHE exceptional natural events and the global political risks.
Car Insurance : save up to €380 thanks our online comparator
Climate change, root risk
Obviously, these risks are not independent, we looked at the correlations, noted the president of France Assureurs Florence Lustman, during a conference of the FitchRatings Paris rating agency. THE root riskthe risk which has the greatest impact on the 25 risks that we studied in this mapping is the climate changeshe emphasized.
The results of the 2024 mapping show that almost all of the risks perceived by insurers are considered more severe, in particular the pandemic risk and the risk of a disorderly transition to a low-carbon economy.
In France, if the health crisis linked to Covid-19 is behind us, the stigma still remains present on the populations, point out the authors of the study, who are concerned about the increasing trend in prevalence of depressive episodes. The deterioration of mental health is thus increasing in frequency and severity, which has repercussions on HR risk, with psychological risks being the leading cause of long-term work stoppage since 2021.
Reproduction forbidden.