Global Risk Report warns of “Age of Competition” — insurers on the front line

For insurers, that shift is not only an summary concern. Geoeconomic confrontation threatens what the report calls “the core of the interconnected international financial system,” together with cross-border flows of products, information and capital on which many industrial traces rely. Commerce credit score, political danger, marine, supply-chain contingent enterprise interruption and specialty traces tied to strategic applied sciences all face the prospect of extra frequent and extra opaque state intervention.