IIS Insight No. 109 - July 12 2017

Innovation & Technology

Augmented, virtual & mixed realities: The risk chain grows more complex

It took a little yellow digital monster to make augmented reality (AR) and virtual reality (VR) technology a mass-market product in 2016. The global impact of Pokémon Go may lead to an uptick in investment in similar mobile game-based products this year. However, AR/VR technology has more to offer the world than just finding fantastic beasts.

Capital Management

Insurance Markets: Outlook 2027

Recovery in the insurance market is on track, with global life and property and casualty premiums set to grow nearly 6 percent annually over the next decade, estimates an Allianz study. Life is looking up for the insurance markets. Global life and property and casualty (P&C) insurance premiums are set to grow by almost 6 percent.

Leadership & Development

Crowd Based Capitalism

Aside from opinions about the benefits of the sharing economy, the impact on society of companies such as Uber and Airbnb continues to grow and to change the parameters of the employment market. The sharing economy is profoundly changing our daily lives and this is occurring independently from what we want and what we fear.

Resilience

Guidelines for Risk Assessment to Support

Financial losses associated with extreme events are experienced across many stakeholders, hampering socio- economic development, particularly in the most vulnerable nations. When a disaster strikes it can lead to significant financial burdens which can be felt by several stakeholders.