The expected $750 billion AI investment boom and geopolitical fragmentation are likely to reshape the insurance landscape, according to the Swiss Re Institute.
In a new paper, it said AI investment and geopolitical fragmentation were driving new demand for resilience and risk transfer solutions, especially due to the inflationary pressures and industry changes they were causing.
“As economies invest in AI infrastructure, energy systems and more resilient supply chains, entirely new pools of risk are emerging. Insurance has a vital role to play – not only in de-risking these investments, but in enabling the real economic transformation and giving the risk a price,” said Jérôme Haegeli, Swiss Re's Group Chief Economist.
The paper said that the world is entering a period of “exceptionally strong investment”, driven by AI.
Sign in to read the full article or Register for FREE and get access
SIGN IN
FREE PREMIUM ACCOUNT
Don't have an account yet?
To access
the premium content FOR FREE on Insurance Investor, you must first sign in to your account.
Not subscribed? Sign up today for free
Why subscribe? Click here for more details