Howden Re has released a report emphasizing the need for the reinsurance industry to adapt in response to escalating natural disasters, geopolitical tensions, and economic uncertainties. The report, titled “Beyond the Horizon: Shaping the Future of Risk,” underscores the urgency for collaborative efforts in developing innovative insurance products to tackle increasingly interconnected and complex risks. It draws attention to rising losses from natural catastrophes in Europe, the growing frequency of civil commotion events, and the necessity for a reevaluation of traditional reserving strategies. Howden Re’s leadership highlights the importance of bespoke solutions tailored to the unique challenges presented by different regions and sectors to ensure resilience in the face of evolving risks.
