The Swiss Re Institute, the research arm of Swiss Re Reinsurance, harnesses their risk knowledge in re/insurance to produce data driven research with partner organizations, shared via publications such as SONAR. SONAR is an annual publication that focuses on outlining emerging risks based on early signals gathered throughout the year.
The 2024 SONAR report features 13 emerging risk themes, categorized from high-risk to low-risk, and three trend spotlights. Emerging risk themes are defined as new or changing risks with both positive and negative potential for insurers, while trend spotlights refer to items that highlight contextual developments Swiss Re deems relevant for the industry. Examples of emerging risks covered in this report include the cascading effects of natural catastrophes, the unintended impacts of artificial intelligence, underfunding of public health, and more.