Climate and cultural change, together with the widespread impacts of the war in Ukraine, will transform the risk landscape and attitudes to risk. In some scenarios, community-centric, ‘no-compromise’ sustainable development values will increase transparency and pressure on insurers to rapidly accelerate towards zero-carbon targets, defined by Scope3 regulation. This may, in the extreme, lead to calls to reduce underwriting support in high emissions sectors, withdraw investment and raise questions about license to operate. On the other hand, activists may recognise that insurers must play a vital role in driving a rapid transition by underwriting large-scale innovation and urgent structural change. The challenge for speciality insurers is to anticipate cultural tipping points and align with emerging client and wider societal values to minimise reputation and commercial risk.
Summaries of Long Read and Briefings essays and full access to curated links
The Oracle Partnership delivers agenda-setting foresight.
We bring together some of the world's leading thinkers and a range of artificial intelligence tools to deliver independent, agenda-setting foresight, focused on strategic risk, big ideas and game-changing invention.
Our subscription service includes full access to original material in the form of Long Reads, Briefings, The Rome Scenarios, Weak Signals and Wild Cards.
If you would like to receive Oracle Partnership updates and receive notifications about our services and editorial output, please register for updates below.
If would like further information about our subscription service, please write to us at: [email protected].