Cybersecurity Threats:Technology advances may result in more sophisticated cyber-attacks, posing risks to customer data, privacy, and interconnected systems stability.

Technological Disruptions:New technologies, such as artificial intelligence, autonomous vehicles, and blockchain, can introduce
new liability concerns, ethical considerations, and data misuse risks.

Pandemics and Health Crises: The COVID-19 pandemic has illustrated the impact of global health crises on economies. By 2030, new infectious diseases and pandemics could require specialized insurance coverage for business interruption and healthcare-related issues.

Social and Political Unrest:Social and political instability, including protests and geopolitical tensions, may increase, leading to property damage, business interruptions, and political risk exposures.

Demographic Shifts:Changing demographics, such as aging populations, can impact insurance markets. As aging populations and healthcare costs rise, insurers may need to adapt their products.

Emerging Liability Risks:Advancements in technology like autonomous vehicles and drones can introduce new liability challenges, such as product liability and data breaches.

Environmental and Social Governance (ESG) Risks:Underwriting decisions and investment practices of insurers will be scrutinized more closely with respect to environmental and social factors.

Viswanathan Odatt

Mob No. 98957 68333

Email: odatt@aimsinsurance.in