The Centre for Risk Studies, in collaboration with the American International Group (AIG), is pleased to present a new report ‘Multi-Threat Risk Analysis and Insurance Growth Opportunities’. This report is part of the Cambridge Global Risk Framework and uses findings from the Cambridge Global Risk Index, which aims to measure the global risk outlook from 22 threats across 300 cities.
This report aims to answer three main questions related to the process of insurance uptake in key cities in the global economy. These questions include: the risks that cities face, how city risks relate to insurance penetration levels, and how insurance products can be aligned with city risk profiles and identify insurance growth opportunities.
The analytical approaches summarised in this report provide a promising step in the direction of developing robust tools that can support both insurers in their pursuit of new opportunities and cities in their efforts to efficiently build resilience to threats they face.