Annual Survey of Emerging Risks

Findings of the 17th Annual Survey of Emerging Risk show how actuaries, risk managers and other insurance professionals perceived emerging risk in 2023. The top five emerging risks from the full survey are: climate change, wars (including civil), disruptive technology, demographic shifts and those relating to cyber and network exposure.

Survey data collected in November 2023 was also supplemented by a May 2024 flash survey. In the November 2023 survey, climate change in particular held a dominant place in risk managers’ responses. It ranked first both as an emerging risk and as part of combination risks. However, responses in the flash survey varied slightly, with disruptive technology replacing climate change in the top spot.

Sponsored by the Casualty Actuarial Society and the Society of Actuaries Research Institute, the survey was conducted by Max J. Rudolph of Rudolph Financial Consulting LLC. The survey covers 23 risks across five categories: economic, environmental, geopolitical, societal and technological.

Survey from previous years are linked below to provide an insight into how emerging risks change over time.

17th Annual Risk Survey Full Report (NEW!)

Previous Emerging Risk Surveys: