Wargaming for Emerging Risk Analysis: Overview and Scenarios for the Insurance Industry

Wargaming for Emerging Risk Analysis: Overview and Scenarios for the Insurance Industry

Emerging risks pose a unique challenge to the insurance industry. Traditional risk modeling and historical data can be inadequate for evaluating their low-frequency, high-impact potential.

Wargaming workshops can provide a valuable alternative. 

This article explores the benefits of wargaming exercises and provides multiple scenarios for insurers for use, complete with roles and key questions.