Insurance
Home›Insurance›Industry & Deals›Swiss Re exec says commercial insurance must focus on…
Swiss Re exec says commercial insurance must focus on resilience
Adrian Hall, CEO of Swiss Re Corporate Solutions in the U.S., said client and broker discussions are shifting from capacity and pricing toward preparing for disruption from extreme weather, geopolitics, and supply chain risks.
Swiss Re Corporate Solutions U.S. CEO Adrian Hall said commercial insurance is entering a major change period, with climate volatility, geopolitical uncertainty, rapid advances in artificial intelligence, and more interconnected global supply chains reshaping how businesses assess risk, according to Risk & Insurance.
Hall said conversations with clients and brokers increasingly center on how companies can anticipate disruption and strengthen resilience, rather than focusing only on insurance capacity, pricing, or underwriting cycles. He cited examples spanning energy infrastructure, AI, supply chains, geopolitics, and increasingly frequent extreme weather, including the Los Angeles wildfires and global record-breaking heatwaves.
The Swiss Re executive argued that resilience is becoming a strategic imperative for insurers, with the industry role shifting earlier in the risk process. He said insurers must help businesses understand emerging risks and make better decisions well before a claim is filed.
Hall also said that risk outcomes are no longer confined to neat categories, noting that severe weather can affect supply chains, power infrastructure, manufacturing, and logistics far beyond the original location. He added that cyber incidents can become operational crises and that geopolitical tensions can create ripple effects across operations, further reinforcing the need for resilience planning.