Lloyd's - Emerging risks

Emerging risks

We have defined an emerging risk as "an issue that is perceived to be potentially significant but which may not be fully understood or allowed for in insurance terms and conditions, pricing, reserving or capital setting".

The Lloyd's Emerging Risks Team exists to advise the Lloyd's market of these potentially significant emerging risks. It will produce a series of reports, which are available to download below.

The Emerging Risks Team has just published its fourth report that sheds light on the potential risks of hormone replacement therapy and the impact on the insurance industry.

This follows on from the team's previous three reports. 

The first covered the issues facing insurers and reinsurers as a consequence of the possibility of the failure of Herbert Hoover Dike. 

The second report examined the potential risks of nanotechnology, a new emerging field that promises to improve many industries including medicine, food technology, textiles, materials, cosmetics, defence and more, but the risks are still not fully understood.

The third report considers the potential impacts of a global pandemic.  The report focuses on the threat to the global business community and, in particular, the insurance markets of a global pandemic.

Hormone Replacement Therapy

An overview of the risks of Hormone Replacement Therapy.

HRT report (950KB, pdf)

Pandemic: Potential insurance impacts

Consideration of the impact the next pandemic could have on the insurance industry.


Pandemic report (408KB, pdf)

Herbert Hoover Dike

A discussion of the findings of an engineering review on the stability and safety of the Herbert Hoover Dike around Lake Okeechobee in Florida.


 Herbert Hoover Dike report (712KB, pdf)

Nanotechnology

A review of the potential effect the new area of nanotechnology could have on the insurance industry.



Nanotechnology report (1.35MB, pdf)

If you experience problems opening these files please ensure you have the latest version of Adobe Reader.

Please contact Trevor Maynard at Trevor.Maynard@lloyds.com or call +44 (0)20 7327 6141 for further information.