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Crypto & quantum computing among top risks flagged by Swiss Re

June 16, 2022

Crypto assets and quantum computing have been flagged by analysts at Swiss Re as two of the most significant emerging risks for insurers and reinsurers, with the potential to create new risks within the global financial system.

Swiss Re’s 10th edition of SONAR covers 14 emerging risk topics across technological, economic, social and environmental areas, but focused in particular this year on trends in digital finance and the ever-looming threat of climate change.

In the current highly technology-dependent financial system, analysts noted that cryptocurrencies such as Bitcoin and Ether are increasingly establishing themselves as potential challengers to conventional currencies.

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