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The world Ahead 2024

Every year, Axco’s Global Risk team looks at developing trends across the globe which we believe will have a significant impact on our clients. This process brings together all of our risk analysts and incorporates feedback from other insurance specialists inside Axco.

From key global events and conflicts to developing risks that will be central to a region's near-term outlook. Take a truly global view and let Axco’s risk analysts help you prepare for 2024.

Section 2: Down the Rabbit Hole

So she was considering in her own mind (as well as she could, for the hot day made her feel very sleepy and stupid).

Whether the pleasure of making a daisy-chain would be worth the trouble of getting up and picking the daisies, when suddenly a White Rabbit with pink eyes ran close by her.

There was nothing so very remarkable in that; nor did Alice think it so very much out of the way to Rabbit say to itself, "Oh dear! Oh dear! I shall be late"

Section 3: The Rabbit Took a Watch Out of His Waistcoat

Looked at it, and then hurried on, Alice started to her feet, for it flashed across her mind that she had never before seen a rabbit with either a waistcoat-pocket, or a watch to take out of it, and burning with curiosity, she ran across the field after it, and fortunately was just in time to see it pop down a large rabbit-hole under the hedge.

What our analysts say on...

Russia holding the upper hand in Ukraine

"Russia’s military force projection was lacklustre at best during the initial stages of the war, but it is not as weak as some pundits would have you believe either. It is a largely self-sufficient state with a substantial domestic military-industrial complex."

The coming age of Unmanned Underwater Vehicles

"These types of drones are likely to be the biggest shake-up of military navies in decades, increasing the reach of non-state actors who previously were unable to expend manpower in suicide attacks or resources on expensive submersibles. In the same way, aerial drones have democratised air warfare in recent years, UUVs and USSs are likely to shape maritime conflicts in the coming years."

Switching off the Chinese growth engine

"A slowdown in China's growth could lead to a decline in demand for goods and raw materials from its trading partners, particularly impacting developing economies. The evaporation of Chinese demand will also have significant consequences for numerous commodities, notably oil and gas."

Israel and the challenges of a long war

"There is ample evidence to suggest that Hamas has been preparing to fight a non-conventional war inside Gaza for over a decade. Gaza’s ‘underground’ or network of tunnels that crisscross the territory allows Hamas to conduct rapid hit-and-run attacks, stage ambushes and plant IEDs."