Together, the insurance industry, government administrations and public institutions can form powerful collaborations to drive economic growth, financial stability, affordable healthcare and environmental security for the global population in developed and emerging economies alike. The Global Insurance Forum drew 500+ senior insurance executives, regulatory authorities and prominent academics from around the globe, focusing on ideas that demonstrate the potential extent and power of collaboration.
Today, the official start of the Atlantic hurricane season, is a timely moment to consider disaster risks and their consequences. Natural disasters create many challenges for firms. Property damage from a hurricane, earthquake or flood frequently causes the largest value losses; however, business interruptions also contribute notably to losses and delay recovery. Firms poorly equipped to manage a disaster may afterward find themselves in the difficult position of being forced to adopt short-term coping strategies that limit future profitability.
The Thought Center Digest highlights a selection of recent posts from the IIS Thought Center. The guiding principle of the selection is to focus on a broad array of interconnected topics with systemic socio-economic potential. The chosen materials will have particular import for the insurance/risk industry, or will demonstrate perspectives born in the industry that deserve wider dissemination and greater influence in the development of public risk awareness. The Digest is prepared weekly from IIS Member-generated materials and is published on Wednesdays.
Join THE industry event of the year, the IIS 51st Annual Seminar at the Waldorf Astoria Hotel in New York City - the crossroads of the world. 500+ senior executives representing all sectors of the industry and all regions of the world will gather to address vital issues facing our industry. Learn more
According to Towers Watson’s Global Insurance ERM Survey of almost 400 insurers worldwide, insurers are most satisfied with ERM when they engage the risk management function as a business strategy partner. READ MORE