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Synopsis
“No plan survives first contact with the enemy.”— Helmuth von Moltke [i]
New York, New York – Sept. 10, 2024: The International Insurance Society (IIS), Insurance Thought Leadership (ITL), and Lloyd’s are pleased to announce the finalists for the prestigious Global Innovation Awards. These awards recognize organizations that have demonstrated exceptional achievement in driving innovation and fostering sustainability within insurance and risk management. Winners will be announced at an awards ceremony on Nov. Presented by Milliman High inflation and interest rates, geopolitical conflict, and new solvency regulations contributed to a recent global slowdown in health and life insurance mergers and acquisitions. Milliman’s annual report looks at worldwide M&A activity, breaks down top deals by country, and projects future market conditions. Presented by RGA Presented by AM Best The global reinsurance segment continues to expand with strong technical profits and ROEs comfortably exceeding the cost of capital, bolstering momentum for reinsurers. IIS Executive Insights Cyber Expert: David Piesse, CRO, Cymar “No plan survives first contact with the enemy.”— Helmuth von Moltke [i] Presented by Milliman Extreme weather events used to be rare—they are severe natural catastrophes at the extreme ends of historical patterns. But the climate crisis is making the extreme the norm. In 2023, severe weather struck across Europe. Heatwaves baked France, Romania, and Belgium. Northern, Central, and Southern Europe endured lengthy droughts that devastated crops. Violent storms battered the west, while widespread flooding caused billions of euros in damages. Italy alone recorded more than 350 severe weather events.
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