Presented by McKinsey & Company
Despite overall growth, personal P&C lines are losing market relevance and facing a growing protection gap, with a clear dichotomy between local winners and losers. What’s next?
New York, New York – Jan. 19, 2024: The Shin Research Program, generously underwritten by Kyobo Life Insurance Company, has embarked on a groundbreaking initiative to delve into talent and leadership trends within the insurance industry. Supported by over three decades of partnership with the International Insurance Society (IIS), the program focuses on cultivating in-depth research on pressing topics such as regulation, microinsurance, genomics, cyber, resilience, and more. The insurance industry in the Asia-Pacific has evolved into a digital-first industry, facing challenges like climate change, cyber risk, inflation, talent gaps, a tough economic environment, and investor hesitancy. However, insurers are embracing intelligent, composable, and agile technologies to digitally transform their businesses. Data analytics,artificial intelligence,machine learning, IoT, blockchain, and other emerging technologies enable startups to disrupt traditional insurance models. Presented by McKinsey & Company The global life insurance industry is facing an inflection point. A fundamental reimagination will usher in significant change. Presented by RGA Post-pandemic, more workers worldwide report suffering from burnout, and it is likely the numbers will continue to rise; employers and insurers alike must look for new ways to support those on long-term sick leave in their efforts to return to work. Presented by Clearwater Analytics Discover a wide array of themes that are top of mind for insurers and insurance asset managers in 2024, including greater M&A activity, regulatory developments, solvency rules, investing strategies and associated operational complexities, technology expenditure, and technology priorities.
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