Presented by RGA
An RGA analysis of medical expenses indicates that lifestyle data from wearable devices can indeed help health insurers better assess risk, improve underwriting, and develop propositions that incentivize healthy lifestyles.
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. IIS Executive Insights Life & Health Expert: Ronald Klein, Founder, Obtutus Advisory GmbH Introduction During the past few decades, the world has become a much more dangerous place in which to live. Since 1970, the annual rate of change in the number of worldwide deaths has been increasing, but still was negative through 2018 (see Figure 1 below)1 Since 2019, the rate of change began to increase. And, this is prior to the COVID pandemic which became a mortality event later in 2020.
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