- What strategies are needed to mitigate the risk of large scale, sophisticated cyber attacks?
- As highlighted by the recent Los Angeles wildfires, how can re/insurers respond to the mounting property crisis driven by increasing wildfire risks?
- What role does AI have in improving customer centricity and meeting the expectations of digitally empowered customers?
- What will be the impact of an increasingly volatile geopolitical environment on the global insurance industry?
How should the reinsurance sector respond to climate risk and major changes in demographic patterns?
How can insurers improve industry optics and advocate for the vital role they play in ensuring financial resilience?
Which operational capabilities should reinsurers prioritise for the deployment of insurtech and emerging technologies?
How can re/insurers improve affordability and access to insurance products to close the NatCat protection gap?
How is the growing role of private equity reshaping the insurance industry?
How can Bermuda-based insurers and reinsurers ensure they attract and retain top talent to the region?
Event Overview
PwC Insurance Summit
The insurance and reinsurance industry is facing multiple challenges – from climate change fuelled losses topping US$100bn to the growing risks of cyber crime and global conflict. The sector’s role is getting tougher as it helps clients to gauge and handle new threats while managing their own balance-sheet exposure.
As we approach the middle of the 2020s the industry remains remarkably resilient to market pressures while it navigates an increasingly uncertain world of geopolitical, economic and technical disruption. And, despite rising costs, it has strengthened its financial performance, leading major ratings agencies to revise their outlook for reinsurance upwards. However, with firms facing a shortage of talent, they urgently need to take steps to attract and retain the best staff.
Discussion Points
*CPE credit available.
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