Magazine Table of Contents
The pandemic has increased the importance of a corporate ESG framework. This can benefit (re)insurers who may generate more underwriting and investment income while reducing costs such as legal expenses from stringent regulations. Deutsche Rückversicherung’s Mr Tarik Aouad explains how managing the future sustainably intertwines with benefiting the present.
Modern farming methods have increased food output but they have also led to higher risks of fire. There is a call for mixed farming and (re)insurers must be ready for this evolution, says SCOR’s Mr Michael Rüegger.
There has been an exponential rise in new regulation covering digital insurance and increased use of digital technology is likely to accelerate this trend. Clyde & Co’s Mr Peter Hodgins highlights how continued dialogue between regulators and insurers is required to ensure that barriers to entry and impediments to digitalisation are identified and overcome.
Life & health
The UAE’s life market has evolved slowly in the past three years. For it to expand faster, insurers must focus on technology and customer satisfaction while ensuring sustainability by maintaining financial strength, says Oman Insurance Company’s Mr Emmanuel Deschamps.