4th Annual Cdn Insurance Opportunities & Risks Survey | KPMG | CA

4th Annual Canadian Insurance Industry Opportunities & Risks Survey

4th Annual Cdn Insurance Opportunities & Risks Survey

A report on the current state of the Canadian Insurance Industry

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Partner, Audit, Financial Services

KPMG in Canada

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Insurance Opportunites and risks

Now in its fourth year, KPMG Canada’s Annual Insurance Industry Opportunities & Risks Survey reflects the current state of the Canadian Insurance Industry, identifies key trends and provides our insights. The results represent views from a wide range of insurance sectors and explore the mega trends in the Canadian Insurance Industry:

 

• Enhancing operational processes and technology is the major opportunity, while the related costs represent a significant risk

• The Customer … an insurer’s biggest opportunity and risk

• While insurers see the regulatory and compliance burden as the biggest risk, it also represents a significant opportunity for managing risks and the best use of capital

• Low interest rates are the new normal

• Big data is big….with the related cyber security top of mind.

Read the report to find out more, and let’s start the conversation.

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