Thank you for attending KPMG’s Insurance Industry Conference. In its 26th year, this year’s “The Power of Agility: Driving Growth and Sustainability” was the central focus. We all acknowledge that our industry is facing numerous challenges and sustained growth will be challenging, but by taking essential strategic steps – from the focus on the customer to tailor products, to embracing the digital world – insurers can position themselves competitively.
Our conference was kicked off by Alan Greenspan, former chairman of the U.S. Federal Reserve, and Constance Hunter, Chief Economist of KPMG’s Alternative Investment practice. In addition, two industry leaders, John Kim, Vice Chairman and Chief Investment Officer of NY Life Vice Chairman & Chief Investment Officer of New York Life Insurance Company and Jay Benet, Vice Chairman and CFO of The Travelers, provided their perspectives on the challenges and opportunities in today’s market.