"We are already seeing the more forward-looking insurers starting to adjust their investment profiles and risk models. Low interest rates may constrain those who have not already done so."
Partner, KPMG in Canada
The world is becoming increasingly ‘tightly coupled’, with financial risk and insurance risk more closely interconnected. As a result, current approaches to capital management and risk modeling will need rethinking. A more developed understanding of interconnectivity, particularly of tail risks, may lead to a better understanding of exposures and enable more accurate pricing and more effective loss prevention. This greater clarity and transparency, however, is accompanied by further risk if customers are not prepared to pay for the economic cost of the protection they seek.
Key business issues that insurers must consider:
To stimulate the debate on these complex and far-reaching issues, we invite you to join the conversation
We want to hear your views
Insurers who put customers at the heart of their business are well positioned to outperform.