Nadia Schmidt, Divisional Director, Willis Re
Robo-advisors and Insurance-Linked Securities – two young business models in two different industries that have seen steep growth during the last decade. Robo-advisors have been successful by automating investment advice, making wealth management more efficient and accessible to a broader client base, while ILS sources new insurance capacity by allowing the financial market to invest in insurance risks largely uncorrelated to other financial instruments.
Maria Schiopu, Milliman Financial Risk Management LLC
These are exciting times for holders of insurance stocks, whether institutional investors or insurance executives themselves. Approximately 70% of the world’s insurance premiums are written by stockholder-owned insurers, so rising share prices provides added financial security to all stakeholders in the insurance value chain.
The recently concluded IIS Global Insurance Forum (GIF) in Singapore yielded, as our annual conference always does, some interesting insights into the major trends in the industry. One of the most striking developments in the international insurance business was evident at the Forum: the dramatic growth of Asia’s stature and role in
prospective growth.