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.
Carmony Wong, Senior Vice President, Head of Hong Kong and High Net Worth, RGA
Hui Yen Tai, Regional Director, Head of Analytics - Asia Pacific, Willis Re, Singapore
How similar, or dissimilar, are the principles? What are the parallels, if any? Why do I, as a general consumer, approach them rather differently? The investments industry continues to challenge consumers with exotic products and solutions that stretch the comprehension of risk-return – yet (re-)insurance is arguably stagnated as a commodity most would rather move on from?