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RECENT INSURANCE AND REINSURANCE NEWS
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In this report, the EY authors describe three areas where there will be focused attention in 2022;
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1. Ecosystems and open insurance
2. Workforce transformation
3. Sustainability and the greening of the global economy
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Last week, the IRUA offered a webinar which was provided by Seth Bair of Keefe, Bruyette & Woods. Titled "A Wall Street View of the Insurance/Reinsurance Industry", his focus was on highlighting the general financial status of the market. However, several of his specific updates overlap with the EY report you will read here. A good example of this is how Insurtech and distribution channels tie in nicely with ecosystems and open insurance.
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Thank you for taking time to read through our newsletter.
While this year (and the one before that) has been challenging, it has also provided us with new opportunities. Paradigms have changed and we will continue to see evolution in the marketplace. As the value chain of insurance and reinsurance continues to adjust, it will become only stronger.
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John West,
Director, Newsletter Editor
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To facilitate a vibrant forum that encourages professional and personal development of member company personnel through educational excellence, the exchange of knowledge among industry constituents within the insurance and reinsurance marketplace and recognition for academic excellence for the next generation of reinsurance professionals. We accomplish this vision through focused educational offerings, a robust Scholars program, the publication of the Journal of Reinsurance, and an annual Conference.
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This Newsletter is a compilation of source material of interest to IRUA members and the reinsurance community. The cited material is not published in this Newsletter nor by IRUA. Web addresses of the source articles material are cited herein. Readers are cautioned to observe copyright restrictions set forth in the published and the source material. References are provided for informational purposes only and do not constitute endorsement of any websites or other sources.
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The views contained in the source materials are those of their respective authors and not necessarily the views of IRU Inc., its members, officers or representatives.
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