C-Suite
   Networks

The Geneva Association organises a series of meetings
  that bring together top decision makers from members’
    companies and experts from a wide range of fields, offering
      unique opportunities for high-level dialogue and exchange
        on emerging and priority topics.

C-Suite
   Networks

The Geneva Association organises a series of meetings
  that bring together top decision makers from members’
    companies and experts from a wide range of fields, offering
      unique opportunities for high-level dialogue and exchange
        on emerging and priority topics.

C-Suite Networks

The Geneva Association organises a series of meetings
  that bring together top decision makers from members’
    companies and experts from a wide range of fields,
      offering unique opportunities for high-level dialogue
        and exchange on emerging and priority topics.

C-Suite Networks

The Geneva Association organises a series of meetings that bring together top decision makers from members’ companies and experts from a wide range of fields, offering unique opportunities for high-level dialogue and exchange on emerging and priority topics.

15th Annual Round Table
   of Chief Risk Officers

15th Annual Round Table of Chief Risk Officers

Hosted by Zurich Insurance Group in Zurich, 12-13 April 2018

The ART of CROs provides a forum to discuss the challenges and
  lessons learned from applying risk management frameworks
    within insurance companies.

The ART of CROs provides a forum to discuss the challenges and lessons learned from applying risk management frameworks within insurance companies.

The risk landscape is changing faster than ever and new developments are affecting the practice of risk management. Insurance Chief Risk Officers highlighted the challenges of ‘Fintech’ and the rapid evolution of technology start-up firms entering the insurance industry. At the same time, insurance companies are transforming themselves. They have always understood the data; now they are becoming data companies. What would the first ‘data insurance’ company look like? The effects on capital requirements would be unclear, and even the need for brand power would need to be revised.

It is key to analyse the Fintech environment from the perspective of investors in the same way they assess the impact of artificial intelligence, cyber risk accumulation and big data on insurers.

The implications of these and other major developments for risk management affect not only the evolution of the insurance industry—they also introduce an urgent need to start preparing today the risk managers of the future. Insurers should develop a shared vision for the new art of risk management and how it would affect business performance.

Jason Schupp, Zurich Insurance; Yann Ranchere, Anthemis; Francis Bouchard (moderator), Zurich Insurance; Andreas Kull, Tokio Millennium Re; Frieder Knüpling, SCOR


12th Chief Investment
   Officers’ Meeting

12th Chief Investment Officers’ Meeting

Hosted by Prudential Corporation Asia in Hong Kong, 3-4 September 2018

The Chief Investment Officers’ Meeting gathers CIOs to discuss issues and
  trends that impact insurance asset management and the implementation
    of investment strategies.

The Chief Investment Officers’ Meeting gathers CIOs to discuss issues and trends that impact insurance asset management and the implementation of investment strategies.

Insurance Chief Investment Officers fulfil a more critical role than ever, operating in an environment of volatile balance sheets, shifting business priorities, greater regulatory scrutiny and increased demands from shareholders. Against this backdrop of promise but also fragility, the theme of the meeting was Brave New World.

Professor Robert Merton, Nobel laureate for Economics in 1997, discussed the challenges of funding retirement. A suitable solution should improve retirement income and lower government financing. Markets need new types of financial instruments, which could be designed as standard-of-living indexed, forward-starting and income-only securities.

Rising asset prices give the impression that economic growth is returning. However, a decade of low interest rates has changed economies and insurers’ balance sheets, creating challenges for implementing investment strategies. For policyholders, savings and risk mitigation remain crucial, and the insurance industry is uniquely positioned—in spite of the pervasive challenges—to offer peace of mind to customers.

Robert Merton, Nobel Prize laureate for Economics, speaking at the CIOs’ Meeting about the challenges of funding retirement


14th Liability
   Regimes Conference

14th Liability Regimes Conference

Hosted by AXA XL in London, 15-16 November 2018

The Annual Liability Regimes Conference gathers experts from
  the (re)insurance industry, academia and the legal world to discuss
    the dynamics of liability law and underwriting.

The Annual Liability Regimes Conference gathers experts from the (re)insurance industry, academia and the legal world to discuss the dynamics of liability law and underwriting.

Under the theme The New Liability Frontier, participants discussed the different ways in which insurers evaluate the implications of AI and adapt their policies to protect clients. Liability, property, automobile, health and life insurance will need to better address new exposures. In an industrial context the Internet of Things poses new challenges to liability, e.g. legal uncertainty and increased cyber risks, which call for enhanced cooperation between insurers and external experts.

The insurability of wildfire events has become an issue. The number of wildfire incidents have increased over past decades, and they trigger complex claims involving multiple lines of business. New analytics methods for evaluating exposure and claims processes can improve post-event response and better manage customer expectations.

Counterfeit goods are an evolving and growing risk that affects jobs, growth and the environment. Insurers can help mitigate profit loss and reputational damage to companies as well as health and safety risks to consumers.


21th Annual Circle of
   Chief Economists

21th Annual Circle of Chief Economists

Hosted by Aviva in London, 21-22 March 2019

The Annual Circle of Chief Economists (ACCE) provides a platform to discuss
  the present and future macroeconomic environment for (re)insurers and
    key developments, as well as challenges facing the insurance industry.

The Annual Circle of Chief Economists (ACCE) provides a platform to discuss the present and future macroeconomic environment for (re)insurers and key developments, as well as challenges facing the insurance industry.

The forum addressed the umbrella topic How Will Insurance Evolve to Meet Emerging Challenges? Conversations focused on the global economic outlook and key developments related to the U.S. Administration, including how tariffs and domestic protection continue to affect insurers in the wider context of major shifts globalisation landscape, spurred largely by Brexit and changes to American policies.

Sustainable investment management is very high on insurers’ agenda, but is it a trend or a paradigm shift? Sustainability models abound, but as society’s risk managers, insurers need models that embrace an Environmental, Social and Governance (ESG) approach covering all portfolios and asset classes.

The digital transformation has turned intangible assets, such as networks, data and client relationships into a competitive advantage. Insurers need to develop innovative ways to cope with key implications for the insurance business, such as automation, enrichment of personal data, disintermediation of (re)insurance and more demanding regulation.

Kai-Uwe Schanz, Director of Protection Gaps, presenting on underinsurance in mature economies at ACCE

Michael Menhart, Chief Economist, Munich Re, presenting on emerging risks at ACCE