Weekly Briefing - Sep. 19, 2022
Our weekly recap of top stories in the insurance industry, updated every Monday. Subscribe to receive notifications on the latest issue!
--------------------
???How can Hong Kong insurers prepare to tackle the industry changes of the next five years?
Given the unique geopolitical and business context in which Hong Kong insurers operate, PwC proposes five recommendations for insurers to navigate the rise of insurtechs, the growing focus on the GBA, and the lasting impact of the pandemic.
???Connected revolution: The future of US auto insurance
As mobility technology and automotive and insurance AI reach critical mass, a new era will be ushered in, promising not only a radically new experience for consumers but also new commercial opportunities for insurers and automotive OEMs.
???2023 insurance outlook
Is the insurance industry ready for emerging challenges heading into 2023 and beyond? Deloitte warns that the road ahead is dotted with multiple hurdles, and this is no time for insurers to be satisfied with the adaptations they’ve made.
???Maintaining resilience as a new world order takes shape
Swiss Re discusses how P&C insurance will maintain resilience and how local & regional self-preservation instincts will underlie policy decisions in a new multi-polar world driven by three main tenets of economic influence.
???A snapshot of ESG thinking in the development of the underwriting process
Marsh’s survey explores the extent to which ESG factors are already being used to assess clients’ risk profiles and how this trend might accelerate. It also looks at the incentives insurers can give clients who demonstrate favorable ESG metrics.
??? Other news this week: