September 2008 edition
This publication is dedicated to providing thought-provoking insights into some of the key strategic issues facing the insurance industry. The articles in this edition are as follows - download each chapter by clicking on the title below - or for the full publication click on the front cover:
Riding the cycle: Keeping one step ahead of the competition (1.54mb)
Many insurers are struggling to sustain profitability in the face of a continued softening in non-life insurance rates. However,
proactive management could turn the cycle into a source of competitive differentiation and advantage, as Jean-Bernard Crozet
and Jan-Huug Lobregt report.
Sustaining profitable growth (1.41mb)
Incisive strategies for organic growth and M&A will prove critical as insurers come under increasing pressure to manage costs
and shore up revenues in today’s testing market conditions. Damian Guly, Simon How, Steve Osei-Mensah and Rupert Taylor-Rea
assess the opportunities for sustaining profitable growth in the year ahead.
Is your ERM delivering? (1.55mb)
Enterprise risk management (ERM) in the European insurance industry has come to a crossroads as investment and expectations
have soared, but many companies have yet to realise the full benefits. Robert Borja, Jan-Willem Deurvorst and Mark Train examine
what a far-reaching new PricewaterhouseCoopers study reveals about how to deliver the competitive payback from effective ERM.
Bridging risk and reward: Closer alignment between risk and finance (1.59mb)
Closer alignment between risk and finance could not only ease the implementation of a series of new reporting requirements,
but also enhance decision-making and strengthen stakeholder confidence. However, Ranjit Jaswal, James Smith and David Wong
argue that full integration may be a mistake.
Is this a good bet? Driving value amid uncertainty (1.57mb)
How can life insurers be sure that they are targeting strategic investment where it can earn its best return and how can they
convince analysts and investors they are making the right choices? Albertha Charles and Hsiu Min Lim look at how advanced
techniques that match insight into customer preferences with dynamic financial analysis could provide a convincing answer.
Confronting the down cycle: Seeking opportunity in uncertain times (2.22mb)
How are Bermuda’s insurers reacting to changing market conditions? Caroline Foulger, Colm Holman and Arthur Wightman
discuss what a new PricewaterhouseCoopers survey reveals about the road ahead.
