Each year the Geneva Association Women in Insurance Award highlights outstanding women insurance leaders and how they are positively impacting the world. You are invited to meet and celebrate the women recognised by the 2021 award selection committee:

The 2021 Climate Change and Environment Conference, titled 'Environmental Risks and the Insurance Industry: Stepping up actions', was held virtually on 23 June 2021.

The event explored the many implications of environmental risks for re/insurers as risk managers and investors: impacts on their businesses, how they can incentivise environmentally sustainable behaviours and business models – taking into account the transition to net zero – and raise societal awareness. 

From Risk Transfer to Risk Prevention – How the Internet of Things is reshaping business models in insurance

Leading international experts on flood risk discuss The Geneva Association’s major series of studies, Building Flood Resilience in a Changing Climate, which offer a comprehensive look at flood risk management in the United States, Germany and England, factoring in the changing risk landscape.

Speakers:

Kai-Uwe Schanz, Head of Research & Foresight, and Mike Mansfield, Program Director Aegon Center for Longevity and Retirement, delved into recent research on why the demand for life insurance products is eroding, obstacles to retirement readiness and what insurers can do to address these challenges. The discussion was moderated by Adrita Bhattacharya-Craven, Director Health & Ageing.

Global spending on health has reached USD 8.3 trillion, or 10% of global GDP, according to the World Health Organization (2018). A large portion of this is attributable to the way we manage chronic and age-related illnesses: in expensive, curative settings and in an episodic manner. A greater convergence of all levels of health and social care is needed to improve the care experience and health outcomes and address cost inflation.

The COVID-19 pandemic introduced or accelerated many political, economic, societal and technological trends. As we enter the post-pandemic world, it is important to take stock: which changes will permanently alter the risk landscape and operating environment for insurers?

As governments and insurers search for the right partnership approaches to insuring pandemic business interruption risk, The Geneva Association was pleased to host a Risk Conversations webinar to support ongoing discussions and present the findings of our report, Public-Private Solutions to Pandemic Risk: Opportunities, challenges and trade-offs.

This webinar focused on two recent reports by The Geneva Association and the International Forum of Terrorism Risk (Re)Insurance Pools (IFTRIP) Cyber Terrorism and Cyber Warfare Task Force. Members of the task force and cyber experts presented the key takeaways of the reports and addressed pressing cyber concerns for insurers:

The Geneva Association is stepping up the insurance industry’s global collaboration on climate risk assessment and scenario analysis with a task force of leading experts from the world’s largest insurers, representing the companies of The Geneva Association’s insurance CEO members.