US leads in life insurance, but implementing Europe's mandatory risk component could boost growth.
ITL Partner:
International Insurance Society
ITL Partner: International Insurance Society
IIS serves as the inclusive voice of the industry, providing a platform for both private and public stakeholders to promote resilience, drive innovation, and stimulate the development of markets. The IIS membership is diverse and inclusive, with members hailing from mature and emerging markets representing all sectors of the re/insurance industry, academics, regulators and policymakers. As a non-advocative organization, the IIS serves as a neutral platform for active collaboration and examination of issues that shape the future of the global insurance industry. Its signature annual event, the Global Insurance Forum, is considered the premier industry conference and is attended by 500+ insurance leaders from around the globe.
Additional Resources
GenAI and Insurance: What OpenAI’s o1 ‘reasoning’ model could mean for insurers
Presented by RGA
The latest update to OpenAI’s ChatGPT brings reasoning capabilities that make it more useful to insurers. RGA’s Jeff Heaton explains the extremely promising features of this latest offering, named o1, and why it signals a transformative road ahead.
RGA Leaders of Tomorrow Alumni Series: 10 Years of Empowering Future Executive
Carmony Wong joins Josh Landau, IIS President, to revisit the impact of the RGA Leaders of Tomorrow program on her career—from her beginnings as a scientist to leading teams and managing a business. Carmony further explores the importance of mentorship and giving back to the next generation.
Longevity Unlocked: Retiring In the Age of Aging
Presented by Oliver Wyman
What are the challenges created by global aging and the shifting of the retirement burden onto individuals? Oliver Wyman’s 2024 Global Wealth and Asset Management edition with Morgan Stanley explores the global industry outlook and how the industry can capture the $400 billion incremental revenue opportunity arising from these dynamics.
Global IT Outage – Airline Industry: Cyber and Turbulence Risk
David Piesse, CRO, Cymar; IIS Executive Insights Cyber Expert
On July 19, 2024, a global IT outage disrupted businesses, public services, and users worldwide, becoming one of the most significant cyber events in recent history. Though not a cyberattack, the outage was triggered by a basic error—patching a computer kernel without verifying configuration. This incident highlights the need for improved mitigation strategies to prevent similar issues in the future.
Global Life and Health Insurance Mergers and Acquisitions (M&A)
Milliman’s annual analysis looks at recent life and health insurance transaction activity across the globe, focusing on deals in North America, Europe, Asia, and Latin America.
