Big Data for Insurance Industry A perspective from Swiss Re

Size: px
Start display at page:

Download "Big Data for Insurance Industry A perspective from Swiss Re"

Transcription

1 Big Data for Insurance Industry A perspective from Swiss Re Fredi Lienhardt, Manager Big Data & Smart Analytics Centre, Swiss Re 01 July 2014, Rüschlikon Picture Copyright: thep urai/shutterstock everything possible/shutterstock

2 Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

3 Why are companies investing so much into "big" data? Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July Picture Copyright: thep urai/shutterstock everything possible/shutterstock

4 Swiss Re at Glance Insurance Value Chain Examples Challenges and Opportunities Q&A Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

5 Swiss Re Swiss Re is a leading and highly diversified global re/insurance company 150 years of experience in providing wholesale re/insurance and risk management solutions Headquarters, Zurich We deliver both traditional and innovative offerings in Property & Casualty and Life & Health that meet our clients' needs Armonk, New York A pioneer in insurance-based capital market solutions, we combine financial strength and unparalleled expertise for the benefit of our clients The Gherkin, London Our financial strength is currently rated: Standard & Poor s: AA-/stable; Moody s: Aa3/stable; A.M. Best: A+/stable Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

6 Swiss Re is broadly diversified by geography and product line Net premiums earned (USD 28.8 bn) by region (in USD bn) and by business segment: Corporate Solutions 10% Admin Re 5% Americas 40% Europe Asia (incl. Middle East /Africa) 39% 21% L&H Re 35% P&C Re 50% Swiss Re benefits from geographic and business mix diversification and has the ability to reallocate capital to achieve profitable growth 1 Includes fee income from policyholders Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

7 Rating / Brand Products & Services Capacity Price Insights Swiss Re Insurer Insured Added Value? Share of Wallet Client Retention New Clients Strengthened Brand Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

8 Big Data is important for the insurance industry because insurance is an information based business! Big Data enables to Customized Products and Segmentation To get a better understanding of our clients Risk Assessment To improve our risk assessment Claims Fraud Detection To improve the fraud detection in Claims Emerging Risks To detect and address new risks Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July 2014 Picture Copyright: 8 thep urai/shutterstock everything possible/shutterstock

9 Predictive UW for life insurance & critical illness Context The Problem In late 2013, Aviva & RBS successfully launched "pre-approved" life insurance with Swiss Re's predictive underwriting model. They now wish to extend this to Critical Illness We do not know yet now if a predictive model for critical illness will be as strong as for mortality risk. Moreover we want to build-up the predictive modelling skills in Swiss Re Hypothesis An updated & stronger Life model works together with our first ever Critical Illness model in order to enable the "pre-approved" process for both products Approach 1 Data Extraction 2 Predictive Modelling 3 Replicability Swiss Re Overview Insurer UW Data Analytics Propensity to be healthy Bancassurance Banking Data Pre-approved customers Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

10 Business Model Business value? Business processes? Ethics? Data Availability Adequacy Reliability Compliancy Risk Analytics Multitude of different skills IP Technology Tools Infrastructure Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July 2014 Picture Copyright: 10 thep urai/shutterstock everything possible/shutterstock

11 So how will data impact the insurance landscape? Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

12 The L&H insurance angle Big Data im Gesundheitswesen Séverine Rion Logean, SwissRe Life & Health R&D Europe

13 The digitized human being Eric J. Topol, Cell 2014 Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

14 Digital epidemiology Obesity trend on Twitter, 2013 Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

15 Data trading? Larry Page, CEO of Google on TED, March 2014 Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

16 Insurance: a pioneer in health data investigation and evaluation Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

17 Evidence based data for insurance Challenge: Contract at one point in time for +/-30 y No option for withdrawal form contract Individual data at pre-symptomatic status Importance of epidemiological data! e.g. Cardiovascular risk: Blood pressure Lipid level Medical diagnosis, treatment and prognosis Insurance conditions and premium Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

18 The obesity paradox Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

19 As more data is collected, with re/insurers often at the forefront of studies, coverage for those with HIV is being extended across the world Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

20 Learn from anonymised data pool Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

21 Learn from anonymised data pool Collection of prospective data (longitudinal observation of cohort over time) FAIR risk assessment (assess probability of a given event to happen) Collect data over a long period of time 'Average' population (no selection) Possibility of segmented informed consent for individuals Importance of data standardisation Also 'messy' data is of value Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

22 THANK YOU! Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

23 Appendix Big Data & Smart Analytics Jahresfachtagung 2014 in Wien 19 Juni

24 Swiss Re takes data protection and privacy concerns very seriously by integrating Legal & Compliance checkpoints in our big data portfolio mgmt. process BD&SA Portfolio Management Process Collect Ideas Verify Ideas Opportunities Establish Pilots BD&SA Information and Analytics Requests Service Request Verify Information Information Exploitation Provide Solutions BD&SA Legal & Compliance Checkpoints A B C D Self-assessment Legal assessment Risk mitigation Compliance-by- Design Involvement Level of Legal & Compliance Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

25 BD&SA Casualty Treaty UW Pilot Context The Problem Hypothesis Limited information on covered risks in Liability Treaty (Traditionally, policy information is provided but little information about insured risks) We fully rely on client's risk assessment (To assess risk ourselves, need properties of insured companies the clients don't give) BD&SA methods can be key to help solving this problem (By closing the risk information gap) Approach 1 Data 2 Predictive 3 Gathering Modelling Scalability Insurer Submission Swiss Re Costing Overview Analytics External Data Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

26 Swiss Re Big Data & Smart Analytics Centre Big Data im Gesundheitswesen 01 July

Managing weather risk with financial market tools

Managing weather risk with financial market tools Managing weather risk with financial market tools Weather events don t have to be catastrophic to hurt your business Energy Risk Central & Eastern Europe Warsaw 10 November 2011 Stuart Brown, Swiss Re

More information

Growing Insurance Leads: The Future of Tracking, Measuring, and Analyzing Your Lead Spend

Growing Insurance Leads: The Future of Tracking, Measuring, and Analyzing Your Lead Spend !! Wifi Access Code: leadspedia Follow Us: #leadscon!! TUESDAY, 2:00 2:40 PM!! Growing Insurance Leads: The Future of Tracking, Measuring, and Analyzing Your Lead Spend MODERATOR: Ian Smith, VP of Operations,

More information

Hannover Re - before and after the crisis. Roland Vogel CFO

Hannover Re - before and after the crisis. Roland Vogel CFO Roland Vogel CFO Bank of America Merrill Lynch, 16th Annual Banking & Insurance CEO Conference London, 6 October 211 HR Group Diversification Opport. & cycle man. non-life R/I S'what different L/H R/I

More information

UBS Global Financials Conference

UBS Global Financials Conference UBS Global Financials Conference George Culmer, Group CFO Simon Lee, CEO International 11 May 21 AGENDA Overview George Culmer, CFO UK International Simon Lee, CEO International Emerging Markets Wrap up

More information

AXA INVESTMENT MANAGERS

AXA INVESTMENT MANAGERS AXA INVESTMENT MANAGERS Entering a new phase of growth Investor Day November 20, 2014 Andrea ROSSI CEO AXA Investment Managers Member of the AXA Group Executive Committee Certain statements contained herein

More information

Building an Asian Transaction Banking Franchise

Building an Asian Transaction Banking Franchise Building an Asian Transaction Banking Franchise Tom McCabe Global Head, GTS September 2012 Disclaimer: The information contained in this document is intended only for use during the presentation and should

More information

Growth and profit opportunities in Hannover Re's longevity business. Klaus Miller Member of the Executive Board

Growth and profit opportunities in Hannover Re's longevity business. Klaus Miller Member of the Executive Board Growth and profit opportunities in Hannover Re's longevity business Klaus Miller Member of the Executive Board 14th International Investors' Day Hannover, 23 June 2011 Current status Enhanced annuities

More information

Munich Re Group Turning risk into value

Munich Re Group Turning risk into value Munich Re Group Dresdner Kleinwort 9th German Investment Seminar New York Nikolaus von Bomhard Chairman of the Board of Management 9 January 2007 A world leading reinsurer with a significant primary insurance

More information

Tyser & Co Limited - Strategic SWOT Analysis Review

Tyser & Co Limited - Strategic SWOT Analysis Review Brochure More information from http://www.researchandmarkets.com/reports/3035644/ Tyser & Co Limited - Strategic SWOT Analysis Review Description: Tyser & Co Limited - Strategic SWOT Analysis Review provides

More information

Reinsurance in Europe: The role of Swiss Re a global reinsurer in Switzerland

Reinsurance in Europe: The role of Swiss Re a global reinsurer in Switzerland Reinsurance in Europe: The role of Swiss Re a global reinsurer in Switzerland Agostino Galvagni, Swiss Re Content Reinsurance and its value proposition Current reinsurance challenges Swiss Re s role in

More information

Finding New Opportunities with Predictive Analytics. Stephanie Banfield 2013 Seminar for the Appointed Actuary Session 4 (Life)

Finding New Opportunities with Predictive Analytics. Stephanie Banfield 2013 Seminar for the Appointed Actuary Session 4 (Life) Finding New Opportunities with Predictive Analytics Stephanie Banfield 2013 Seminar for the Appointed Actuary Session 4 (Life) Agenda First a Story What is Predictive Analytics? Predictive Underwriting

More information

Insurance in Asia-Pacific The CIO Perspective

Insurance in Asia-Pacific The CIO Perspective Insurance in Asia-Pacific The CIO Perspective May 12, 2015 KyongSun Kong Analyst, Celent Asian Financial Services Group kkong@celent.com A recording of today s webinar and copy of the presentation will

More information

Business Process Outsourcing Life Insurance

Business Process Outsourcing Life Insurance Business Process Outsourcing Life Insurance Life Insurance Challenges Life Insurers are facing market shrinkage, increased customer volatility, cost pressure and ageing IT systems MARKET Dampened demand

More information

BIG DATA and Opportunities in the Life Insurance Industry

BIG DATA and Opportunities in the Life Insurance Industry BIG DATA and Opportunities in the Life Insurance Industry Marc Sofer BSc FFA FIAA Head of Strategic Initiatives North Asia & India RGA Reinsurance Company BIG DATA I keep saying the sexy job in the next

More information

Aon Risk Solutions. Life Sciences Practice. Providing End-to-End Solutions for Life Sciences Companies. Risk. Reinsurance. Human Resources.

Aon Risk Solutions. Life Sciences Practice. Providing End-to-End Solutions for Life Sciences Companies. Risk. Reinsurance. Human Resources. Aon Risk Solutions Life Sciences Practice Providing End-to-End Solutions for Life Sciences Companies Risk. Reinsurance. Human Resources. 1 The Life Cycle Risk Continuum An overview of industry-specific

More information

Hannover Re - growth opportunities despite the crisis? Dr. Michael Pickel Member of the Executive Board

Hannover Re - growth opportunities despite the crisis? Dr. Michael Pickel Member of the Executive Board Hannover Re - growth opportunities despite the crisis? Dr. Michael Pickel Member of the Executive Board 9th WestLB Deutschland Conference Frankfurt, 16 November 211 HR Group Diversification Opport. & cycle

More information

Intercona Re - Nestlé s Captive. The successful use of a captive as a loss prevention enabler

Intercona Re - Nestlé s Captive. The successful use of a captive as a loss prevention enabler Intercona Re - Nestlé s Captive The successful use of a captive as a loss prevention enabler Andrew R. Bradley Head of Group Risk Services, Nestec Ltd and CEO of Intercona Re Our World 2 Our ambition Enhancing

More information

motor consulting services Added value for motor insurers

motor consulting services Added value for motor insurers motor consulting services Added value for motor insurers Through use of the Motor Consulting Unit, our customers benefit not only from sound reinsurance solutions for their individual risk profiles, but

More information

Schroders Insurance-Linked Securities

Schroders Insurance-Linked Securities May 2014 For professional investors or advisers only. Not suitable for retail clients. Schroders Insurance-Linked Securities Advised by Secquaero Advisors AG Schroders Insurance-Linked Securities 1 Why

More information

Captive & Insurance Management

Captive & Insurance Management Aon Risk Solutions Global Risk Consulting Captive & Insurance Management Location of captive parent company 500+ captives 250-500 captives 51-249 captives 10-50 captives

More information

Munich Re Group Merrill Lynch CEO Banking & Insurance Conference

Munich Re Group Merrill Lynch CEO Banking & Insurance Conference Merrill Lynch CEO Banking & Insurance Conference Growth Opportunities Post Crisis? i Nikolaus von Bomhard Chairman of the Board of Management 8 October 2008 Agenda Munich Re well positioned during capital

More information

INSURANCE INDUSTRY LEADERS LAUNCH MICRO INSURANCE CONSORTIUM. Collaborative Innovation Serves the Risk Management Needs

INSURANCE INDUSTRY LEADERS LAUNCH MICRO INSURANCE CONSORTIUM. Collaborative Innovation Serves the Risk Management Needs NEWS RELEASE Media Contact: Edward L. Dandridge Marsh & McLennan Companies +1 212 345 9751 ed.dandridge@mmc.com Investor Contact: Keith Walsh Marsh & McLennan Companies +1 212 345 0057 keith.walsh@mmc.com

More information

Marsh Canada Limited The Captive Concept

Marsh Canada Limited The Captive Concept Marsh Canada Limited The Captive Concept A preliminary insight into the rationale behind the formation of a captive insurance company 2 The Captive Concept Marsh Canada Limited What is a Captive? A captive

More information

Conference Call on Interim Report 3/2015

Conference Call on Interim Report 3/2015 Conference Call on Interim Report 3/2015 Hannover, 4 November 2015 Strong nine-month result Group net income increased by 13% Group Gross written premium: EUR 12,946 m. (+20.9%) Net premium earned: EUR

More information

Synergic Partners: Spanish big-data pioneer

Synergic Partners: Spanish big-data pioneer Synergic Partners: Spanish big-data pioneer Analyst: Katy Ring 20 Mar, 2015 Synergic Partners offers a services portfolio around data engineering, big data and data science. The company focuses on business

More information

Specialty Insurance Where Are We Headed?

Specialty Insurance Where Are We Headed? 2013 PLUS D&O Symposium Specialty Insurance Where Are We Headed? David Cash Endurance Specialty New York - February 6-7, 2013 Keynote Outline 1. Who are the Specialty Companies? 2. Economic drivers for

More information

Aviva General Insurance Digital, analytics and opportunities to grow underwriting profits

Aviva General Insurance Digital, analytics and opportunities to grow underwriting profits Aviva General Insurance Digital, analytics and opportunities to grow underwriting profits Maurice Tulloch Chairman Global, General Insurance and CEO, UK&I GI 49 Aviva General Insurance at a glance Cash

More information

Old Mutual Acquisition of United Asset Management. 19 June 2000

Old Mutual Acquisition of United Asset Management. 19 June 2000 Old Mutual Acquisition of United Asset Management 19 June 2000 0 Speakers Johannesburg Mike Levett Old Mutual - Chairman and C.E.O. London Eric Anstee Old Mutual - Group Finance Director Boston James F.

More information

Homeowners ROE Outlook 2013 Update

Homeowners ROE Outlook 2013 Update Homeowners ROE Outlook 2013 Update Empower Results Homeowners: Improving Outlook, Growing Opportunities Aon Benfield Analytics annual review of homeowners rate changes and industry reported financial results

More information

Insurance Solutions. 17 October 2013. Risk Solutions

Insurance Solutions. 17 October 2013. Risk Solutions Insurance Solutions 17 October 2013 FORWARD LOOKING STATEMENTS This presentation contains forward looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, and

More information

Asian Non Life Markets - Challenges and opportunities

Asian Non Life Markets - Challenges and opportunities Investor Day 2012 Asian Non Life Markets - Challenges and opportunities Gary Crist CEO Ageas Asia INVESTOR DAY 2012 Asian Non-Life Markets Challenges and Opportunities Conclusions China South Korea Taiwan

More information

2011-2015. Sample-Global Big Data Market in the Healthcare Sector. technavio insights

2011-2015. Sample-Global Big Data Market in the Healthcare Sector. technavio insights 1 technavio insights About TechNavio Technavio is the research platform of Infiniti Research. Infiniti Research provides actionable market intelligence to leading companies worldwide. A team of 120 analysts

More information

Predictive Analytics. Helping you uncover valuable insights and develop effective business strategies

Predictive Analytics. Helping you uncover valuable insights and develop effective business strategies Predictive Analytics Helping you uncover valuable insights and develop effective business strategies Predictive Analytics Helping you uncover valuable insights and develop effective business strategies.

More information

Strategic Growth. Enduring Trust.

Strategic Growth. Enduring Trust. Strategic Growth. Enduring Trust. A Balanced Portfolio for Lasting Success Founded in 1998, AmTrust Financial Services, Inc. was created to provide insurance products to small businesses. Through smart

More information

Morgan Stanley 10th Annual European Financials Conference. Mark Wilson Chief Executive Officer. March 2014

Morgan Stanley 10th Annual European Financials Conference. Mark Wilson Chief Executive Officer. March 2014 Morgan Stanley 10th Annual European Financials Conference Mark Wilson Chief Executive Officer March 2014 1 Disclaimer Cautionary statements: This should be read in conjunction with the documents filed

More information

Point of View. Taking Risks in Life Insurance. Financial Services

Point of View. Taking Risks in Life Insurance. Financial Services Financial Services Point of View Taking Risks in Life Insurance Authors: Bernhard Kotanko, Head of EMEA Insurance Simon Grout, Partner Rouget Pletziger, Senior Manager Risk is back in fashion. We have

More information

A Business Guide to the European Union Environmental Liability Directive

A Business Guide to the European Union Environmental Liability Directive Aon Risk Solutions Environmental Services Group A Business Guide to the European Union Environmental Liability Directive Risk. Reinsurance. Human Resources. 2 Bridging the Gap in Corporate Environmental

More information

Innovation Translating ideas into business

Innovation Translating ideas into business Image: David Malan / Getty Images Innovation Translating ideas into business Monte Carlo, 13 September 2015 Torsten Jeworrek, Thomas Blunck Agenda 1 Global reinsurance landscape Torsten Jeworrek 2 Munich

More information

FLEXIBILITY SCALABILITY CONFIGURABILITY RISKMASTER ACCELERATOR IMPROVE SERVICE REDUCE COSTS COMPETE EFFECTIVELY

FLEXIBILITY SCALABILITY CONFIGURABILITY RISKMASTER ACCELERATOR IMPROVE SERVICE REDUCE COSTS COMPETE EFFECTIVELY RISKMASTER ACCELERATOR IMPROVE SERVICE REDUCE COSTS COMPETE EFFECTIVELY FLEXIBILITY SCALABILITY CONFIGURABILITY FOR PROPERTY AND CASUALTY INSURANCE COMPANIES RISKMASTER ACCELERATOR FOR FAST, FLEXIBLE CLAIMS

More information

Trends in Insurance Channels

Trends in Insurance Channels Insurance the way we see it Trends in Insurance Channels Key emerging business and technology trends across channels to better reach your insurance customers and improve operational performance Contents

More information

Allianz Insurance UK. Jon Dye CEO Allianz Insurance UK. Inside Allianz Series London, June 19, 2015

Allianz Insurance UK. Jon Dye CEO Allianz Insurance UK. Inside Allianz Series London, June 19, 2015 Allianz Insurance UK Jon Dye CEO Allianz Insurance UK Inside Allianz Series London, June 19, 2015 Allianz Insurance UK UK at a glance Key data 2014 Population: 64.5mn GDP (GBP): 1,758bn GDP growth: 2.6%

More information

Conference Call on Interim Report 3/2014

Conference Call on Interim Report 3/2014 Conference Call on Interim Report 3/2014 Hannover, 5 November 2014 Strong nine-month result Group net income increased by 10.3% Group Gross written premium: EUR 10,704 m. (+1.6%) Net premium earned: EUR

More information

Welcome to Hannover Re's Analysts' Conference. Annual Results 2014

Welcome to Hannover Re's Analysts' Conference. Annual Results 2014 Welcome to Hannover Re's Analysts' Conference Annual Results 2014 London, 10 March 2015 Record result fuelled by both business groups Group net income increased by 10.1%; dividend proposal of EUR 4.25

More information

Impact Investing TAILORED, TRANSPARENT SOLUTIONS

Impact Investing TAILORED, TRANSPARENT SOLUTIONS We set the standard for Impact Investing and are the first-choice partner for asset owners seeking to understand and control their global impact. Build your impact strategy with us - see inside for details.

More information

Delivering sustainable global growth

Delivering sustainable global growth Delivering sustainable global growth Driving profits by growing third party assets Keith Skeoch CEO, Standard Life Investments This presentation may contain certain forward-looking statements with respect

More information

Liberty s earnings surge 38% as key businesses grow market share. Liberty performance demonstrates strong platform for growth

Liberty s earnings surge 38% as key businesses grow market share. Liberty performance demonstrates strong platform for growth Press Release Liberty s earnings surge 38% as key businesses grow market share Financial highlights 2012 BEE normalised headline earnings per share up 39% to 1328.3cps BEE normalised group equity value

More information

INSURANCE RATING METHODOLOGY

INSURANCE RATING METHODOLOGY INSURANCE RATING METHODOLOGY The primary function of PACRA is to evaluate the capacity and willingness of an entity / issuer to honor its financial obligations. Our ratings reflect an independent, professional

More information

Credit Suisse Private Banking: Strategy update

Credit Suisse Private Banking: Strategy update Credit Suisse Private Banking: Strategy update Martin Mende Head Business Development Private Banking 2009 Zurich, November 16, 2009 Cautionary statement Cautionary statement regarding forward-looking

More information

Z Protect Home. A decreasing term assurance. Zurich Life Singapore

Z Protect Home. A decreasing term assurance. Zurich Life Singapore Z Protect Home A decreasing term assurance Zurich Life Singapore Know with certainty that your family will always have a home. A home is more than the bricks and mortar that it is built with, and it is

More information

Investors Day 2015 Swiss Life International. Nils Frowein, CEO International Zurich, 25 November 2015

Investors Day 2015 Swiss Life International. Nils Frowein, CEO International Zurich, 25 November 2015 Investors Day 2015 Swiss Life International Nils Frowein, CEO International Zurich, 25 November 2015 Swiss Life International 2018 Strong, sustainable growth of fee result leads Swiss Life International

More information

Liberty Africa Insurance

Liberty Africa Insurance Highlights Opened a life insurance business in Zambia Liberty Online was implemented in three countries and enhanced business integration in East A new short-term administration system was implemented

More information

> Cognizant Analytics for Banking & Financial Services Firms

> Cognizant Analytics for Banking & Financial Services Firms > Cognizant for Banking & Financial Services Firms Actionable insights help banks and financial services firms in digital transformation Challenges facing the industry Economic turmoil, demanding customers,

More information

4finance investor presentation for 9 month 2015 results. 10 November, 2015

4finance investor presentation for 9 month 2015 results. 10 November, 2015 4finance investor presentation for 9 month 2015 results 10 November, 2015 0 meur meur Highlights Strong performance across the business Loan issuance up 33% Revenue up 39%, growth in all countries Net

More information

Investors Day 2012 Swiss Life Asset Managers. Patrick Frost, Group Chief Investment Officer Zurich, 28 November 2012

Investors Day 2012 Swiss Life Asset Managers. Patrick Frost, Group Chief Investment Officer Zurich, 28 November 2012 Investors Day 2012 Swiss Life Asset Managers Patrick Frost, Group Chief Investment Officer Zurich, 28 November 2012 Key messages Swiss Life Asset Managers aims to significantly increase its external customer

More information

Zurich Captive Services. Help take care of your people and business together

Zurich Captive Services. Help take care of your people and business together Zurich Captive Services Help take care of your people and business together Zurich Captive Services Release the true value of your captive Captives have long helped large multinational companies to finance

More information

The Short-Term Insurance Industry: Organising by Common Capability

The Short-Term Insurance Industry: Organising by Common Capability The Short-Term Insurance Industry: Organising by Common Capability How and why short-term insurance organisations are consolidating common capabilities Contents Introduction 3 Legacy Organisational Structures

More information

ABOUT PACIFIC LIFE RE

ABOUT PACIFIC LIFE RE ABOUT PACIFIC LIFE RE WHO WE ARE? We are a life reinsurance company working with our clients to manage their mortality, morbidity and longevity risk. We have built a strong, experienced team with a reputation

More information

AMA. e-mpowering YOUR BUSINESS TODAY FOR TOMORROW INSURANCE SOLUTIONS

AMA. e-mpowering YOUR BUSINESS TODAY FOR TOMORROW INSURANCE SOLUTIONS Phone No: +44.1900.220.760 Email: treaty@amainsurancesolutions.com Website: www.amainsurancesolutions.com ABOUT With a strong and experienced team, Solutions knows what the International Business community

More information

As of July 1, 2013. Risk Management and Administration

As of July 1, 2013. Risk Management and Administration Risk Management Risk Control The ORIX Group allocates management resources by taking into account Group-wide risk preference based on management strategies and the strategy of individual business units.

More information

Modelling and Management of Tail Risk in Insurance

Modelling and Management of Tail Risk in Insurance Modelling and Management of Tail Risk in Insurance IMF conference on operationalising systemic risk monitoring Peter Sohre, Head of Risk Reporting, Swiss Re Washington DC, 27 May 2010 Visit of ntuc ERM

More information

Recent Trends in the Australian Disability Income Protection Insurance Market

Recent Trends in the Australian Disability Income Protection Insurance Market White Paper Recent Trends in the Australian Disability Income Protection Insurance Market Are There Lessons for Other Markets? FINEOS Copyright 2014 www.fineos.com Over the last two years the quarterly

More information

EMEA CRM Analytics Suite Magic Quadrant Criteria 3Q02

EMEA CRM Analytics Suite Magic Quadrant Criteria 3Q02 Decision Framework, J. Radcliffe Research Note 26 September 2002 EMEA CRM Analytics Suite Magic Quadrant Criteria 3Q02 Europe, the Middle East and Africa Customer Relationship Management Analytics Suite

More information

Guidance Note GGN 220.6 Insurance Risk

Guidance Note GGN 220.6 Insurance Risk Guidance Note GGN 220.6 Insurance Risk 1. An insurer s risk management framework must address insurance risk. 2. Insurance risk may be defined as the risk that inadequate or inappropriate underwriting,

More information

Data Center Security Market by Solution, by Services, by Data Center Types and by Region - Global Forecast to 2020

Data Center Security Market by Solution, by Services, by Data Center Types and by Region - Global Forecast to 2020 Brochure More information from http://www.researchandmarkets.com/reports/3150393/ Data Center Security Market by Solution, by Services, by Data Center Types and by Region - Global Forecast to 2020 Description:

More information

Reinsurance 101: How it Works and the Impact on the Marketplace

Reinsurance 101: How it Works and the Impact on the Marketplace Reinsurance 101: How it Works and the Impact on the Marketplace Kathleen A. McCullough Associate Professor and State Farm Professor Florida State University 2012 Oklahoma Domestic Conference May 23, 2012

More information

BMW AUTOMOTIVE FINANCE CHINA

BMW AUTOMOTIVE FINANCE CHINA BMW Automotive Finance China BMW AUTOMOTIVE FINANCE CHINA UWE STADTLER, MANAGING DIRECTOR & CEO Segment Financial Services BMW GROUP FINANCIAL SERVICES AN ESSENTIAL PART OF OUR VALUE CHAIN. BMW Group the

More information

2013 Insurance Megatrends Survey Final Results

2013 Insurance Megatrends Survey Final Results 2013 Insurance Megatrends Survey Final Results 2013 Towers Watson. All rights reserved. About the Study Towers Watson s 2013 Insurance Megatrends survey was fielded online from March 19 th through April

More information

Global Trends in Non-Life Insurance: Policy Administration

Global Trends in Non-Life Insurance: Policy Administration What you need to know NON-LIFE INSURANCE Global Trends in Non-Life Insurance: Policy Administration Key trends in policy administration and the implications for the non-life insurance industry Contents

More information

Bringing Big Data to Life

Bringing Big Data to Life Bringing Big Data to Life Four Opportunities for Insurers By Eric Brat, Paul Clark, Pranay Mehrotra, Astrid Stange, and Céline Boyer-Chammard Many insurance companies are tapping into large, fast-moving,

More information

Rating Action: Moody's assigns A3 IFSRs to Atradius, negative outlook

Rating Action: Moody's assigns A3 IFSRs to Atradius, negative outlook Rating Action: Moody's assigns A3 IFSRs to Atradius, negative outlook Global Credit Research - 25 Oct 2012 London, 25 October 2012 -- Moody's Investors Service has assigned A3 insurance financial strength

More information

Conference Call on Interim Report 2/2015

Conference Call on Interim Report 2/2015 Conference Call on Interim Report 2/2015 Hannover, 5 August 2015 20% increase in net profits 2015 Group net income guidance increased to ~EUR 950 m. Group Gross written premium: EUR 8,587 m. (+21.5%) Net

More information

Life & Protection. Scott Ham CEO. John Hunter COO. Analyst & Investor Conference

Life & Protection. Scott Ham CEO. John Hunter COO. Analyst & Investor Conference Life & Protection Scott Ham CEO John Hunter COO Analyst & Investor Conference New York City, December 2010 Key messages Grow profitable new sales Leverage expertise to increase recruiting and expand existing

More information

Solutions for Your Unique Healthcare Risk Management Challenges

Solutions for Your Unique Healthcare Risk Management Challenges Solutions for Your Unique Healthcare Risk Management Challenges Rising to Meet your Healthcare Challenges Beecher Carlson s National Healthcare Practice is acutely aware of what is ailing healthcare providers.

More information

Wealth Management presentation. Gunn Wærsted, Head of Wealth Management

Wealth Management presentation. Gunn Wærsted, Head of Wealth Management Wealth Management presentation Gunn Wærsted, Head of Wealth Management Wealth Management overview Strategic direction Wealth Management an area with strong financials, welladjusted to New Normal Share

More information

COMPENSATION GUIDE FOR US CLIENTS

COMPENSATION GUIDE FOR US CLIENTS COMPENSATION GUIDE FOR US CLIENTS ABOUT MARSH Marsh is a global leader in insurance broking and risk management. Marsh helps clients succeed by defining, designing, and delivering innovative industry-specific

More information

Thailand, Switzerland, Lebanon, China Life Insurance Key Opportunities 2018 Market Trends, Size, Share, Growth, Analysis, Industry and Forecasts

Thailand, Switzerland, Lebanon, China Life Insurance Key Opportunities 2018 Market Trends, Size, Share, Growth, Analysis, Industry and Forecasts MARKET RESEARCH STORE Thailand, Switzerland, Lebanon, China Life Insurance Key Opportunities 2018 Market Trends, Size, Share, Growth, Analysis, Industry and Forecasts Market Research Store included latest

More information

Phone: +44 20 8123 2220 Fax: +44 207 900 3970 office@marketpublishers.com https://marketpublishers.com

Phone: +44 20 8123 2220 Fax: +44 207 900 3970 office@marketpublishers.com https://marketpublishers.com Healthcare Analytics/Medical Analytics Market by Application (Clinical, PHM, Financial (RCM, Claim & Fraud), Supply Chain & HR), Type (Predictive), Delivery model (On-premise, Cloud), End-user (Payer,

More information

Life Insurance Corporation (Singapore)Pte Ltd UEN 201210695E MANAGEMENT REPORT 31/12/2014

Life Insurance Corporation (Singapore)Pte Ltd UEN 201210695E MANAGEMENT REPORT 31/12/2014 Life Insurance Corporation (Singapore)Pte Ltd UEN 201210695E MANAGEMENT REPORT 31/12/2014 LIFE INSURANCE CORPORATION (SINGAPORE) PTE. LTD. For the financial year from 1 January 2014 to 31 December 2014

More information

Medistim ASA First Quarter 2016. Kari E. Krogstad, President and CEO Thomas Jakobsen, CFO April 20th, 2016

Medistim ASA First Quarter 2016. Kari E. Krogstad, President and CEO Thomas Jakobsen, CFO April 20th, 2016 Medistim ASA First Quarter 2016 Kari E. Krogstad, President and CEO Thomas Jakobsen, CFO April 20th, 2016 2 Disclaimer The information included in this Presentation contains certain forward-looking statements

More information

Munich Re Group Acquisition of Sterling Life Insurance Company Important step for the International Health strategy

Munich Re Group Acquisition of Sterling Life Insurance Company Important step for the International Health strategy Munich Re Group Acquisition of Sterling Life Insurance Company Important step for the International Health strategy Media telephone conference Peter Choueiri Bob Trainer 17 December 2007 Acquisition rationale

More information

CGI Cyber Risk Advisory and Management Services for Insurers

CGI Cyber Risk Advisory and Management Services for Insurers CGI Cyber Risk Advisory and Management Services for Insurers Minimizing Cyber Risks cgi.com 3 As organizations seek to create value in today s highly interconnected world, they inherently increase their

More information

Claims Paying Ability Ratings for General Insurance Companies

Claims Paying Ability Ratings for General Insurance Companies Claims Paying Ability Ratings for General Insurance Companies ICRA's Claims Paying Ability Ratings (CPRs) for general insurance companies are opinions on their ability to honour policy-holder claims and

More information

Lloyd s : The world s specialist insurance market

Lloyd s : The world s specialist insurance market < Picture to go here > Lloyd s : The world s specialist insurance market Meet The Market San Francisco Glenn Dorr, Northeast Director, Lloyd s Lloyd s 1 1. What is Lloyd s? 2. What makes us unique? 3.

More information

Build stronger customer relationships in the digital world

Build stronger customer relationships in the digital world FusionBanking Essence PFM Software overview Build stronger customer relationships in the digital world Innovative, personalised digital banking solutions Personal Finance Management (PFM) functionality

More information

Conference Call on 1 Jan 2008 Non-Life Treaty Renewals

Conference Call on 1 Jan 2008 Non-Life Treaty Renewals Conference Call on 1 Jan 2008 Non-Life Treaty Renewals Hannover, 5 February 2008 Renewals Outlook Appendix IMPORTANT NOTE Unless otherwise stated, the renewals part of the presentation is based on underwriting-year

More information

1. Economic factors: Positive global market for IDS/IPS security solutions and services.

1. Economic factors: Positive global market for IDS/IPS security solutions and services. Brochure More information from http://www.researchandmarkets.com/reports/2831830/ Intrusion Detection System/Intrusion Prevention System (IDS/IPS) Market (Host Based, Network Based, Wireless, On-premise

More information

Streaming Analytics Market by Verticals - Worldwide Market Forecast & Analysis (2015-2020)

Streaming Analytics Market by Verticals - Worldwide Market Forecast & Analysis (2015-2020) Brochure More information from http://www.researchandmarkets.com/reports/3276778/ Streaming Analytics Market by Verticals - Worldwide Market Forecast & Analysis (2015-2020) Description: Streaming Analytics

More information

Enterprise Risk Management and the Chief Risk Officer

Enterprise Risk Management and the Chief Risk Officer 1 Enterprise Risk Management and the Chief Risk Officer SEAC Meeting - June 2006 Agenda Background, Goals & Objectives Enterprise Risk Management (ERM) Program Process Roles and Responsibilities Tools

More information

Remarks by George Quinn (slides 2 to 12), Chief Financial Officer of Zurich Insurance Group.

Remarks by George Quinn (slides 2 to 12), Chief Financial Officer of Zurich Insurance Group. Q1 Results 2015 Remarks by George Quinn (slides 2 to 12), Chief Financial Officer of Zurich Insurance Group. May 7, 2015 Slide 2: Key highlights Good morning or good afternoon. My name is George Quinn

More information

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London Health Care Worldwide Citi - European Credit Conference September 24, 2015 - London Safe Harbor Statement This presentation contains forward-looking statements that are subject to various risks and uncertainties.

More information

Prudential Practice Guide

Prudential Practice Guide Prudential Practice Guide GPG 240 Insurance Risk February 2006 www.apra.gov.au Australian Prudential Regulation Authority Disclaimer and copyright This prudential practice guide is not legal advice and

More information

Liability Claims Trends: Emerging Risks and Rebounding Economic Drivers

Liability Claims Trends: Emerging Risks and Rebounding Economic Drivers Liability Claims Trends: Emerging Risks and Rebounding Economic Drivers Roman Lechner 17 th Meeting of The Geneva Association s Annual Circle of Chief Economists Insurance Prospects in a Changing Risk

More information

Extending Core Systems for CAT Management

Extending Core Systems for CAT Management Extending Core Systems for CAT Management Session 271 Poll Which of the following best describes your role? Business Intelligence / Data / Analytics Catastrophe Management Claims Management Information

More information

Life Insurance Underwriting Pocket Guide

Life Insurance Underwriting Pocket Guide UW Pocket Guide_ Aug 2010.v2 8/9/2010 3:26 PM Page 1 Life Insurance Underwriting Pocket Guide The Company You Keep Agent use only UW Pocket Guide_ Aug 2010.v2 8/9/2010 3:26 PM Page 2 UW Pocket Guide_ Aug

More information

Capital management. Philip Scott, Group Finance Director

Capital management. Philip Scott, Group Finance Director Capital management Philip Scott, Group Finance Director Disclaimer This presentation may include oral and written forward-looking statements with respect to certain of Aviva s plans and its current goals

More information

2. The UK Life and Non-Life Insurance Market Size by Value, 2001-2015

2. The UK Life and Non-Life Insurance Market Size by Value, 2001-2015 TABLE OF CONTENTS 1. The UK Insurance Market Introduction 2. The UK Life and Non-Life Insurance Market Size by Value, 2001-3. The UK Life and Non-Life Insurance Density, Premium Per Capita, USD, 2001-4.

More information

Addressing the Middle Market Protection Gap. Online Distribution Kevin Pledge, CEO and Founder, Acceptiv

Addressing the Middle Market Protection Gap. Online Distribution Kevin Pledge, CEO and Founder, Acceptiv Addressing the Middle Market Protection Gap Online Distribution Kevin Pledge, CEO and Founder, Acceptiv How much personal protection life insurance (by policy count) will be sold online 5 years from now?

More information

Generali, Your Loyal Insurance Partner Since 1831

Generali, Your Loyal Insurance Partner Since 1831 Generali, Your Loyal Insurance Partner Since 1831 Generali Global Corporate & Commercial U.S.A generali.com 1 Assicurazioni Generali - Generali Global Corporate & Commercial U.S.A Generali. One of the

More information