Last week I was on the road chairing our second InsiderTech New York event. I then hopped over to Bermuda to chair a roundtable and attend the EY Global (Re)insurance Outlook.
The (re)insurance industry needs to be targeting a loss ratio in the 70s and a combined ratio in the mid-90s if it is to stay relevant, according to Axis CEO Albert Benchimol.
The insurance industry must stop seeking excuses for a lack of reform and improve its value proposition if it is to prosper and stay relevant in an age of radical technological change, prominent CEOs have agreed.