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The Tony Blair Institute for Global Change (TBI) recently released a widely publicized report titled “The Climate Paradox”, which has garnered significant positive attention from outlets such as the Guardian, the BBC, the Financial Times, Bloomberg, and much of the European press.Beginning with the statement, “Climate action has reached an impasse,” the report, authored by Lindy Fursman (who holds a PhD in Sociology from UC Berkeley), outlines several key “facts” that have been effectively debunked by experts like Michael Liebreich in his Substack and Michael Barnard in Cleantechnica.The TBI concludes with a series of recommendations, the most prominent being the call to “accelerate and scale technologies that capture carbon, alongside significant investments in engineered carbon-dioxide removal technologies, including direct air capture (DAC) solutions”. To emphasize this message, the cover of TBI's report features an image of Climeworks' plant in Iceland. Climeworks, a Swiss engineering company with 500 employees, has received $800 million in equity and subsidies from major players such as Partners Group, the GIC (Singapore's sovereign wealth fund), Baillie Gifford (an early investor in Tesla), Swiss Re, and Microsoft.However, last week, Climeworks faced a major setback when it was revealed that despite receiving substantial funding, the company had only captured 105 tonnes of CO2—not 105,000, but just 105 tonnes (less than a single flight London – New York) —despite the strong backing of tech giants like Stripe, Microsoft and Shopify.This revelation has sparked widespread concern and warranted a prompt discussion with Laurent Segalen, Gerard Reid and Michael Barnard to assess the implications. The conversation will explore the credibility of the TBI's stance on energy, the broader potential of DAC, and whether this technology is, in fact, a case of "Deception, Amateurism, and Con."Links:Michael Liebreich substack:https://mliebreich.substack.com/p/why-tony-blair-needs-to-reset-hisMichael Barnard Cleantechnicahttps://cleantechnica.com/2025/05/05/tony-blairs-new-climate-reset-report-promotes-delay-not-action/https://cleantechnica.com/2025/05/15/climeworks-dac-fiscal-collapse-the-brutal-reality-of-pulling-carbon-from-the-sky/
With generative AI, engineering excellence and legacy system resilience all under one remit, what does it take to lead digital transformation at one of the world's largest reinsurers? In this episode, Robin Merttens is joined by Pravina Ladva, Group Chief Digital and Technology Officer at Swiss Re, to explore what it means to drive impact through innovation at scale. Pravina shares how Swiss Re is helping clients get more from their data, reduce underwriting time and prepare for a future shaped by new technologies. It's a conversation about strategy, change and what it really takes to turn curiosity into impact – without losing sight of operational fundamentals. Key Talking Points: Embracing GenAI responsibly – how Swiss Re encourages experimentation while prioritising outcomes From concept to scale – why small wins in underwriting can deliver real value for clients Beyond the hype – using traditional business cases to prioritise AI use cases Redefining talent – how today's underwriters and technologists are becoming one and the same From ingestion to insight – why data infrastructure still matters in an AI-native world Making the business case – why AI productivity gains must go beyond speed Building co-pilot confidence – what it takes to upskill thousands of employees globally Thinking top-down – how Swiss Re balances experimentation with bold, disruptive thinking From engineering to impact – how core IP and differentiated services shape tech investment What insurers need to consider – why translating technology into strategic value is the real differentiator If you like what you're hearing, please leave us a review on whichever platform you use or contact Robin Merttens on LinkedIn. You can also contact Pravina Ladva on LinkedIn to start a conversation! Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Measure the early productivity gains seen from AI-assisted engineering and claims assessment processes. Specify the criteria used by Swiss Re to prioritise AI and digital transformation use cases. Explain the role of talent development and cross-functional collaboration in enabling successful technology adoption. If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 356 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Natalie Kelly, head of life & health global underwriting, Swiss Re, explains why long-term health benefits from blood sugar regulators also depend on sustained behavior change, personalized underwriting and the strategic use of behavioral science.
Neil Sprackling, CEO of Life and Health Re US at Swiss Re, explores how breakthroughs in personalized medicine, metabolic health and early disease detection are transforming longevity expectations and underwriting in the insurance industry.
Have you ever wondered how the physical act of speaking can improve your communication? Kevin sits down with Michael Chad Hoeppner to discuss the physical nature of communication and exercises we can do to get better. Michael challenges our common assumptions about speaking, such as believing it's purely a mental activity. Instead, he introduces the concept of embodied cognition, explaining how communication is a physical activity involving over 100 muscles and should be approached like athletic training. Michael shares the science behind thought suppression and why focusing on "not saying um" is counterproductive. He also talks about the Five Ps of vocal variety (Pace, Pitch, Pause, Power, Placement) and how they impact your message. Listen For 00:00 Introduction and Episode Overview 02:00 Meet Michael Hoeppner 04:00 The Journey to Communication Coaching 08:00 The Physical Side of Communication 12:00 Why Thought Suppression Doesn't Work 16:00 Tips for Reducing Filler Words 20:00 Exercises for Clear Communication 24:00 The Five P's of Vocal Variety 28:00 Managing Nerves When Speaking 32:00 Final Thoughts and Book Information 35:00 Closing Remarks Michael's Story: Michael Chad Hoeppner is the author of Don't Say Um: How to Communicate Effectively to Live a Better Life. He is an adjunct professor at Columbia Business School and the CEO and president of GK Training, a firm dedicated to giving individuals, companies, and organizations the communication skills necessary to reach their highest goals in work and life. As an individual speaking coach, his clients include Andrew Yang, Swiss Re, Xerox, The Boston Consulting Group, Pfizer, Columbia University Business School, NYU Law School, Macy's, Special Olympics chairman Tim Shriver, and others. His expertise lies in every aspect of communication: public speaking, business development, executive presence, interpersonal agility, email skills, and speech writing. Hoeppner is one among the growing chorus of voices identifying the link between the physical aspects of spoken communication and broader issues of health and wellness. https://dontsayum.com/ https://www.linkedin.com/in/michaelchadhoeppner/ http://www.gktraining.com/ This Episode is brought to you by... Flexible Leadership is every leader's guide to greater success in a world of increasing complexity and chaos. Book Recommendations Don't Say Um: How to Communicate Effectively to Live a Better Life by Michael Chad Hoeppner Moby Dick by Herman Melville Like this? Mastering the Art of Public Speaking with John Bowe Join Our Community If you want to view our live podcast episodes, hear about new releases, or chat with others who enjoy this podcast join one of our communities below. Join the Facebook Group Join the LinkedIn Group Leave a Review If you liked this conversation, we'd be thrilled if you'd let others know by leaving a review on Apple Podcasts. Here's a quick guide for posting a review. Review on Apple: https://remarkablepodcast.com/itunes Podcast Better! Sign up with Libsyn and get up to 2 months free! Use promo code: RLP
In dieser Folge des EducationNewscast spricht Gabriel Schaepman, VP Talent & Culture bei Swiss Re, darüber, wie Generative KI die Lern- und Talententwicklung in einem globalen Unternehmen verändert. Gabriel teilt praxisnahe Einblicke, wie Tools wie ChatGPT, Copilot oder Perplexity im Alltag eingesetzt werden – nicht als Showcases, sondern um echte Business-Herausforderungen zu lösen. Er erklärt, wie KI heute schon Lernprogramme schneller, zielgerichteter und individueller macht – und gibt Tipps, wie Unternehmen den Einstieg schaffen, ohne in typische Umsetzungsfallen zu tappen. Freut euch auf: Konkrete Use Cases aus dem Learning & Development bei Swiss Re Eine kritische Auseinandersetzung mit Chancen und Risiken von GenAI in HR Erfahrungswerte zu Veränderungsprozessen, Tech-Adoption und Reifegraden Eine neue Rubrik: die “Unpopular Opinion” – dieses Mal zum Zusammenhang von KI-Nutzung und dem Alter von Mitarbeitenden Ein Muss für alle, die verstehen wollen, wie GenAI HR und L&D messbar verändert – kompakt, fundiert und mit einer guten Portion Klartext. Jetzt reinhören!
Die Themen im heutigen Versicherungsfunk Update sind: Neue E-Rechnungspflicht erhöht Cyberrisiken für Unternehmen Seit Januar 2025 müssen Unternehmen E-Rechnungen empfangen können, ab 2028 gilt dies auch für den Versand. Die neue Pflicht birgt laut dem Konzern Versicherungskammer jedoch erhöhte Cyberrisiken, da Hacker manipulierte Rechnungen und kompromittierte E-Mail-Konten nutzen könnten. Ex-CEO von SwissRe geht zu Metlife Metlife hat Christian Mumenthaler mit Wirkung zum 1. Mai 2025 in den Verwaltungsrat berufen. Mumenthaler war acht Jahre lang CEO der Swiss Re und bringt über 25 Jahre Branchenerfahrung mit. Metlife-CEO Michel Khalaf betont seine strategische Vision und umfassende Expertise in der Versicherungs- und Rückversicherungsbranche als wertvolle Bereicherung für die Umsetzung der Unternehmensstrategie. Fonds Finanz entlastet Makler mit KI-Angebot Die Fonds Finanz unterstützt Vermittler dabei, künstliche Intelligenz in ihre Arbeitsabläufe zu integrieren, um Prozesse im Maklerbüro effizienter und zeitsparender zu organisieren und zu automatisieren. Vertriebspartner des Maklerpools, die sich auf der Automatisierungsplattform Make.com registrieren, können in Zukunft Module der Fonds Finanz und Professional works nutzen sowie auf den Fonds Finanz AI-Hub zugreifen. Damit lassen sich je nach Bedarf einfache, aber auch komplexere Unternehmensprozesse abbilden und verfügbare Templates einsetzen. R+V Versicherung wächst 2024 um 5,4 % Die R+V Versicherung steigert 2024 ihre Beitragseinnahmen um 5,4 % auf rund 21 Milliarden Euro und wächst in allen Sparten. Im deutschen Erstversicherungsgeschäft legte das Beitragsvolumen um 2,8 % auf 16 Milliarden Euro zu. Für 2025 plant R+V die Fortsetzung des Wachstumskurses und fordert von der neuen Bundesregierung dringend nötige Reformen. Hiscox steigert Gewinn 2024 auf 685,4 Mio. USD Hiscox erzielt 2024 einen Rekordgewinn vor Steuern von 685,4 Mio. USD, was einem Anstieg von 9,5 % im Vergleich zum Vorjahr entspricht. Die Eigenkapitalrendite lag bei 19,8 %. Die gebuchten Bruttobeiträge stiegen um 3,7 % auf 4.766,9 Mio. USD, vor allem durch Wachstum im Retail-Geschäft. Die Combined Ratio verbesserte sich auf 89,2 %. Die Dividende wurde um 14,9 % erhöht, zudem erfolgte ein Aktienrückkauf in Höhe von 175 Mio. USD. Stuttgarter schreibt bAV-Preis 2025 aus Bereits zum 14. Mal vergibt die Stuttgarter Lebensversicherung a.G. den renommierten "Stuttgarter bAV-Preis". Die Ausschreibung richtet sich an Absolventen mit herausragenden wissenschaftlichen Arbeiten zur betrieblichen Altersversorgung. Einsendeschluss ist der 21. März 2025, die Preisverleihung findet am 10. April 2025 in Dortmund statt.
APAC stocks followed suit to the mixed performance stateside for most of the session after tariff-related confusion and NVIDIA's earnings.US equity futures eked slight gains in predominantly uneventful trade but were indecisive and immediately fluctuated post-NVIDIA (-1.5% aftermarket) earnings despite the AI darling beating on top and bottom lines.White House still plans to implement 25% tariffs on imports from Canada and Mexico next week, at least for now — despite comments from US President Trump that raised hopes of another delay, according to Axios.US President Trump said he will be announcing tariffs on the EU very soon and that the EU can try to retaliate on tariffs, as well as noted that EU tariffs are to be 25% on autos and other things.European equity futures indicate a lower cash market open with Euro Stoxx 50 futures down 0.5% after the cash market closed with gains of 1.5% on Wednesday.Looking ahead, highlights include French Producer Prices, Spanish CPI, Germany Unemployment, EZ Sentiment, US Durable Goods, GDP 2nd Estimate (Q4), Core PCE Prices (Q4), Jobless Claims, Japanese Tokyo CPI, Retail Sales, ECB Minutes, Speakers include Fed's Barkin, Schmid, Barr, Bowman, Hammack & Harker, Supply from Italy & UK, Earnings from Vistra Energy, Norwegian Cruise Line, Dell, Swiss Re, AXA, Technip Energies, Ocado, Aviva, Rolls Royce, Taylor Wimpey, Beiersdorf & Eni.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
La industria europea del automóvil vive una sesión de caídas tras el anuncio de aranceles del presidente Trump: Volvo, Stellantis, BMW, Mercedes y Volkswagen están entre las más castigadas. Rolls-Royce, por su parte, anuncia un aumento del 55% en su beneficio anual de 2024, impulsado por el aumento del tráfico de aviones de larga distancia y su programa de reducción de costes. La francesa Veolia se apuntó unas ganancias de 1.098 millones de euros en 2024, lo que representa una variación anual del 17,1% mientras que la británica Ocado toca fondo en el FTSE de empresas de mediana capitalización . Axa anuncia un beneficio neto mejor de lo esperado en 2024 gracias al buen comportamiento de su negocio de seguros generales y la suiza Swiss Re lidera las subidas en la Bolsa de Zurich tras batir expectativas. En clave política, el premier británico Keir Starmer está en Washington para entrevistarse con el presidente Trump. Entrevistaremos a Mónica Guardado, directora de Accedia, para que nos cuente la oferta de Formación Profesional. En la Tertulia de Cierre de Mercados hablaremos de los nuevos aranceles de EEUU, de qué le ha hecho Europa y del dato de inflación en España que vuelve al 3% por el mayor precio de la electricidad y lo haremos con Pedro Fernández, abogado y profesor, y José Ignacio Gutiérrez, de la Confederación de Cuadros y Profesionales.
Der Swiss Market Index (SMI) hat seit Jahresstart rund zwölf Prozent an Wert gewonnen. Er überschritt erstmals die Schwelle von 13.000 Punkten. Mojmir Hlinka, eidgenössischer Vermögensverwalter aus Zürich, erklärt, dass der starke Anstieg des Schweizer Leitindex SMI nicht auf die Standardwerte Nestlé, Roche und Richemont zurückzuführen ist, sondern auf die Erholung im Luxussegment. Die besseren als erwarteten Zahlen von Burberry und Kering mit der Marke Gucci haben den Aufschwung im Luxusbereich angestoßen, von dem auch der Schweizer Aktienmarkt profitiert. Welche Aktie lief besser, die Swiss Re oder die Munich Re in den letzten 5-10 Jahren? Darüber hinaus hat sich die Lage in China leicht verbessert, was ebenfalls zum Höhenflug des SMI beiträgt. - Die Diskussion dreht sich auch um die Entwicklungen an den Börsen nach dem Ende des Krieges in der Ukraine. Heiko und Mojmir sehen in einer wahrscheinlichen schwarz-roten Koalition eine Chance auf Planungssicherheit und wirtschaftliche Stabilität in Deutschland. Sie raten, bei den sogenannten "Magnificent Seven" der Tech-Aktien selektiv vorzugehen, innerhalb dieser Gruppe zu diversifizieren und auch Randaktien zu kaufen. Welche das sind und weitere Aktienideen finden Sie hier im Club ... hier geht es zum ganzen Club-Podcast: https://go.brn-ag.de/399
Satellite imagery is revolutionising the way insurers assess risk, track disasters and provide coverage. In this episode, Matthew Grant speaks with Berend de Jong, Global Insurance & Finance Lead at Planet Labs, about how high-resolution satellite imagery and geospatial data are reshaping the insurance industry. With a fleet of over 200 satellites capturing daily images of the Earth's surface, Planet Labs enables insurers to enhance flood and wildfire risk modeling, parametric insurance solutions and pre/post-loss assessments. The conversation explores real-world applications, including how instant satellite imaging played a key role in analysing the Los Angeles wildfires and German floods, and how parametric insurance providers like Floodbase leverage satellite data to develop innovative flood coverage solutions. Key Talking Points From consulting to satellites – Berend's career journey How Planet Labs' 200+ satellites capture daily Earth imagery The power of high-resolution imaging – down to 30-40 cm Tasking satellites on demand – costs, speed, and accessibility Optical vs. SAR satellites – when to use each technology Los Angeles wildfires case study – tracking fire progression in real time German floods case study – distinguishing between river and rain-driven floods Parametric insurance in action – partnerships with AXA, Swiss Re, and FloodBase Underwriting & claims insights – using satellite data for smarter decisions The future of satellite data – affordability, accessibility, and evolving use cases If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. You can also contact Berend de Jong on LinkedIn to start a conversation! Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Describe how high-resolution satellite imagery supports risk assessment, underwriting, and claims management in insurance. List the key differences between optical satellites, SAR (Synthetic Aperture Radar) and passive microwave technology in data collection. Identify the real-world applications of satellite data through case studies, including Los Angeles wildfires and German floods. If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 340 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Diesmal geht es zu unseren südlichen Nachbarn. Die sind bekannt für ihre Berge, Schokolade und Uhren. Aber auch einige der weltweit größten und langweiligsten Unternehmen aus dem Finanzsektor. Eines davon ist die Swiss Re. Gegründet wurde der Rückversicherer im Jahr 1863 durch die Helvetia Versicherungen, die Schweizerische Kreditanstalt und die Basler Handelsbank. Vorausgegangen war ein Großbrand in der Stadt Glarus, dessen Schadenssumme die Reserven der kantonalen Feuerversicherung überstieg. Zusammen mit Alan Galecki betrachte ich, wie sich die Swiss Re in den letzten 161 Jahren entwickelt hat. Der Sponsor dieser Podcastfolge ist Freedom24. Der kostengünstige Broker bietet sowohl per Onlineplattform als auch per App Zugang zu den 15 größten Wertpapierbörsen in Amerika, Europa und Asien inklusive attraktiv verzinster Multiwährungskonten. Ich bin selbst Kunde von Freedom24 führe dort ein Echtgeld-Portfolio. Alle Neukunden, die ein Depot über folgende Seite eröffnen, erhalten von mir ein Buchgeschenk als Dreingabe.
Swiss Re peilt 2025 einen höheren Gewinn an, dank hohen Prämien, steigender Nachfrage und Sparübungen. Laut Finanzchef John Dacey machen dem Rückversicherer aber steigende US-Prozesskosten zu schaffen. Diese seien höher als die versicherten Schäden aller Naturkatastrophen weltweit. SMI: -0.2%
Michael Bacon, Head of US L&H Globals and US L&H Transaction Origination, Swiss Re, discussed tailored transactions.
In this episode of Lessons I Learned in Law, Scott Brown is joined by Nick Raymond, General Counsel for Corporate and Group Functions at Swiss Re, one of the world's largest reinsurers. Nick shares his unique career journey from private practice at Clifford Chance to leading a global team at Swiss Re, spanning legal functions like M&A, ESG, asset management, and more.Nick's reflections on embracing opportunities, lifelong learning, and prioritising team dynamics offer valuable insights for lawyers navigating career growth and leadership challenges.Listen in as Nick discusses:The Role of Luck and Opportunity: Why recognising and seizing opportunities, even when they're risky, can lead to career breakthroughs.Learning from Setbacks: How challenges and failures have helped him grow professionally, and why every experience is a learning opportunity.The Power of Teamwork and Fun: Why enjoying your work and fostering a positive team environment is key to long-term success.Key Takeaways:Ride Your Luck: Nick shares how taking risks and being flexible have opened doors in his career, from private practice to managing a global team at Swiss Re.Continuous Learning: Adopting a mindset of curiosity and growth has helped Nick adapt and thrive in a complex, ever-changing legal environment.Have Fun Along the Way: Nick reflects on the importance of maintaining perspective, building strong team relationships, and not taking yourself too seriously in a demanding profession.Mentioned in the Episode:Podcast Recommendation: The Happiness Lab with Dr. Laurie SantosBook Recommendations:Lessons in Chemistry by Bonnie Garmus Amazon linkSapiens: A Brief History of Humankind by Yuval Noah Harari Amazon linkWhether you're curious about what it takes to lead a large in-house legal function or seeking career advice on stepping outside your comfort zone, Nick's journey provides practical and inspiring insights for legal professionals at all stages of their careers.
APAC stocks were mostly subdued following the indecisive lead from Wall Street. DXY extended above 106.50 and 10yr UST futures were lacklustre, while there was a lack of fresh major catalysts.Fed's Musalem (2025 voter) noted recent information suggests that the risk of inflation moving higher has risen and risks to the job market remain unchanged or have fallen.Fed's Schmid (2025 voter) said "it remains to be seen" how much more the Fed will cut rates and where they may settle.China reportedly armed itself for a potential trade war with Trump as Beijing has enacted sweeping laws since the US President-elect's first term that would allow it to retaliate if threatened, according to FT.Israel is reportedly preparing a Lebanon ceasefire plan as a "gift" to US President-elect Trump, according to WaPo.Looking ahead, highlights include EU Jobs & GDP, US Initial Jobless Claims, US PPI (Final), Japanese GDP, IEA OMR, ECB Minutes. Speakers include ECB's Lagarde, de Guindos & Schnabel, Fed's Powell, Barkin, Williams & Kugler, BoE's Bailey & Mann. Supply from the US. Earnings from Siemens, Deutsche Telekom, Merck, Swiss Re, Burberry, Disney, Brookfield, Applied Materials, JD.Com & Advanced Auto Parts.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Fathom is a flood modeling company based in Bristol, UK (www.fathom.global). They were recently acquired by reinsurance heavyweight Swiss RE. Hence they are a welcome addition to the list of publicly traded companies profiled on this podcast. Gavin Lewis, Head of Engineering, delivered an inspiring message about this scientific organisation. It is incredibly topical given the two dramatic hurricanes in the US last 2 months, Helene and Milton. Compounding the message here is the devastating flooding of Valencia in Spain 6 days ago (10/29/24). We are facing a barrage of messages from nature that the service Fathom provides will help us become resilient to a situation of our own making. We also have a follow on episode to the topics raised in our episode with Spatial Risk Systems (https://youtu.be/Ljfm0VNGyRU?si=RCtkWb-sfSQ8C0do). In the accompanying Substack post (https://www.geospatial.money/p/spatial-risk-systems) illustrates the consequences for insurance companies that do not properly size natural catastrophe risk. This makes it straightforward to understand why Swiss RE bought Fathom. It will be interesting to continue to observe the acquisition trend in this space amongst competitor insurance companies. THE GEOSPATIAL INDEX The Geospatial Index is a comprehensive listing of all publicly traded geospatial businesses worldwide. Why? The industry is growing at ~5% annually (after inflation and after adjusting for base rates). This rate varies significantly, however, by sub index. For $480,000 to start, this growth rate is $5,000,000 over a working life. This channel, Bluesky account, newsletter, watchlist and podcast express the view that you are serious about geospatial if you take the view of an investor, venture capitalist or entrepreneur. You are expected to do your own research. This is not a replacement for that. This is not investment advice. Consider it entertainment. NOT THE OPINION OF MY EMPLOYER NOT YOUR FIDUCIARY NOT INVESTMENT ADVICE Bluesky: https://bsky.app/profile/geospatialindex.bsky.social LinkedIn: https://uk.linkedin.com/in/geospatialindex Watchlist: https://www.tradingview.com/watchlists/123254792/ Newsletter: https://www.geospatial.money/ Podcast: https://open.spotify.com/show/5gpQUsaWxEBpYCnypEdHFC
Swiss Re a key player in the insurance business has been providing coverage to insurance companies as a reinsurer since 1863. Paul Murray, CEO of Life and Health Reinsurance at Swiss Re, shares his insights on their role in risk management, growth strategies, and the pricing challenges faced in today's environment.
Today's guest is Ermir Qeli, Head of Data Science in AI at Swiss Re. Ermir returns to the program to discuss strategies for gaining executive buy-in and scaling AI within the insurance industry. Throughout the discussion, Ermir highlights the role of data infrastructure, particularly for legacy institutions, in ensuring that data is clean, structured, and distributed effectively across the enterprise. He also delves into how change management is crucial for driving AI adoption, emphasizing the need for collaboration from day one, upskilling teams, and building trust in the technology from the beginning. Download our PDF brief “AI in Insurance: Executive Cheat Sheet” at emerj.com/ins1.
Artemis Live - Insurance-linked securities (ILS), catastrophe bonds (cat bonds), reinsurance
This episode features the audio from the third panel session of the day at Artemis' ILS Asia 2024 conference, which was held in Singapore on July 11th. It was our sixth in-person conference in Singapore focused on catastrophe bonds, insurance-linked securities (ILS) and alternative reinsurance capital trends. The third panel session of the day featured a discussion titled "Connecting innovative risk transfer with capital markets." Moderating the panel session was: Kirtiraj (Raj) Jadeja, Divisional Director, AGILE Risk Advisory. Joining him were: Piyush Jain, Appointed Actuary, Kshema General Insurance Ltd.; Esther Kim, Senior Product Manager, Public Sector Solutions, Swiss Re; Alexander Pui, SVP, Climate and Sustainability Consulting, Marsh; Yash Jain, Founder, Cliff Horizon. The panel explored the role of technology in risk transfer, as well as innovative and responsive techniques such as parametric triggers and discussed why these innovative forms of risk transfer may prove attractive opportunities to investors in the capital markets. They also discussed the protection gap and opportunities to narrow it using innovative insurance and reinsurance risk transfer techniques and efficient capital sources. Listen to the full podcast episode for more insights into why innovative and responsive risk transfer may prove well-suited to further development of ILS and catastrophe bonds in Asia Pacific.
Neil Sprackling, CEO US Life and Health, Swiss Re says that despite projected excess mortality continuing in the US for the next 10 years, COVID-19 pandemic-linked excess mortality may disappear by 2028, reverting to pre-pandemic expectations.
In der heutigen Folge von „Alles auf Aktien“ sprechen die Finanzjournalisten Laurin Meyer und Holger Zschäpitz über den großen China-Schock für deutsche Autobauer, die „Milton”-Erleichterung bei den Versicherern und einen deutschen Online-Modehändler im Aufwind. Außerdem geht es um Munich Re, Hannover Rück, Swiss Re, Heritage Insurance, Universal Insurance, American Coastal Insurance, üDeutsche Telekom, Rheinmetall, Hensoldt, Zalando, TD Bank, Deutsche Pfandbriefbank, Volkswagen, Mercedes-Benz, BMW, Tesla, BYD, SAIC Motor, Meta, Amazon, Goldman Sachs, Uber, Microsoft, Apple, Nvidia, Blackrock, Coinbase, Airbnb, Adobe, Intuit, Netflix, Palantir, Oracle, Snap, Spotify, Carbios und Avantium. Wir freuen uns an Feedback über aaa@welt.de. Ab sofort gibt es noch mehr "Alles auf Aktien" bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter.[ Hier bei WELT.](https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html.) Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. Außerdem bei WELT: Im werktäglichen Podcast „Das bringt der Tag“ geben wir Ihnen im Gespräch mit WELT-Experten die wichtigsten Hintergrundinformationen zu einem politischen Top-Thema des Tages. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? [**Hier findest du alle Infos & Rabatte!**](https://linktr.ee/alles_auf_aktien) Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html
With Covid still with us and Mpox declared a public health emergency, what is one of the world's largest insurers preparing for? What is the ongoing impact of Covid? Join host Michelle Martin as she delves into lessons from the pandemic with Paul Murray Chief Executive Officer Life & Health Reinsurance, Swiss Re, including how innovation unlocked because of Covid-19, could be helping us all live longer.See omnystudio.com/listener for privacy information.
In this conversation, Monica Ningen, CEO of Swiss Re's US property and casualty reinsurance business, shares her career journey and insights on the insurance industry, particularly in relation to climate change and its impact on insured losses. She discusses the importance of community and personal resiliency in facing challenges, the role of women in the insurance sector, and the significance of diversity, equity, and inclusion in fostering a positive work environment. Monica emphasizes the need for trust and core values in leadership, and how these elements contribute to successful outcomes in both personal and professional settings. Keywords insurance, climate change, resiliency, diversity, career development, women empowerment, risk management, community, leadership, core values
In this episode, we dive deep into the evolving world of sales enablement and revenue operations with Rich Giorgi, VP of Sales Enablement at Swiss Re. Rich shares his 15-year journey in the field, discussing the shift from traditional sales roles to strategic revenue operations. Explore the impact of AI on sales processes, the challenges of implementing new technologies, and the importance of account-based marketing in long sales cycles. Gain valuable insights on staying ahead in the rapidly changing landscape of sales and marketing technology. Whether you're a seasoned sales professional or new to the field, this episode offers practical advice and forward-thinking perspectives on the future of sales enablement.
Episode 715: NAMIC recently attended the Governors' Highway Safety Association annual meeting where AAA Missouri received the Peter K. O'Rourke award for outstanding roadway safety advocacy. On today's unscripted, Neil Alldredge, president and CEO of NAMIC, talks with Angie Nelson, vice president of public and government affairs at AAA Missouri, about the company's efforts to prevent distracted driving through a comprehensive public awareness campaign and statewide legislation.This episode of NAMIC's Insurance Uncovered is sponsored by Holborn.
How do you go from a homeless shelter to advising on $25 billion in transactions? This journey is nothing short of extraordinary. In this episode of The Liquid Lunch Project, we sit down with Grace Vandercruze, founder and managing director of Grace Global Capital LLC. Grace's story is a powerful testament to resilience, determination, and unyielding ambition. From her challenging upbringing to becoming a leading figure in the world of mergers and acquisitions, Grace shares the unvarnished truth about her journey, the hurdles she's overcome, and the mindset that propelled her to the top. Episode Highlights: Grace's early life and the influence of her grandmother The transformative experience of losing her home to a fire Overcoming adversity while living in a homeless shelter Transitioning from Ernst & Young to Merrill and then founding Grace Global Capital The challenges of being an African-American woman on Wall Street Insights on financial wellness and her best-selling book Mountain climbing and its impact on her mental strength Who is Grace? Grace Vandercruze is the founder and managing director of Grace Global Capital LLC, a firm specializing in M&A financial advisory, restructuring, and valuation for the insurance industry. With over $25 billion in advisory transactions under her belt, Grace has a storied career that includes senior roles at Swiss Re, Merrill Lynch, and a private equity firm. She is a Wharton MBA, a CPA, and a board member of several prominent companies. Grace is also an accomplished mountaineer, sailor, and the author of the best-selling book "Homeless to Millionaire: 6 Keys to Uplift Your Financial Abundance." This episode is a must-listen for every entrepreneur and small business owner looking to learn from a true trailblazer. Discover the mindset and strategies that helped her turn adversity into opportunity. Favorite Quote: “Allow impostor syndrome to be your companion. Just make sure that it's not the loudest voice you're hearing.” Connect with Grace: https://www.graceglobalcapital.com/ https://www.financialabundancewithgrace.com/ Stay Connected: Connect with Matt and Luigi on Instagram: @matthew.r.meehan @luigi_rosabianca @theLiquidLunchProject @ShieldAdvisoryGroup Visit The Liquid Lunch Project website and subscribe to The Weekly, our Friday morning newsletter, for all the latest in the world of finance, tech, small business, and more. www.theliquidlunchproject.com Make sure you never miss an episode — check out The Liquid Lunch Project on Apple Podcasts, and don't forget to subscribe, rate, and review.
Artemis Live - Insurance-linked securities (ILS), catastrophe bonds (cat bonds), reinsurance
Urs Baertschi, CEO of P&C Reinsurance at global reinsurer Swiss Re joined us for this Artemis Live interview just in advance of the 2024 Monte Carlo Reinsurance Rendez-Vous event. Baertschi discusses Swiss Re's priorities for the end of year renewal negotiations, his view of reinsurance market conditions, the need to continue working to close insurance protection gaps, the role of alternative capital and insurance-linked securities (ILS) and much more. Speaking about what he expects to be on the agenda in Monte Carlo at the RVS, Baertschi told us, "Generally speaking, as we look at the environment, at the supply and demand dynamics, demand is up. Clients want to buy more reinsurance to de-risk their peak perils, and we're going to be in an active discussion around that as an industry." Moving on to speak about terms and conditions, Baertschi continued, "When you look at the risk sharing between the insurance industry and the reinsurance industry, there clearly was a lot of movement about a year and a half ago and 24 months ago around this and it has stabilised since then. "Primary insurance has caught up around the reality of what it means to have higher volatility in the frequency space as well." He added, "The risk landscape keeps evolving and so it's really important for our industry, end-to-end, to reflect that evolving risk landscape in the kind of products that we offer, in the rates that are being charged throughout, in the structures, in the wordings, and so these are all going to be discussions that we expect to kick-off in Monte Carlo, and then throughout the rest of the renewal season." Asked about key issues related to price adequacy, attachment points and his expectations for reinsurance capital providers to remain disciplined, Baertschi expects relative stability it seems. "We would expect the current environment, that we've seen so far this year, to maintain throughout the balance of the year as well," he explained. "This new-norm of more than $100 billion of insured losses from natural catastrophes is really here to stay, and that's a market reality. And the vast majority of that is driven by smaller events that should be picked up in the retention of the primary insurers. "So with all of that, the history, the financial results, how the balance between the insurers and reinsurers in the risk-sharing is finding itself in the market, we would expect the environment to remain largely similar to the discipline that we have seen so far this year." Listen to the full episode for more insights from Urs Baertschi, CEO of P&C Reinsurance at Swiss Re.
Hear from two leading experts, as we explore how insurance is adapting to climate change and the role of the industry beyond underwriting. Insurance plays a critical role in protecting households and businesses from the impacts of climate change, and with physical risks on the rise, it will become ever more important. However, insurers have also been significantly impacted by these risks, with annual losses from natural catastrophes exceeding 100 billion dollars for four consecutive years. The primary concern is that these physical risks eventually become uninsurable, as we are already seeing for example with wildfires in California, leaving communities without the very protection that they most need. In this episode, we explore how the insurance industry has and should respond to these challenges, including: How insurance modelling must evolve to better capture the physical risks from climate change; The role of insurers in helping clients and policymakers understand and prepare for physical climate risks; and Why adaptation is now a top priority for allowing insurance to be effective and help spread climate resilience across our society and economy. To find out more about the Sustainability and Climate Risk (SCR®) Certificate, follow this link: https://www.garp.org/scr For more information on climate risk, visit GARP's Global Sustainability and Climate Risk Resource Center: https://www.garp.org/sustainability-climate If you have any questions, thoughts, or feedback regarding this podcast series, we would love to hear from you at: climateriskpodcast@garp.com Speaker's Bio(s) Annemarie Büttner, Lead Climate Risk Solutions, Swiss Re Annemarie leads on corporate climate risk solutions at Swiss Re, helping companies identify, assess, reduce, and report the impacts of climate change to their businesses. She has 10-years' experience focused on consulting and insurance, working on a range of topics including renewables, natural catastrophes, and parametric insurance. Swenja Surminski, Managing Director Climate and Sustainability, Marsh McLennan Swenja is the managing director of climate and sustainability at Marsh McLennan, as well as a Professor in Practice at the London School of Economics. In her career as an academic, Swenja researched climate risk management and resilience strategies, with a focus on public policies, financial instruments and individual behaviour. She has also held several advisory roles with corporates, regulatory authorities and governments, including the Bank of England and the World Bank.
Neil Sprackling, CEO Life & Health Reinsurance US, Swiss Re, said that coming out of the worst stages of the pandemic, excess mortality stood at around 4%.
In der heutigen Folge von „Alles auf Aktien“ sprechen die Finanzjournalisten Laurin Meyer und Holger Zschäpitz über einen Gruselstart in den September, ein schlechtes Geschäft für den Bund bei der Commerzbank und die Gewinner der multipolaren Welt. Außerdem geht es um Micron, NXP, AMD, Apple, Goldman Sachs, US Steel, Nippon Steel, Munich Re, Hannover Rück, Everest Group, Swiss Re, Scor, Berkshire Hathaway, Volkswagen, Ferrari, Xetra Gold (WKN: A0S9GB), Euwax Gold II (WKN: EWG2LD), WisdomTree Core Physical Gold (WKN: A3GNQ1), iShares BIC 50 ETF (WKN: A0MR61) und iShares MSCI Turkey ETF (WKN: A0LEW5). Hier findet Ihr den Link zur Stellenausschreibung: https://career.axelspringer.com/de/job/werkstudent-bei-alles-auf-aktien-social-media-community-management-1 Wir freuen uns an Feedback über aaa@welt.de. Ab sofort gibt es noch mehr "Alles auf Aktien" bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. Außerdem bei WELT: Im werktäglichen Podcast „Das bringt der Tag“ geben wir Ihnen im Gespräch mit WELT-Experten die wichtigsten Hintergrundinformationen zu einem politischen Top-Thema des Tages. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html
Is the insurance market the last to get a good going over from the regulatory authorities? Having become a country that loves a good market study, we've had petrol, banks, supermarkets – so surely insurance, and while you are at it, Air New Zealand, would be a good next stopping point. Australia isn't overly happy with the way their insurance industry works either, and the regulator last week hinted inspections of some sort were coming. Like banking, a lot of the insurance game there is run by the same people as it is here. And like the banks, they have the same line up of excuses as to why they are so profitable. IAG, for example, made a profit in the last year of about $1 billion, and they did it off the back of rising premiums. It was an 8% rise in profit and the dividend was 27 cents. Premiums are up because of climate change. Payouts, risk, and reinsurance are the usual excuses. Don't get me wrong, we need profitable and stable companies, but in this cost of living crisis, councils and insurance companies seem to be the last ones standing when it comes to passing costs on at rates a mile higher than inflation. IAG say we are starting to see inflation easing. Excuse me? It's eased. It's in the band. Central banks all over the world have or are about to cut rates based on the fact inflation is under control. And not only have premiums gone up, they've flagged they will be up another 9 percent next year. Reinsurance is part of their excuse. Here's a fun fact one of the biggest reinsurers in the world is Swiss Re. Guess how much their profit is up? 17%. To what, I hear you ask, a bit under $4 billion. So where is the line? A strong and profitable company versus taking the mick and simply passing on costs because they can and seeing massive profits with big dividends while still milking the old idea that everything is bad, storms rage, and payouts drain resources. Now if that isn't a market study waiting to happen, I don't know what is. See omnystudio.com/listener for privacy information.
APAC stocks traded with a mild positive bias after the gains on Wall St where a downward payrolls revision and the FOMC Minutes further supported the consensus for a September Fed rate cut.FOMC Minutes from the July meeting continued to point to a September move as a vast majority of participants said it would likely be appropriate to ease policy at the next meeting if data continued to come in as expected.DXY nursed some losses after retreating yesterday to briefly beneath the 101.00 level, USD/JPY rebounded and reclaimed the 145.00 status, and EUR/USD trickled back from a fresh YTD high following its fourth consecutive daily gain.Gaza truce talks have reached an impasse, according to Sky News Arabia citing Times of Israel; Israeli PM Netanyahu said they are ready for any scenario, whether in defence or attack in the face of near and far threats, according to Al Jazeera.Looking ahead, highlights include EZ, UK & US PMIs, EZ Negotiated Wages (Q2), US IJC, NZ Retail Sales, Jackson Hole Symposium, ECB Minutes, US Democratic Convention, Supply from US, Earnings from Swiss Re, Hays, Ross, Intuit & Workday.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Swiss Re verzeichnete im ersten Halbjahr einen unerwartet hohen Gewinn von 2.1 Milliarden Dollar. Das geringe Ausmass von Naturkatastrophen habe dazu beigetragen, so der Finanzchef von Swiss Re, John Dacey. Die Aktie legt 4.5% zu. SMI: +0.5%
Elizabeth Victor, senior natural catastrophe specialist for Swiss Re discusses the increase in convective storms and so called nonpeak perils and the impact it's having on the insurance industry.
On this episode of the DealQuest Podcast, Grace Vandecruze joins me to share her remarkable journey from humble beginnings in Guyana, South America, to becoming a leading investment banker in the financial services industry. With over 20 years of experience, Grace brings a wealth of knowledge in mergers and acquisitions, financings, capital strategies, valuations, restructurings, and private placements. Throughout her career, Grace has been instrumental in numerous restructurings, debt and equity offerings, IPOs, M&A transactions, team mutualization, and regulatory projects within the global life and PNC reinsurance and insurance markets. Her personal story of resilience and professional insights offer invaluable lessons for listeners.THE INFLUENCE OF EARLY LIFE AND FINANCIAL SECURITYGrace recounts her early life in Guyana and the significant impact of her grandmother, who instilled in her the belief that she could achieve anything. Despite facing significant hardships, including a devastating house fire that left her family homeless, Grace's resilience and determination led her to a successful career in finance. Her personal experiences underscore the importance of insurance and financial security, fueling her passion for her work.FROM AUDITING TO INVESTMENT BANKINGGrace's career path started in high school, leading her to major in accounting at Pace University. After working as a financial auditor at EY for five years, she sought more dynamic challenges, leading her to the Wharton Business School and an internship at Merrill Lynch. Grace's transition from auditing to investment banking saw her playing pivotal roles in the demutualization of major insurance companies like MetLife, John Hancock, Prudential, Manulife, and Sunlife.INSURANCE INDUSTRY INSIGHTSGrace provides an overview of the U.S. insurance market, noting its developed yet fragmented nature. She discusses key drivers for mergers, such as capital needs, regulatory requirements, and succession planning. Despite a current slowdown in M&A activity due to high-interest rates, the industry remains ripe for consolidation. Grace also highlights the impact of climate change on the insurance sector, influencing company decisions and M&A activity.SIGNIFICANT DEALS AND STRATEGIC APPROACHESGrace recounts facilitating a notable deal between Commercial Travelers and Berkshire Hathaway, showcasing her negotiation skills and ability to build valuable connections. Her strategic approach and deep industry knowledge have been instrumental in numerous high-stakes transactions. She later became Managing Director at Swiss Re and founded her own firm, Grace Global Capital. Her career challenges parallel her passion for mountain climbing, emphasizing the importance of mental resilience.TECHNOLOGICAL ADVANCEMENTS AND INDIUSTRY TRENDSGrace highlights the potential for AI to solve specific pain points in the insurance industry and drive significant value. Technological capabilities are crucial in acquisition transactions, exemplified by Microsoft's investment in OpenAI. The integration of AI and the emphasis on developing human capital are key trends shaping the insurance industryPERSONAL FINANCIAL PHILOSOPHYGrace shares insights from her book, "Homeless to Millionaire: Six Keys to Uplift Your Financial Abundance," focusing on financial empowerment and shifting from a scarcity mindset to one of abundance. She underscores the importance of rewriting one's money story to overcome financial trauma.• • • For my full discussion with Grace Vandecruze, and more on this topic and topics not featured in this blog post:Listen to the Full DealQuest Podcast Episode Here• • • FOR MORE ON GRACE VANDECRUZE:LinkedInGrace Global Capital Corey Kupfer is an expert strategist, negotiator, and dealmaker. He has more than 35 years of professional deal-making and negotiating experience. Corey is a successful entrepreneur, attorney, consultant, author, and professional speaker. He is deeply passionate about deal-driven growth. He is also the creator and host of the DealQuest Podcast. Get deal-ready with the DealQuest Podcast with Corey Kupfer, where like-minded entrepreneurs and business leaders converge, share insights and challenges, and success stories. Equip yourself with the tools, resources, and support necessary to navigate the complex yet rewarding world of dealmaking. Dive into the world of deal-driven growth today!
James Finucane, senior economist for Swiss Re, details the findings of a new report that shows the US Property & Casualty sector in 2024 registered its best first-quarter underwriting results in more than 15 years.
Jeremy Lane, Head of Mortality Services in the United States for Swiss Re, said that accelerated underwriting (AUW) has become increasingly essential for many insurance companies.
Awa Kone, Global Head of Operations at Flutterwave Awa is a go-to expert for multinational corporations and multi-billion-dollar startups looking to expand worldwide, especially on the continent of Africa. In this exclusive episode, she reveals the top three secrets she's used to develop her career and the businesses she's scaled on a global stage. We dive into Swiss Re and Flutterwave's tactics and expansion strategy and how the two giants think about new countries, markets and verticals. Awa also shares the lessons she's learned from her experiences as a former actuary and how you can level up your career similarly, even if you don't plan on a career in actuarial sciences or risk. Plus, she explains how to deal with interpersonal or company politics and real-life politics. This episode of "The Blind Ambition with Jack Kelly" is brought to you by Hims and BetterHelp. Get access to affordable and discrete sexual health treatments with a free online visit at hims.com/blind. BetterHelp offers affordable online therapy on a flexible schedule. Visit betterhelp.com/teamblind for 20% off your first month. https://bit.ly/blindpodcast
Cathy Desquesses, group chief human resources officer and head of corporate services at Swiss Re, discusses the insurance industry's efforts to attract and retain skilled professionals, and initiatives to create an inclusive and engaging work culture.
Today's guest is Ermir Qeli, Head of Data Science in AI at Swiss Re. Ermir joins us on the program to talk about the array of challenges facing insurance leaders at this stage of AI adoption across the sector and how the pace for which is marked by the fundamentally unstructured data at the heart of insurance tech stacks. Throughout the episode, Ermir offers his perspective on scaling systems dealing with these and similar issues, offering numerous use cases in generative AI and beyond to assist in these processes along the way. To discover more AI use cases, best practice guides, white papers, frameworks, and more, join Emerj Plus at emerj.com/p1.
In this podcast episode, Dr. Marcus Schmalbach, a specialist in parametric risk trading and CEO of RYSKEX, joins Joel Appelbaum of IRMI and Captive.com to explore the evolving landscape of the captive insurance industry, parametric risk trading, and the emergence of parametric 144A catastrophe (cat) bonds. Dr. Schmalbach sheds light on recent market innovations and their implications for the insurance and capital markets, including the key features and achievements of the Beazley and Lloyd's London Bridge 2 deal as well as the significance of Swiss Re's industry-loss-triggered cyber-catastrophe bond.
Unlock the mysteries of insurance investments and get a front-row seat to Warren Buffett's strategic moves with us, Brandon Shue and Nick Harpin, on the latest episode of Risk Seller. We're peeling back the curtain to reveal how Ascend is revolutionizing premium finance agreements, ensuring agents can stay ahead in the ever-accelerating insurance market. Not just that, you'll get a personal glimpse into our worlds outside the office, from the dance recitals that test my patience to Nick's adventures on the golf course, proving that work-life balance can be as intricate as the topics we discuss. Grasp the subtleties of Buffett's latest chess plays as we scrutinize his increased stake in Chubb and what it means for the insurance landscape. You'll appreciate Berkshire Hathaway's unique position in the sector, armed with massive cash reserves and a strategic eye for long-term growth. Join the debate as we consider the implications of his shift from Apple and how current fire legislation could shape the industry's future. Finally, brace yourself for a rollercoaster of a conversation that swings from the solid ground of factual science to the dizzying heights of speculative technology. We'll muse over the challenges of AI and appliance recalls while charting a course for truth in our digital age. As we gear up for the micromobility conference in Amsterdam, we ponder the symbiotic relationship between cutting-edge tech and human wisdom in risk assessment. Whether you're an insurance buff, a tech enthusiast, or just looking for a hearty discussion with a dash of humor, this episode promises insights and anecdotes in equal measure. Timestamps 0:00.558 Intro: Ascend AD 3:15.687 Updates on the weekend 6:53.094 Today's wine: Portlandia 2001 Pinot Noir 10:14.238 Today's topics 11:12.337 Buffett's stake in Chubb 16:59.735 Legislation restricting lithium batteries in NY passed the House 23:22.235 Talking about InsurTech's and Swiss Re's withdrawal from iptiQ 27:22.042 Moody's forecast for insurance prices 30:42.013 Hurricane season's impact on the insurance world 32:47.519 True or False Quiz 39:37.309 Recall of the week: Electrolux refrigerator Frigidaire Connect with RiskCellar: Website: https://www.riskcellar.com/ Brandon Schuh: Facebook: https://www.facebook.com/profile.php?id=61552710523314 LinkedIn: https://www.linkedin.com/in/brandon-stephen-schuh/ Instagram: https://www.instagram.com/schuhpapa/ Nick Hartmann: LinkedIn: https://www.linkedin.com/in/nickjhartmann/
Swiss Re Reinsurance Solutions was launched two years ago to make Swiss Re's unique knowledge and tools available across the insurance value chain. Swiss Re's strongest point of knowledge is property - around which we centre this podcast. Robin Merttens spoke to CEO of Reinsurance Solutions Russell Higginbotham on approaching climate-related risks in the insurance industry as well as managing the balance between data accuracy and inclusivity of insurance products for customers. Key talking points: The implication of climate change on property insurance If you are running an insurer now - what should you be focusing on? What should the whole ecosystem be doing with climate change? Planning the future Understanding ‘uninsurability' Partnerships with Google X, the moonshot factory and acquiring Fathom If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Describe how better data can help tackle the insurance protection gap Explain how acquisitions can help a company gain better data and why partnerships are important in the industry Summarise why climate change is such an important risk and what insurers should focus on to tackle it best If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 302 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
On this episode of the Scouting For Growth podcast, Sabine VdL talks to Romaney O'Malley, Group CTO at bolttech, an InsurTech unicorn that is quite literally electrifying the InsurTech space now spearheading solutions in 35 markets across three continents. In today's episode, we explore a multitude of topics, including: The Journey to the Top: What were the critical turning points in Romaney's impressive career? Master Strategist: How does Romany approach challenging strategic decisions at bolttech? Industry Titans: What's the inner fabric of companies like Bolltech also traditional companies such as AIG, Swiss Re, and GE Insurance? KEY TAKEAWAYS I made a decision together with my husband in 2008 that we would move to Johannesburg for him to take an opportunity with a bank in South Africa. That was a big deal to move away from London & a great job with SwissRe, but this was a really unique opportunity that ended up being one of the best decisions we've made for both of our careers. It exposed me to very different markets across Africa which was invaluable to the rest of my career. Taking risks is important. One of the fascinating things about emerging markets is that they can leapfrog the steps that have shaped mature industries in the past. The use of mobile technology & telcos in banking in many parts of Africa is far more advanced that we see in developed countries because they have skipped a number of the evolutional steps that some of the older economies have taken. Those markets & consumers are at the sharp end of innovation. You can't approach things as 1 decision. Your leadership team/board is never going to make 1 series of linear decision, the complexity comes with multiple decisions & how those interact with each other. You should approach these problems as multi-dimensional & you're always going to be balancing different things. Strategic decisions are about trade-offs & maximising the point at which you make sure you're delivering a number of different things to different stakeholders without getting out of balance. BEST MOMENTS ‘Moving to London from Sydney on secondment gave me the opportunity to see the scale & the size of the opportunity in the rest of the world.' ‘I always knew the future of insurance was technology-based.' ‘Play to your strengths but surround yourself with a team of people that are really good at the things that you're not so good at.' ‘The stronger we can build and ecosystem across the opportunity in InsurTech the more effective insurance industry we're going to have.' ABOUT THE GUEST Romaney O'Malley Group CFO at bolttech, an international insurtech company that is revolutionizing the way we think about insurance and technology. Her unique blend of leadership skills and financial acumen is drawn from a 25+ year-career at the apex of the insurance industry. Romaney's depth of experience is not limited to the insurance field alone; she has ventured into other sectors like reinsurance, finance, and consulting. When the numbers are crunched and the strategies laid down, Romaney finds her escape in the great outdoors. Whether planning her next exciting travel adventure or unwinding through the meditative art of yoga, she's a perpetual explorer—of landscapes, of limits, and of life. bolttech ABOUT THE HOST Sabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew, a venture lab that accelerates the curation, validation, & commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers & accelerating over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner. Twitter LinkedIn Instagram Facebook TikTok Email Website
On this episode of the Scouting For Growth podcast, Sabine VdL talks to Yannick Even, a visionary at the intersection of AI, analytics and Generative AI. With over two decades of experience in transforming global organizations into data-driven powerhouses, Yannick's journey has taken him from the corridors of management consulting across Europe and Asia to pioneering roles at Swiss Re, where he led the charge in integrating innovative tech and data insurance products into the market. KEY TAKEAWAYS Insurance is very traditional. Even 15 years ago there were a lot of forms, paper, very siloed, nobody could really track a customer throughout their journey, everyone was very focussed on their part of the journey. This is also true in terms of technology and data. It created a lot of misunderstanding for the customer & even the brokers about the future of insurance & how to leverage technology & data. This resulted in a lot of data gaps in the core of the system, from CRM to data management. It's taken until recently for the industry to realise we need to do much better. In the last 5 years at Swiss Re I've witness & been part of a transformation to a data-driven company. We built a common data foundation where we agreed even the common definition of data, build a catalogue of data and assigned data custodians. On top of this foundation we built the governance layer & tried to take out the silos making data available to everyone, not stuck behind barriers. Th most important layer was the cultural layer, around the people, we upskilled them around data and AI literacy. You need to really understand the market, I've seen too many people build fancy solutions with the latest technology available but not spending enough time checking the product is what the customer needs. BEST MOMENTS ‘Customer expectations are used now to have a much more engaging, personalised digital interaction with banks, retail, restaurant, any service which is at their fingertips.' ‘Data transformation is the base to start the journey in AI enablement. If your data isn't in the right shape, you're unable to leverage the value AI can bring.' ‘We look at where tech & data can augment & bring value at scale into the way we do business.' ‘Not every problem will be solved by GenAI, there are a lot of problems that will be solved by traditional AI. It's also important to understand which problem will be solved by which technology & make it efficient across all the different parameters.' ABOUT THE GUEST Yannick Even is a distinguished expert with over two decades of experience in transforming global organisations into data-driven powerhouses, emphasising the responsible use of Data & AI. His journey in the realm of management consulting spanned 18 years across Europe and Asia, including a significant tenure of 5 years at KPMG China. Recognised as a thought leader in Insurtech, Generative AI (GenAI), & Responsible AI solutions, Yannick has garnered a following of over 12,000 innovators worldwide. Currently based in Zurich, he is leveraging his vast expertise in dual endeavours. He is at the forefront of developing top-tier Generative AI upskilling programs for corporates, including The Digital Insurer Global GenAI Explorer program supported by Microsoft. LinkedIn ABOUT THE HOST Sabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew, a venture lab that accelerates the curation, validation, & commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers & accelerating over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner. Twitter LinkedIn Instagram Facebook TikTok Email Website
Sabine VdL talks to Pravina Ladva, Group Chief Digital and Technology Officer at Swiss Re. Pravina's career reads like a playbook for digital transformation and has answers that could redefine the way we look at insurance economics. This conversation is not just timely, it's urgently needed in a world where data is the new oil and AI is the new electricity. Pravina tells us about why Swiss Re is taking the lead with its groundbreaking Sigma Research Report from the Swiss Re Institute, what are we – as an industry – standing to gain or lose, uncovering the blueprints for the future of insurance, digital risk, and how technology could either be the ladder or the snake in this high-stakes game of digital transformation. KEY TAKEAWAYS Today you can't turn a corner without talking about AI, tech and data. This means there's a huge amount of opportunity that's been untapped. There are a whole load of new business models that we haven't even dreamed of yet. Digitisation is taking the analogue world and putting it into a digital system so that it can be transmitted around the world both in terms of data and conversation in a digital context as opposed to a paper context. Digitalisation is how you take that information and apply it to your business processes. Many organisations deal with some kind of legacy technology, you need to be aware of you digital environment and work within that as well as what are the opportunities to change it and where some of it is OK, because not all legacy is bad. BEST MOMENTS ‘If you type digitisation and digitalisation the come up together on autocorrect, it shows we really have a mixed view on what they both are and mean.'‘Every one of my peers that I speak to are all facing the same challenge: There is a war for talent because we all want the same kind of people to come and do similar kinds of things.'‘No organisation on its own can achieve what it wants to achieve, you need to be very open minded about who you're partnering with, whether that's InsurTechs, large global service providers, whoever it is in the end-to-end ecosystem to really bring the value in the right way.'‘It's not about your core technology, it's about what you do with it and how you operate it that makes a difference.' ABOUT THE GUEST Pravina Ladva started her career at Abbey National/Santander, gaining experience in the financial technology sector, with responsibility for various areas from strategy to delivery and financial results. She joined Barclaycard in 2008 and held various roles including COO Digital Marketplace and CIO Barclaycard Business Solutions. During this time, she led B2B and B2B2C technology and change teams, as well as the build and launch of a digital marketplace platform in the UK. Pravina Ladva joined Swiss Re in 2017 as Chief Technology and Operations Officer for iptiQ, Swiss Re's digital white-label provider of property & casualty and life & health insurance, and in July 2020 assumed the role of Swiss Re Group Digital Transformation Officer. Pravina Ladva was appointed Group Chief Digital & Technology Officer and member of the Group Executive Committee as of 1January 2022. LinkedIn https://www.swissre.com/ ABOUT THE HOSTSabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew, a venture lab that accelerates the curation, validation, and commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers and accelerating over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner. Twitter: SabineVdLLinkedIn: Sabine VanderLindenInstagram: sabinevdLofficialFacebook: SabineVdLOfficialTikTok: sabinevdlofficialEmail: podcast@sabinevdl.comWebsite: www.sabinevdl.comThis show was brought to you by Progressive Media
Thank you for joining us for another episode of the Low Carb MD Podcast. Dr John Schoonbee is a medical doctor who has been working in the insurance field for over 20 years, and directly for reinsurers since 2005. Currently he is the Chief Medical Officer at Swiss Re for Europe, the UK and Ireland, Middle East, and Africa. Dr. Schoonbee is involved in many aspects of life insurance, including product development, risk and claims assessment, as well as helping with pricing some of the more complex medical life and health products. In this conversation, Drs. Tro and John talk about what made John initially interested in medicine, learning from the great Tim Noakes, why changing health outcomes is dependent upon changing diet and lifestyle, how it became clear through an analysis of the data that the American Medical Association's dietary guidelines are wrong, how Dr. John and his company work to make people healthier, the goal of the Society of Metabolic Health Practitioners, and the mental/emotional health improvements linked to low-carb diets. For more information, please see the links below. Thank you for listening! Links: Dr. John Schoonbee: Twitter Swiss Re Linkedin Food For Thought Conference Fixing Metabolic Health Conference Dr. Brian Lenzkes: Website Twitter Dr. Tro Kalayjian: Website Twitter Instagram Doctor Tro App Join a growing community of individuals who are improving their metabolic health; together. Get started at your own pace with a self-guided curriculum developed by Dr. Tro and his care team, community chat, weekly meetings, courses, challenges, message boards and more. Apple Google Learn more