The insurance industry’s most serious threats – societal megatrends, disruptive technology advancements, and intensifying competition from new and traditional players – also hold the greatest potential for its growth and transformation.
In Part 3 of ‘One byte at a time: a series on cyber insurance’, Kitty Ho examines the roots of the global cyber insurance market, a space which has exploded into a multi-billion dollar industry in the US.
The general insurance industry has reported an insurance margin of 9% and an ROE of 13% according to Finity's latest Optima report.
This month, we are looking at the Australian Sustainable Finance Initiative (ASFI), the work that they are currently doing, and why it is relevant to actuaries.
