For European insurers, 2017 could be pivotal as the way they will respond to ultra-low interest rates, difficult economic conditions in certain regions, and political uncertainties could have a long-term effect on risk profiles and overall creditworthiness, according to S&P Global Ratings.
Specialist commercial insurer CNA Hardy, re/insurance broker THB, and cybersecurity specialist Waterfall Security Solutions have entered into a partnership to provide a new cyber security protection package for industrial businesses globally.
Not only is the re/insurance industry facing a shortage of talent, it is facing a shortage of the particular skills that will be required as the industry progresses into more technology-driven, forward-looking and innovative business models.
Re/insurance roles are changing and the industry will require a more diverse and tech-savvy set of skills and new talent to tackle the challenges of this evolving landscape, but a shortage of candidates has raised concerns around how to fill the approaching gap. Intelligent Insurer investigates.