A.M. BestTV: Regulation, Capital and Technology Changes Shape 2016 Insurance Landscape

OLDWICK, N.J.--(BUSINESS WIRE)-- In this A.M.BestTV episode, A.M. Best Chief Rating Officer Stefan Holzberger and other property/casualty insurance leaders from around the world discuss changing market dynamics, regulatory concerns, interest rates, mergers and acquisitions (M&A) and cyber risks, which will help shape insurance markets in 2016. Click on http://www.ambest.com/v.asp?v=2016outlook1215 to view the entire program.

“There are a lot of disruptors or potential disruptors facing the industry, which can be either a potential challenge or a potential opportunity for the insurance market in the years to come,” said Holzberger. “These disruptors would include: changing product demands, changing buying habits, changing the current state of distribution–bigger is better– a lot of M&A on the broker side and very different forms of capital, since capital structures are changing dramatically.”

“There have been some changes in frequency and severity over the last several years, as frequency has been relatively negative in some lines of business, especially automobile,” said Carole Ferrero, president and chief underwriting officer, property/casualty, General Reinsurance Corporation. “Also, how is cyber exposure going to evolve over the next year, what are many insurance and reinsurance companies going to do with cyber and how is that going to become a part of the whole problem of terrorism. Additionally, I believe that companies are going to have to start embracing leveraging data more in order to make better decisions.”

Other people that appear in this episode:

• Christopher Hampshire, assistant vice president, Gallagher Bassett Services, Inc. and president-elect, Philadelphia CPCU Society;
• Sharon Ooi, head of property/casualty reinsurance Southeast Asia, India and Dragon markets, Swiss Reinsurance Corporation;
• Dr. Ludger Arnoldusen, member, management board, Munich Reinsurance Company;
• Franz Hahn, chief executive officer, Peak Reinsurance Company Limited; and
• David Sampson, chief executive officer and president, Property/Casualty Insurers Association of America.

Recent episodes of A.M.BestTV include:

• An Unsung Feature of Microinsurance: Profitability: A.M. Best Senior Managing Director – Industry Relations Andrea Keenan, discusses the Microinsurance Network, a non-profit group of 70 institutions representing 30 countries that seeks to ensure that microinsurance is an important part of global development agendas: http://www.ambest.com/v.asp?v=micromap1215.
• Spanish Insurers Ensure Resilience by Sticking to Basics: A.M. Best Financial Analyst Pablo Vasquez discusses a recent Best Special Report on Spain’s insurance industry: http://www.ambest.com/v.asp?v=spain1215.
• U.S. Commercial Auto Sector’s Improved Results Might Not Last: A.M. Best Senior Research Analyst – Industry Research & Analytics David Blades, addresses the state of the U.S. commercial automobile insurance industry, which recently has seen better pricing but has also shown some surprising loss trends: http://www.ambest.com/v.asp?v=commercialauto1215.
• Europe’s Largest Markets Showing Signs of Recovery: A.M. Best Senior Director, Analytics, Carlos Wong-Fupuy, A.M. Best Europe Rating Services Limited, addresses the subject of European insurers’ strategies to look overseas for growth due to saturated domestic and difficult economic markets: http://www.ambest.com/v.asp?v=fmeurope1215.

A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at

http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at http://www.ambest.tv.

A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151218005637/en/

A.M. Best
Lee McDonald, 908-439-2200, ext. 5561
Group Vice President, Publication and News Services
[email protected]

Source: A.M. Best

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