KEYNOTE PRESENTATION: STATE OF THE INDUSTRY AND HOW DO WE RESPOND?

The economic crisis and the U.S. response via the Dodd-Frank Act will certainly have an impact on the insurance industry, but there are additional forces at work that will shape its future. Global regulatory debates underway in Europe and at the G-20, a slowing economy, political sands that continue to shift throughout the world, last year’s record-setting reported catastrophe losses—these political, regulatory, economic and natural disasters are a few of the forces that could shape the future of the industry. It is up to insurance leaders to determine how to best respond to these challenges.