Resilience in the face of uncertainty
The results of the life insurance industry have highlighted the underlying resilience of both the global and local economy. Across all life insurers that partook in this survey, we observed double digit improvements in profitability with the return to shareholders having been more positive than predicted. However, this was not by chance – leadership teams have worked for years to diversify their business models in order to grow from strength to strength.
In understanding the interconnectedness of all elements within their ecosystem they have been able to respond to change and provide value to all stakeholders