Insurers across the globe are reeling from one of the worst years on record. The arrival of a New Year will deliver little respite, however. While 2009 should not have the same surprises as '08 for example, the collapse and government bailout of the once-venerable American International Group (AIG) the year will be full of challenges.

Report Highlights
The greatest near-term difficulty facing both life and non-life insurers will be continued pressure on profitability as a result of weak demand and poor investment performance.

In the coming year, insurers will seek ways to replace fixed costs with variable costs, which will drive adoption of alternative delivery models.

If 2008 was the year that mismanaged risk culminated in disaster, then 2009 will be the year that risk takes center stage. In general, insurers will spend a great deal of time, energy and money on risk management.
[Studien Infos ausblenden]

Figure 1: Insurance IT spend growth rates 4
Figure 2: Insurers' response to regulatory compliance 7
Figure 3: US sales of fixed and variable annuities in relation to the S&P 500 8
Figure 4: Insurance fraud and how it correlates with the economy 9
Figure 5: Fraud detection will be a key part of insurers' strategy in 2009 10
[Tabellenverzeichnis ausblenden]