Strategy Assignment I
the usual work challenge. trying to effectively combine the two. working on the internal and external environment of ACE. the materials are quite large, trying to isolate the unrelated areas. hopefully to submit my contribution before the week runs out.
The information for ACE is vast and as such it takes time to condense the data otherwise for strategic management case study its well suited. I did mine when i was under presure as such there a couple of human errors like spelling etc
In terms of the External enivironment, you basically need to look at the challenges facing the insurance industry at the moment. These include:
External factors - High level of litigation - High frequncy of Catasphroic events - changes in legislation mainly driven by the drive towards climate change - Stricetr regulatory regimes
Internal factors - Solvency matters - Poor investments on balance sheet - Profitability of the business - Availability of technical Underwriting skills
