Strategy Assignment I
Fragment of a discussion from Talk:EDSLIONS/weekly discussions/May 03, 2009
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