Geneva Association Women in Insurance Award presented to Prudential Financial’s Caroline Feeney and Salene Hitchcock-Gear
2023 awards presented in a ceremony at Geneva Association Summit 50, the organisation’s 50th-anniversary event
ZURICH, 29 November 2023 – The Geneva Association is pleased to announce the joint winners of its 2023 Women in Insurance Award: Caroline Feeney, CEO of U.S. Businesses, and Salene Hitchcock-Gear, president of Individual Life Insurance, both with Prudential Financial.
As growing risks such as climate change impact insurance affordability, customers look to insurers to help prevent losses, reveals Geneva Association survey
ZURICH, 21 November 2023 – The world has experienced significant turbulence over the past few years. The COVID-19 pandemic, Russia-Ukraine war and global economic slowdown in quick succession have highlighted the fragility of our world order and the hazards inherent in an increasingly interconnected world.
Protecting society from an unprecedented cyberattack will require more than insurance, says Geneva Association report
Growing geopolitical tensions and the use of digital technologies are amplifying cyber risks, with cyberattacks increasing by 38% in 2022 compared to 2021, globally.[1] Although the dedicated cyber insurance market has grown rapidly over recent years, a huge protection gap persists, especially if an unprecedented, extreme cyber incident – striking multiple, large segments of the global economy – were to occur.
The Geneva Papers: Special issue on Emerging (Liability) Risks and Insurance in the Time of Pandemics | Summary
Issue summary
The COVID-19 pandemic presented many challenges to the global insurance industry, most notably with regards to coverage under business interruption (BI) policies, which saw a substantial upsurge in claims. In contrast, liability lines of insurance were often not affected as severely as anticipated.
The Geneva Association at 50 years: Roy Gori
Insurers have an important role to play in navigating the transition to a decarbonised global economy, which will require broad collaboration across the industry and with external stakeholders. In this video, Roy Gori, President & CEO Manulife, explains how The Geneva Association makes an impact by bringing insurance CEOs together and providing a solid knowledge base through its research to inform decision-making.