Kai-Uwe Schanz Appointed Deputy Managing Director of The Geneva Association

ZURICH, 18 November 2019 – The Geneva Association, the global organisation of insurance and reinsurance Chief Executive Officers (CEOs) and leading think tank of the insurance industry, is announcing the appointment of Kai-Uwe Schanz as Deputy Managing Director and Head of Research & Foresight, effective 18 November 2019.

New Geneva Association and IFTRIP task force to address emerging cyber terror risks

The Geneva Association is lauching a joint task force on cyber terrorism and cyber warfare with the International Forum of Terrorism Risk Reinsurance and Insurance Pools (IFTRIP). The special-purpose task force aims to conduct research on cyber terrorism risks across the re/insurance industry. Its initial findings will be published in mid-2020.

ジュネーブ協会エルンスト・マイヤー賞が保険業界の抱える重要な課題への学術的貢献を表彰

2019年ジュネーブ協会エルンスト・マイヤー賞(2019 Geneva Association Ernst Meyer Prize)はゲーテ大学(Goethe University)(フランクフルト)クリスチャン・クビッツァの論文、「金融の安定性と市場に関する小論文(Essays on Financial Stability and Markets)」と、エコール・ポリテクニーク(Ecole Polytechnique)(パリ)アレクシス・ルーアスの論文、「破滅的リスクの保険引受能力(Insurability of Catastrophic Risks)」に授与されました。

Geneva Association Ernst Meyer Prize 2019 Recognizes Academic Contributions to Key Issues Facing Insurance Industry

The 2019 Geneva Association Ernst Meyer Prize has been granted to Christian Kubitza of Goethe University (Frankfurt) for his thesis, Essays on Financial Stability and Insurance Markets, and to Alexis Louass of Ecole Polytechnique (Paris) for his thesis, Insurability of Catastrophic Risks.

Press release: Insurers take decisive step in climate risk modelling through cross-sectoral mobilisation

Developing and scaling up the integration of the next generation of risk models requires cross-sectoral collaboration, and the insurance industry plays a critical role as risk managers and investors. This was a key takeaway of The Geneva Association's 2019 Climate Change Forum held 11–12 July in London, sponsored by Tokio Marine Holdings.

Building trust is key to addressing underinsurance in mature markets: Geneva Association customer survey

Insurance protection gaps in mature markets could be narrowed by reinforcing trust in insurers, reveals a survey commissioned by The Geneva Association. The research report Underinsurance in Mature Economies: Reasons and remedies distils a number of takeaways from the survey's results and proposes a framework of five factors that influence underinsurance: institutions, sociodemographics, economics, behavior and culture. 

Research on potential of insurance to counter climate change wins 2019 Shin Research Excellence Award

The Geneva Association and the International Insurance Society announced today that Alexander Braun, Sebastian Utz and Jiahua Xu, hailing from the University of St. Gallen in Switzerland, have won the Shin Research Excellence Award for their paper Are Insurance Balance Sheets Carbon-Neutral? Harnessing Asset Pricing for Climate-Change Policy.

Healthcare protection gaps in emerging markets: An opportunity for health insurers to serve the most vulnerable

The report ‘Healthcare in Emerging Markets: Exploring the Protection Gaps’ analyses the health protection gap as out-of-pocket spending that is financially stressful for households. The Geneva Association estimates the annual health protection gap in emerging markets at about USD 310 billion, or approximately 1% of these countries’ aggregate gross domestic product.

Also of interest: 

The Geneva Association Board appoints Jad Ariss as Secretary General

Jad Ariss has been appointed Secretary General of The Geneva Association, effective 1 March 2019. Mr Ariss' distinguished and diverse career has included his most recent role as AXA Group Head of Public Affairs and Corporate Responsibility, as well as CEO of AXA Middle East & Africa, Group Head of Investor Relations, CEO of AXA Enterprises, and Deputy CEO of AXA France.

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