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International Conference on the New Challenges in Insurance

International Conference on the New Challenges in Insurance

Co-organized by the SCOR Foundation for Science, the Toulouse School of Economics and the Institut Louis Bachelier, the conference was held from September 5-6, 2019, in Paris. 

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Highlighting SCOR’s commitment to risk research, this international conference brought leading economists and risk experts together in Paris to examine the many new financial and technological challenges facing the insurance industry, from derivatives to digitalization, while also considering the impact of emerging risks, climate change and new risk measures. Co-organized by the SCOR Foundation for Science, the Toulouse School of Economics and the Institut Louis Bachelier, and hosted by the Conservatoire National des Arts et Métiers, the event featured presentations by a number of pre-eminent insurance academics and marketplace experts, and also included a roundtable on big data and customization.
 
The challenges facing the industry, such as ageing, environmental risks, digitalization and big data, are huge and will profoundly reshape the structure of the whole sector, albeit progressively rather than by disruption in the case of digitalization. Consequently, companies with the appropriate adaptation strategies, designed to extend well into the future, should have a competitive advantage.

Click here to read the full program.

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Philippe Trainar
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One of the key priorities of the SCOR Foundation for Science is to monitor new challenges facing the (re)insurance industry, focusing particularly on how these challenges impact risks and the design of risk coverage tools. This conference has provided a unique opportunity for leading international experts to draw lessons from recent changes, to analyze the potential contributions of developments in digitalization, and to look at where the future of the industry is headed.

Author name
Philippe Trainar
Author position
President of the SCOR Foundation for Science