The primary mandate of a life reinsurance company’s CFO is to ensure that the company is positioned to succeed under as broad an array of economic and business environments as possible. Carrying out that mandate, however, is considerably different from the prior role, even as evaluated a decade ago.
The conventional wisdom about the life insurance industry – that it typically does well when the economy suffers – is no longer accurate. As the fluctuations in the world’s economies, more and more, directly affect the performance of life insurance companies – our clients – the range of outcomes for which a life reinsurance CFO must plan has had to broaden significantly.
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