RGA

Welcome

Welcome to the third EMEA Quarterly newsletter of the year, I hope you are refreshed and recharged from your holidays, and building momentum for another successful year. It is my pleasure to bring you several timely articles that you may find useful in this effort. It is also my honor to have been asked once again by SoMe magazine to share my thoughts on the opportunities for our industry, and to share these here with SoMe’s kind permission. When they interviewed me last year the focus was on the future of our industry in a social media world. This year our discussion is on what truly sets us apart: Focus on Your Essence, Delivering Value to Your Customers.

Everyone is talking about innovation these days, but getting beyond the talking stage can still be a challenge. Anthony Gastineau, Digital Marketing Officer in RGA’s France branch office, is studying the ways insurance companies are approaching both the challenge and the future, and shares his commentary in Insurance Is Now! 

One part of that future involves automation in underwriting, and Georgio Mosis, Head of Innovation Management for RGAx in Asia, describes the evolution and opportunity of artificial intelligence in our most human discipline of underwriting in his article, Artificial Intelligence and Underwriting: An Augmented Look at the Big Picture.

Pandemic is another prospect for the future, and when predicting the future it helps to understand the past. Dave Rengachary, M.D., Senior Vice President and Chief Medical Director for RGA U.S. Mortality Markets, provides lessons learned from recent and historic pandemics in his article, Bugs, Behavior and Beyond.

If you have trouble picturing the connection between Big Data and the surprising outcome of the 2016 presidential election, and what that connection means to our industry, then I urge you to read Data, Analytics, Behavioural Science and the U.S. Presidential Election by Lynne Molloy, Business Development Actuary for RGA Reinsurance Company of South Africa Limited.

Cancer is the second-leading cause of death world-wide, and its impact is particularly felt in the Gulf Cooperation Council (GCC) countries. In Global Trends: Surviving Cancer, Surviving the Cost of Cancer Care, Dr. Dennis Sebastian, Health Director, Middle East, shares trends showing that cancer is becoming more survivable physically, but also more devastating financially.

As always, we are grateful for your continued support and business. We have had another good quarter and are on track for a successful year, and we know this is possible because of the trust you place in us. We are eager to continue to earn that trust and to do our part in helping you to succeed.

Olav Cuiper

Executive Vice President, Head of EMEA
RGA International Reinsurance Company dac

September 2017