Anika Falk / Chief Executive Officer
Perspectives from a life in leadership.
The latest essay
European insurers are choosing between quietly withdrawing flood cover and spreading its cost invisibly across every customer. I argue for a third course: prices that reflect the hazard, prevention the insurer helps to pay for, and public support only for the layer no private balance sheet should hold.
Read the essayEuropean insurers are choosing between quietly withdrawing flood cover and spreading its cost invisibly across every customer. I argue for a third course: prices that reflect the hazard, prevention the insurer helps to pay for, and public support only for the layer no private balance sheet should hold.
IFRS 17 lets a property and casualty insurer report a lower combined ratio when interest rates rise, without any change in underwriting. I argue that insurers should lead with the undiscounted figure and publish one consistent bridge to the discounted one.
Managing general agents and consolidated brokers now write a growing share of European commercial insurance under the insurer's name. I argue that binding authority should be granted in return for timely risk-level information, and that commission should reward that information rather than premium volume.