| Region | Preparedness index score (the higher the score, the greater preparedness) |
|---|---|
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
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June 2019
Worldwide
2019
900 respondents
insurance practitioners and industry observers in 53 countries
The source asked the respondents how well prepared the insurance industry was to handle the following risks identified:
Technology, cyber risk, change management, regulation, investment performance, climate change, competition, human talent, macroeconomy, interest rates, political risk, cost reduction, reputation, guaranteed products, business practices, quality of management, credit risk, social change, corporate governance, capital availability, and Brexit.
The Preparedness Index measures the average response given to the question:
鈥淗ow well prepared do you think the insurance industry is to handle the risks
you identified?鈥 where 1=Poorly and 5=Well. The higher the score, the greater
the implied level of preparedness.
