News Deck – Week 23 Preview
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In this week’s edition of News Deck, we have collected together stories from across the industry, including:
- Controversial and passionate is the discussion about whether digitalization and insurtechs disrupt the German insurance industry as it does in China with Ping An or Ant Financial, the Fintech/Insurtech subsidiary from Alibaba and the most valuable start-up of the world VW-heute (German)
- The implementation of IFRS 17 is estimated to cost insurers globally about $20 billion according to a survey by WTW, issues relate to people, data, systems, and processes and if insurers are to unlock value from IFRS 17 they should aim for significant business process improvements including automation, efficiency and auditability ‘out of the box’ reinsurancenews (English)
Read the full report here