Business Class of Excellence

During this two-week course, you will learn to:

• Assess ESG (environmental, social and governance) investment
• Analyze regulatory requirements and their impact on company capital
• Reflect on skills required of an insurance leader
• Understand cognitive biases undermining expert judgement and how to address them
• Outline the principles behind the new insurance standard IFRS 17
• Develop an understanding of what sustainability requires and how to apply it across your company
• Describe special insurance risks, products and new technologies/trends in the insurance industry
• Think critically about data, take data-informed decisions and leverage data and analytics to open new potential of writing business and make insurance even more successful
• Understand insurance companies’ fundamental business and financial performance drivers
• Evaluate the impact of reinsurance solutions on a company’s market value
• Apply knowledge gained from an insurance management simulation

Participants are professionals with 5–10 years' experience in insurance companies. They should have sound underwriting know-how in one or several lines of business, and some financial knowledge would be of advantage. They are recognized as specialists in their fields and have potential to take on further responsibilities within their companies. Good business English skills are of utmost importance. All participants are expected to actively contribute to discussions and group exercises.

• Insurance/reinsurance market today
• Emerging risks
• Sustainability
• Boosting prediction accuracy with behavioural & decision science
• ESG (Environmental Social & Governance) investing
• Leadership skills for insurance leaders
• Accounting for insurers
• IFRS 17 principles
• Special lines: Engineering, Marine and Mobility & Transportation (for P&C attendees)
• Life & Health (for L&H attendees)
• Data literacy & analytics
• Insurance business value drivers
• Insurance Management Simulation

The event may be photographed, videotaped, filmed and /or digitally recorded. You consent to Swiss Re's use, free of charge, of any memorialization of the event in which you may appear for any Swiss Re publication or promotional purpose.

• Registration & welcome
• Introduction to programme, participants and team building
• Cocktail and welcome dinner

• Insurance/reinsurance trends
• Sustainability
• Emerging risks

• Accounting for insurers
• IFRS 17
• Insurance accounting 2.0
• Barbecue dinner

• Boosting prediction accuracy with behavioural & decision science
• ESG (Environmental, Social and Governance) investing
• The leadership advantage

P&C class, 08:30 – 17:30

• Engineering
• Marine
• Automotive & mobility

L&H class, 09:00 – 17:00 

• Capital requirements – a global overview
• Financial KPI's and management tools for insurance companies
• Latest developments in reinsurance solutions to address capital issues
• IFRS 17 – A high level outlook of what is to come and what reinsurance can do to help

• Data literacy, culture & innovation
• Data analytics

• Excursion to Mount Rigi and Lucerne

• Insurance business value drivers (how the performance of an insurance company is measured and the strategic levers that are available to improve it)

• IMS* (Insurance Management Simulation) introduction
• Site visit to Climeworks, Hinwil, a new direct air capture plant near Zurich
• Dinner in Zurich

*IMS (Insurance Management Simulation)

You are part of an executive management team of a small to medium P&C insurer active within a competitive marketplace. You will need to generate attractive returns for your shareholders, while providing a stable capital base and appropriate risk appetite for sustainable performance.

Our IMS programme will teach you the key drivers of shareholder value, including underwriting portfolio, capital structure, ALM, solvency and reinsurance requirements. You will manage projects from big data to sustainability and from consumer experience to product innovation.

• IMS* continuation

• IMS* continuation

• IMS* end
• Closing of programme, farewell ceremony and lunch