Tobias SONNDORFER, Keynote Speaker at the AM Best's CEE Insurance Market Briefing in Vienna

29 February 2024 — Daniela GHETU

Tobias SONNDORFER, Vice-Chairman of the Board of Directors, VIG Re, will give the Keynote Speech on the changing landscape for CEE (re)insurers at AM Best's CEE Insurance Market Briefing – Vienna, on 17 April.

Insurers are in the business of risk, but the risk landscape constantly changes. Until a decade ago, there was a degree of stability globally, with less anguish about the economic, environmental and geopolitical forces at play. In the recent years there have been frequent natural catastrophes, pandemics, supply chain breakdowns, heightened inflation and interest rate rises, that are forcing industry participants to consider whether we are in a Poly/Permacrisis, and how to manage it.

Navigating geopolitical and emerging risks” poses undeniable challenges that the conference will address. The emerging markets of the CEE may face heightened difficulties in certain respects, given their potentially limited capacity to manage various changes. However, they also have the opportunity to leverage their delayed state of development to their advantage. These markets can directly access the latest technologies, bypassing the need to contend with legacy systems. They have the flexibility to configure processes that are closely aligned with emerging realities and trends. In this way, they can transform their developmental lag into a strategic advantage, embracing innovation and adaptation in an ever-evolving landscape.

AM Best analysts and other leading industry practitioners in the CEE will share their insights on trends and challenges in the industry and how firms are navigating it.

Participation in the event is free of charge, subject to available seats.

More details on the conference agenda are available on the event’s webpage. Registration is open online.
 

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