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Insurers are boosting spending on scenario modelling, optimisation and testing in the face of rising investment complexity and challenges for the industry, a new global study among investment management professionals in Life Insurers, London Markets (re)insurers and investment managers who support insurers, shows.
Nearly nine out of 10 (87%) questioned are increasing spending at their own firm while 86% expect increased spending across the sector as a whole over the next three years, with 14% forecasting a dramatic increase. The study from Ortec Finance, the leading global provider of risk and return management solutions for insurers and other financial services companies, found 84% believe the level of investment complexity and challenges the industry faces will...
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