Tue 28 Nov 2023 - Performance of the insurance industry is heavily driven by the macroeconomic environment and geopolitical landscape. Empirical evidence suggests the life insurance sector is more sensitive to the macroeconomic environment compared to the non-life insurance sector.
This session will cover the impact of current macroeconomic environment and geopolitical landscape on the financial services industry in general and the insurance industry in particular. It will also briefly cover the importance of alternative macroeconomic scenarios in risk management.
You can watch the recording of this webinar on the IFoA’s Virtual Learning Environment (VLE). Watch recording.
Rajeev Sharan is working as a Vice President (Scenario Design) in the macroeconomic scenario design team of Standard Chartered Bank. Rajeev has over 17 years of experience in macroeconomic and financial research with close to 15 years in the reinsurance industry.
In his current role, Rajeev is mainly responsible for designing alternative macroeconomic and climate risk scenarios relevant for the financial services sector. He also produces though leadership pieces on topics covering macroeconomic, geopolitical, and climate risks.
Before joining Standard Chartered in February 2023, Rajeev worked with Swiss Re for 15 years (since March 2008) as a Senior Economist and Global L&H Research Lead in the group economic research and strategy team, and managed a team of economists, data scientists, and natural catastrophe specialists.
Rajeev has led several research initiatives on a wide range of topics including health protection gap, mortality protection gap, climate change, digitalisation, machine intelligence, and profitability gap.
He has also contributed several thought leaderships pieces and articles in leading insurance journals and magazines, presented in industry conferences and client events, and delivered guest lectures in management colleges and universities in India and abroad.