Are too many cooks spoiling the broth in the global insurance kitchen? That's the burning question we're tackling in Episode 128 of Current Account with Clay Lowery, airing live on December 15, 2025, at 9:30 AM. With economic uncertainty, regulatory shake-ups, and a rapidly evolving risk landscape, the insurance industry is at a crossroads. But here's where it gets controversial: Can insurers keep up with the pace of change, or are they destined to fall behind?
In this thought-provoking episode, Clay sits down with two industry heavyweights: Jérôme Haegeli, Swiss Re Group Chief Economist and Head of Swiss Re Institute, and Philippe Brahin, IIF Director of Insurance and NBFI Regulation and Policy. Together, they dissect the forces reshaping global insurance markets—from trade wars and tech disruptions to the escalating threat of natural disasters. And this is the part most people miss: How are insurers really closing the protection gap, and what does it mean for policyholders?
The conversation doesn’t stop there. Clay and his guests dive into the Treasury’s recent announcement about the Financial Stability Oversight Council (FSOC), unpacking its broader implications for the insurance sector. They also peer into the crystal ball, forecasting what lies ahead for 2026 and beyond. With global insurance premium growth projected to slow to an average of 2.3 percent in real terms—slightly below the past five years—insurers face a critical question: What will it take to stay resilient and profitable in an increasingly hostile environment?
Bold prediction alert: The industry’s traditional strategies may no longer suffice. Insurers must innovate, adapt, and rethink their investment capabilities to thrive. But is the sector moving fast enough? We’re not afraid to ask the tough questions—and we want to hear your thoughts too. Do you agree, or is there another side to this story?
For a deeper dive into the trends shaping insurance markets, check out Swiss Re’s eye-opening report, Shifting Sands: Global Economic and Insurance Market Outlook [insert link: https://www.swissre.com/institute/research/sigma-research/sigma-2025-05-global-economic-insurance-outlook-shifting-sands.html]. And don’t forget—Current Account will be back with fresh insights in January 2026. Until then, let’s keep the conversation going. What’s your take on the future of insurance? Share your thoughts in the comments below!
