How quickly the world changed.
Avid readers might remember that in the December 2019 edition of Asia Insurance Review we carried a major cover feature called Vision 2020 that tried to explore the big themes for the year we were all facing.
We confidently summarised the wise words of many of the industry’s leading lights with a headline that said simply: ‘Sneak preview of tomorrow’.
How wrong we all were. No one could have foreseen what was going to happen with the pandemic and so it is with a renewed sense of humility that we offer this year’s Vision 2021.
We believe that 2020 hindsight is easy – 2021 foresight a little less so and, as before, no one has a crystal ball and so no one knows what will happen in the insurance industry next year.
Once again we asked some of the best and most experienced minds in Asia and around the world about their predictions for 2021. What we got makes for fascinating reading.
As before, the idea is that these collective insights will give our readers plenty to think about over the Christmas lull – focusing minds for the year ahead, sparking new thoughts or new themes, leading to new products or new initiatives.
Some of the comments and insights are quite unique – while others explore themes that arch across insurance, reinsurance, broking, actuarial, InsurTech and more.
There is much food for thought in the pages that follow – and we hope that it adds to the sum of knowledge amongst insurance professionals – while making for an entertaining year-end read.