![]() ![]() Fully half (51%) of insurance CEOs list the impacts of inflation as their top concern for the next year, followed by economic volatility (37%) and geopolitical risk (23%).īut Strain’s long-term view shows an acute awareness of another important finding: more than a third (37%) of insurance chief executives say their company will not be economically viable in ten years’ time if they continue on their current path. And that preoccupation continues today, according to PwC’s 26th Annual Global CEO Survey. That was at the height of the pandemic, when many CEOs were preoccupied with short-term financial pressures. When Kevin Strain was appointed chief executive officer of the Toronto-based insurer Sun Life in 2021, he built his strategy around a core principle of the centuries-old insurance industry: thinking long-term and building sustainable businesses. This interview is part of the Inside the Mind of the CEO series, which explores a wide range of critical decisions faced by chief executives around the world. ![]()
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