A.M. BestTV: Asia Insurance CFOs Role Expands to Meet Regulatory, Technology and Cost Pressures
https://www.businesswire.com/news/home/20180531006300/en/
OLDWICK, N.J.--(BUSINESS WIRE)--May 31, 2018--In this A.M. BestTV episode at the 12th Asian Insurance Chief Financial Officers (CFO) Summit in Hong Kong, CFOs said that a sharper focus by company leaders on compliance, profitability and technology competition has them handling an expanding array of responsibilities. Click on http://www.ambest.com/v.asp?v=hkcfosummit1518 to view the entire program.
“It is a very big challenge for CFOs today,” said David Alexander, chairman, general insurance council, The Hong Kong Federation of Insurers. “You have to cope with all of these structural changes in the market, as well as prepare accounts to quality standards, which require good set-ups. All of these changes are very challenging for the CFOs, who are also under cost pressures.”