全球保险业在过去五年(2012年1月至2016年12月)期间为股东创造了更多的价值,比其他行业回报率高达18.5%,而2,400家公司的中位数为16.2% BCG 2017 Value Creators数据库。四分之一保险公司的总股东回报率(TSR)为25.3%。但波士顿咨询集团(BCG)今天发布的一份报告,“2017年保险价值创造者报告:CEO价值指引”认为,领先的保险公司采用的策略在未来可能不那么有用。
The global insurance industry has had a strong run, with a total shareholder return of 18.5% over the past five years—an admirable feat given pervasive headwinds.
What the Winners Have Been Doing Right
Although there are many individual stories and underlying dynamics, capital allocation and expense reduction have played meaningful—and sometimes dominant—roles in the winners’ success.
What of the Future?
Many can still emulate the playbook of recent winners with portfolio restructuring and efficiency moves. Others need a new game plan.
Advantage, Returns, and Growth
Over the longer horizon, growth is the winning lever. For the ten-year period from 2006 through 2016, 95% of the value created by the top quartile came from growth.
Transformational Decisions
For the leaders of today to become the leaders of tomorrow, growth must return to the agenda. This is still possible with the necessary transformational mindset.