Opinion: Where is our North Star? Solutions not gestures are what we need now

brendan-mccafferty

I recently tuned into Warren Buffet speaking at the famous Berkshire Hathaway AGM. He said something curious: “Insurance has capital available but it doesn’t use capital.”

Perhaps we in insurance – even through the global financial crisis of 2009 – assume that our capital is abundant, and it will always be available and never be really tested and called upon? Until now perhaps.

Our industry, that I am proud to be part of and have spent my career in, is under real pressure. Our response to

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