Performance of the insurance industry is heavily driven by the macroeconomic environment and geopolitical landscape. Empirical evidence suggests the life insurance sector is more sensitive to the macroeconomic environment compared to the non-life insurance sector. This session will cover the impact of current macroeconomic environment and geopolitical landscape on the financial services industry in general and the insurance industry in particular. It will also briefly cover the importance of alternative macroeconomic scenarios in risk management.