Knowledge Highlights

Building a Talent Magnet: How the Property and Casualty Industry Can Solve Its People Needs

The property and casualty insurance industry faces a talent challenge. Left unaddressed, this problem will compromise carriers’ ability to compete against organizations outside the industry for top performers. To determine the root causes and find solutions, McKinsey conducted a comprehensive review, including interviews with industry leaders. The resulting report suggests that P&C firms can learn from other industries that have faced similar challenges, and recommends a set of actions that carriers can take individually and collectively to attract the next generation of talent.
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Knowledge Highlights

 

The Financial Services Practice produces reports on a range of industry and functional issues. We invite you to browse recent highlights of our work.

Capital Ratios and Financial Distress: Lessons from the Crisis
December 2009
There has been little evidence presented publicly to date on the impact of bank capital in mitigating financial distress. This paper attempts to contribute to the discussion by offering such evidence.   
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Opportunities for Canada’s Financial Sector
October 2009
Canada's financial sector weathered the crisis better than most. Its financial firms can use this strength to improve conditions for overall business competitiveness.   
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China's Card Market: Primed for Rapid Evolution
September 2009
China's card industry will soon achieve profitability for the first time. At this critical juncture, strategic decisions will be key determinants of long-term success.  
Download the article (PDF—160K)