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16 at a glance

AXA looks into the future with Foresight Report

• In a 2040 world, we will be living in a world with increased lo-
calization. Covid-19 will reverse globalization, forcing countries
to adopt the approach of “every country for itself”
• Due to the advancements in medical science, people will be-
come healthier and average life expectancy will have increased.
New treatments will have been found for incurable diseases.
Tuba Karataş Arıcan, CFO of AXA Sigorta, stated that the
Foresight Report shed light on the role of insurance market in
the future and its adaptation to change. “As the whole world
has left behind an unprecedented year marked by the pandem-
ic, destructive natural catastrophes and economic uncertainties;
trends shaping the future are shedding light on our route to-
In the 2021 edition of its Foresight Report, AXA shares its fore- wards progress, a more sustainable future and a fairer, more
sights about long-term changes by 2040 on issues ranging from robust and safer world. The Foresight Report is prepared based
climate change to transformation of healthcare services. AXA on comprehensive research and detailed data analytics, with the
continues its multi-national activities in light of the results of aim of helping us understand the possibilities of the future bet-
this report. ter. It also highlights the importance of insurance once again.
Insurance means resilience, rebuilding and creating opportuni-
AXA has published the 2021 edition of its Foresight Report, ties. As AXA Sigorta, we are acting in accordance with the most
which is an annual report looking into to the challenges and ideal potential scenarios to untie knots, and protecting people by
changes awaiting humanity in the future from different perspec- seizing the opportunities ahead,” she said.
tives. This year’s report features the opinions of AXA employees
all around the world, in addition to the analysists and experts Yavuz Ölken, CEO of AXA Sigorta, added that AXA Sigorta
of AXA Group’s Foresight Department. According to the re- would continue to play its part by supporting people against the
port, climate change, socioeconomic inequalities and healthcare changes and challenges of the future, as they always did. “Cli-
stand out as main trends that will help shape the future by 2040. mate change, socioeconomic inequalities and healthcare issues
The report places those topics as the driving forces of change, underlined in the Foresight Report are also top priority items
offering three different scenarios for the future, from the most in our 2021 agenda. We are trying to act as a catalyst for a
reasonable to the most probable. The report underlines the rise greener and more sustainable world, and aim to reduce our envi-
of “connected risks” which is also stressed frequently in AXA’s ronmental impact to a minimum level through our Eco-Friend-
Future Risks Report. ly Insurer approach. We are protecting our customers against
the risks imposed by climate change with our parametric in-
According to the 2021 Foresight Report which offers insights on surance products. We are designing our product portfolio to
change scenarios and visions about those scenarios as to what ensure that everyone can access insurance products, therefore
might 2040 look like, climate change, socioeconomic inequali- helping overcome the challenges imposed by socioeconomic ine-
ties and healthcare are listed as follows: qualities. Health is one of the most important topics for us. We
are making it easier for people to get the medical services and
• By 2040, potential impacts of climate change we are current- treatments they require from medical providers with products
ly talking about will have become real. According to scientists, like ‘Sağlığım Tamam’ – our complementary health insurance
global temperatures and sea levels will rise. Natural catastro- product, and ‘AXA Doctor’s Consultation Hotline.’ In the com-
phes occurring due to climate change will be experienced more ing term, we will continue to act for human progress by protect-
frequently and more severely. Biodiversity loss will slow down, ing what matters. At this point, we will keep offering innovative
but nature will remain under pressure. products and solutions to our market wherever needed,” he said.