(Re)Insured Losses for Ukraine War & Ultimate Industry Loss Outlook
The war in Ukraine has brought devastating humanitarian consequences first and foremost, but also unexpected losses and economic shocks
Insurance Industry
Subscription Model’s Benefits for Insurance & InsurTech Industry
Subscription models have been a hot topic of conversation in the insurance industry for several years. For some, the prospect of subscriptions becoming the dominant model
Saudi Arabia’s Insurance Market Outlook: Growth & Digitalisation
Saudi Arabia’s insurance market, the second largest in the Gulf region by gross written premium (GWP) after the UAE, offers a vibrant and competitive environment
UK Home Insurance Market Research: 70% of Consumers Considers Price First
According to UK Home Insurance Consumer Research, the first thing that a consumer looks at when choosing home insurance is price
Insurers Accelerates Investments in Digital Technologies & Automation Strategies
Insurers are accelerating their investments in digital technologies, applying Artificial Intelligence (AI) and automation strategies across entire business functions
Agricultural Insurance in Africa. How Farmers Can Reap Benefits of Crop Insurance?
Earlier this year, a Grain SA survey indicated that 22% of grain producers in South Africa had lost more than 60% of their white maize plantings to water damage in 2022
War in Ukraine Slows Growth of Global Re/Insurance Market
The year 2022 can be characterized as one of the most challenging years in recent decades from the social, financial, political environment points of view
How Russian War in Ukraine Impacts for Global Insurance Sector?
More than 10 months into Russia’s invasion of Ukraine, the war’s long-term impact is coming into focus. The War prompted many multinational corporations to voluntarily exit
Exclusions into International Reinsurance Coverage for Ukraine, Russia & Belarus
In the negotiations taking place on contract renewal, it has turned out that the international insurance industry is no longer willing to agree on coverage for Russia and Belarus
CEE Insurance Market Review & War in Ukraine Impacts
2024 year started in a dramatic, unexpected way. CEE states have travelled a long way after the fall of the Iron Curtain
InsurTech Market Faces a Valuation Decline. How Insurers Can Take Advantage?
For nearly a decade, insurtechs have experienced rapid growth and skyrocketing valuations. But in 2022, investors’ optimism tempered by compounding pressure
Global Insurer’s Structured Securities Investments Outlook
Insurance companies continued to follow a years-long trend by increasing their structured securities investments, with 3% growth year over year to $1.14 trillion
Insurance CEO’s Priorities to Drive Insurer Growth — Digital Technology, Talent & ESG
With swirling changes across the industry, KPMG surveyed 134 insurance CEOs, to gather their insights and perspectives on the industry and economic landscapes over the next 3 years
How Insurance Companies Are Preparing for a Net-Zero Future?
The insurance industry has had to rethink its business strategies to prepare for more ambitious decarbonization initiatives across sectors
Insurers Should be Think How Insurance Policy Fits with Customers Lifestyle
Insurance customers are open to new services that mitigate risks and believe that insurers should be tackling climate change proactively
New Customer & Technology Trends in the Changing Insurance Market
The insurance industry will continue to follow in the tech world’s steps by rapidly innovating and shifting the way it does business in order to better serve
Global Cyber Crime, Fraud & Ransomware Survey
Insidious form of crime is accelerating and evolving, as acceleration to ecommerce and remote work opened up new avenues of entry for fraudsters
Insurers’ Finance Transformation and Priority of IFRS 17 Compliance
Insurers’ efforts around Finance Transformation have mainly focused on the immediate priority of IFRS 17 compliance. What’s beyond?
How P&C Insurance Companies in the United States Can Increase Inflation Resilience?
As property and casualty insurers in the United States struggle to maintain profitability, executives will need to direct a coordinated response across pricing, underwriting, claims
Insurance Industry & Country Risk Assessment for the Global Marine P&I Sector Outlook
S&P Global Ratings’ insurance industry and country risk assessment (IICRA) for the global marine protection and indemnity (global P&I) sector is intermediate
2025 South Korea Insurance Market Outlook: Insurance Companies Performance
The Korean financial performance of life insurers should marginally improve in the near term, driven by a gradual rise in investment yields and a greater portion
Сloud Technology for Insurance Industry. What Insurers Should Know?
Successful cloud migrations depend on knowing where the value for insurance lies in cloud and on business and IT working together
China Life & Non-Life Insurance Market Outlook 2024
Fitch Ratings’ neutral outlook on China’s insurance reflects view that the sector will maintain a sound solvency buffer and steady premium growth
German Life & Non-life Insurance Sector Outlook 2023
Deteriorating sector outlook for the German insurance market is deteriorating for 2023, reflecting expectation that inflationary pressure on claims
How Can Insurance Industry Prepare for the Metaverse?
What is new is the rise of industries like insurance, finance, retail, and more getting into the metaverse. 30% of organizations will have services ready for Metaverse
AM Best maintains a stable outlook for the UK life insurance market, supported by strong pension-related activity, steady expansion in defined contribution (DC) pensions
Directors and officers face rising legal and regulatory risks from AI adoption, cyber threats, and evolving privacy laws across the Asia Pacific region
Severe weather in Kentucky drives up insurance rates, strains carriers, and prompts regulatory changes as tornadoes and hailstorms increase in frequency and cost
California’s Insurance Market: The Case for Risk-Based Pricing and Data-Driven Mitigatio. California’s insurance availability/affordability challenges