Global Insurance Premium Volumes to Reach New High
For insurers, the main inflation impact will show in rising claims costs, more in non-life than life insurance in which policy benefits are defined at inception
For insurers, the main inflation impact will show in rising claims costs, more in non-life than life insurance in which policy benefits are defined at inception
Global merger and acquisition (M&A) activity remained robust through 2021, with 418 completed deals in the insurance sector, up from 407 in 2020
UK motor and home insurers expect to make largest annual loss in well over a decade this year, with further losses forecast in 2023
Forced virtualization of work during the pandemic has fueled revolutionary changes in employee expectations and upended many traditional employment models
Raising revenue hasn’t been an issue for most nonlife insurers, thanks to some of the highest property-casualty insurance rate increases posted in years
Necessity has indeed been the mother of reinvention for the insurance industry these past few years, as most carriers were remarkably adaptive
The global expansion of the professional sport industry combined with the varying type of its insurance needs, has resulted in the exponential growth of the sports insurance
Fire and explosion incidents cause the most expensive insurance claims in the marine industry, exposures and inflation, cargo damage is the most frequent cause of loss
By increasing cyber security, companies are less attractive to attackers. It is not commonplace for us to see clients with strong cyber maturity and security mechanisms
Delivering personalised experiences and meeting consumer demands has been a key priority for insurers and insurtechs
Insurance is essential, but the premiums can add up quickly: healthcare, car, house, disability and life, to name a few.
Life insurers in continental Europe have been grappling with a combination of cost, regulatory, and interest rate challenges for much of the past decade
G20 business leaders are more focused on short-term economic concerns – like rapid inflation, debt crises, and the cost of living crisis – than on environmental and cyber risks
AM Best is revising its outlook for the German non-life insurance segment to Negative from Stable, mainly driven by uncertainty and significant changes
Smart contracts for digital insurers are getting a lot of attention these days. They offer a faster, safer, and less expensive way to provide cover
As one of the hottest topics in the insurance industry in recent years, corporate ESG matters now top the strategic agendas of senior business leaders
Global business insolvencies are expected to rise +19% in 2023 and +18% in 2024, a significant rebound after two years of decline
State of Cybersecurity Automation Adoption was conducted to build on the findings of a survey of senior UK cybersecurity professionals carried out
Early adopters of ecosystems in insurance demonstrate how to create near-term value and build a foundation for long-term success
Life insurance market in China is set to grow at a compound annual growth rate (CAGR) of 6.3% from $484.4 billion in 2021 to $665.6 billion in 2026
Insurance customers, agents, and brokers have come to expect a certain type of experience based on daily interactions with modern technology platforms
Geopolitics, war, disruptions of supply chains and climate change can have a great impact on the re/insurance industry in China and emerging Asia
Pressures around data and technology, and increasingly complex regulation are forcing insurers to transform their tax and finance operations
Insurers are confronting a new environment, in which disruption from the COVID-19 pandemic presents both short- and long-term challenges and opportunities
Rising interest rates and a weakening economic picture affecting pricing and demand is setting insurers for low premium income growth in 2023
After the sudden shift to remote work, cloud adoption is still in progress and, as this report proves, is expected to continue over the next 12-18 months
Amongst the growing number of challenges facing insurers is the important – yet often overlooked – consideration of foreign exchange (FX) risk management
Insurance Brokers need to stop expecting customers to pick up the cheque for their inefficiencies” is a statement I’ve found myself making more and more in recent months
Using low-code configuration tools, insurers can establish a set of base products which can be used as the foundation for product variations in order to tailor coverage
Insurers in Florida are currently barred from non-renewing or canceling policies, under an emergency order issued by the state’s Insurance Commissioner
Insuramore’s recently published ranking for the global auto (motor) insurance market shows that its GDPW rose to around USD 822.5 billion
The risk of a prolonged Russian invasion of Ukraine will further complicate the resolution of aircraft leasing insurance claims which would take years to settle
Female millennials are often left out of the insurance conversation. In a world striving for financial equality, solving this problem is critical, and from a commercial perspective
For the digital asset market, insurance has proved something of a conundrum. As the sector has surged in value, the need for coverage has grown, but it has not proven easy
Insurers across the 17 CEE Insurance markets under the scope reports ended 1Q2024 with GWP amounting to EUR 11.4 billion, up by 10.2% y-o-y
Insurance carriers and agencies should start considering how to court the next generation of clients, as baby boomers will be leaving record-breaking levels of wealth
Discover eight key tips to help insurers respond to the risks and opportunities of the growing scrutiny of their performance and identity through an ESG lens
In survey of US insurance executives about the postpandemic scenario for insurers, optimism about the future was tempered by awareness of challenges
Since the start of the Russia`s War in Ukraine, the global (re)insurance industry has been working to help those affected by the conflict
Tech-driven innovation is reshaping the insurance industry: telematics, artificial intelligence, machine learning transformed insurance area
Swiss Re expect total premiums volumes will rise USD 7 trillion for the first time ever by the end of 2022. Rate hardening in commercial lines will continue growth
The new InsurTech100 list recognizes the world’s innovative technology providers that address the digital transformation in insurance
2023 was expected to be another bumper year for the insurance industry, but the invasion of Ukraine has dashed those hopes
Insurance Europe call for supervisory and regulatory approaches to climate-related risk that reflect realties of insurance business.
Revenues earned worldwide by MGAs, MGUs and cover-holders had a value of around USD 12.5 bn. 55 of the top 250 MGA groups belong to insurance brokers