Life Insurance Market in China will grow to $666 bn in 2026
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
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
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
Cyber risk has become one of the top risks on risk managers’ radar given its increasing incidence rate and impact
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
A resilient portfolio construction, liquidity management, and integrated technology are becoming the focus of global insurers as they work on innovating investment approaches
The total cost of insurance fraud is estimated to be more than $40 bn per year. That means Insurance Fraud costs the average family between $400 and $700 per year
Global commercial P&C (non-life) insurance market, 145 insurer (carrier / underwriter) groups had GDPW in this category of more than USD 1 billion
The insurance industry is often described as “recession proof” but it’s definitely not inflation-proof. We’ll try to cover the what, why, and how of inflation
Because of significant exposure growth, the impact of social inflation, and climate change complications, Florida’s insurance market could struggle to respond to a repeat of a Category 5 hurricane
Insurance policies can cover up medical expenses, vehicle damage, loss in business or accidents while traveling. Life Insurance and General Insurance – major types of insurance
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
Digital Technology and Digitisation the consideration of trends and the desire for greater flexibility in product development and making insurance information available to clients
The personal accident and health (PA&H) insurance industry written premium sales in North America are projected to grow from $1.2 trillion in 2023 to $1.5 trillion in 2026
In survey of US insurance executives about the postpandemic scenario for insurers, optimism about the future was tempered by awareness of challenges
Insurance is critical to economic development as it enables economic activity by protecting lives, livelihoods and assets against insurable risks
Survey shows insurance marketing executives across sectors believe buyer expectations for acceleration of digital distribution channels
The increased use of new forms of risk transfer in the cyber reinsurance market to have renewed discussions about the potential role Insurance-Linked Securities (ILS)
Insurers surveyed by the Deloitte Center for Financial Services remain fairly bullish when it comes to their growth prospects for 2022
London Insurance Market have historically competed on expertise and not technology. The route to success was seen to be hiring the best underwriters
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 COVID-19 pandemic has prompted a widespread reprioritisation of tech
initiatives and will hasten the deployment of digital solutions across the world.
2023 was expected to be another bumper year for the insurance industry, but the invasion of Ukraine has dashed those hopes
In the 2022-2023 were highly active in many territories around the world. Natural hazard events occurred in Europe, Australia and USA
Fitch expect significant improvements in reinsurers’ financial performances due to higher prices in a hardening market, a rebound in activity
Global insurance resilience recovered, primarily due to strong improvement in health resilience, which natural catastrophe
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