Global Insurance Market Premiums & Rates Forecast for 2024-2028
Swiss Re Institute expects the insurance industry to return to premium growth of 2.1% annually on average in real terms in 2024
Insurance Trends reviews on Beinsure Media offers insightful analyses and updates on the evolving landscape of the insurance industry. This section explores current and emerging trends that shape the sector, including technological advancements, regulatory changes, and market dynamics. It covers topics such as digital transformation in insurance, shifts in consumer behavior, and innovations in insurance products and services.
By focusing on these trends, Beinsure Media aims to provide readers with a clear understanding of how these factors influence the industry’s future and impact both insurers and policyholders. The content is designed to help industry professionals, stakeholders, and consumers stay informed and adapt to the ongoing changes in the insurance market.
Swiss Re Institute expects the insurance industry to return to premium growth of 2.1% annually on average in real terms in 2024
Total global insurance market premiums grew by 6.1% in real terms to $7,186 trln. The non-life sector posted 5.5% growth, driven by rate hardening in commercial lines
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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