The continuing conflicts and additional geopolitical tensions in Jap Europe and the Center East, coupled with upcoming elections in numerous key nations together with the US and the UK, make this a difficult yr to foretell the impression of such world occasions on the insurance coverage sector.
Extreme climate occasions will preserve local weather dangers on the prime of the insurance coverage agenda, and the function of insurers in tackling the local weather disaster will stay important. There isn’t any hiding from the rise of AI, and utilizing AI responsibly, with regulation on the horizon. Is the insurance coverage trade prepared for AI?
2024 and past guarantees to be a fancy panorama for the insurance coverage market, requiring a vigilant method to navigate challenges and capitalise on rising alternatives.
