How do other tech and fintech innovations drive the digital transformation of insurers?
To meet the demands of today's consumers, companies must constantly innovate.
Global premiums in cyber insurance will reach $29 billion by 2027
Munich Re has prepared a report on cyber threats, which contains survey results and analytical forecasts of the cyber risk insurance sector.
Investments in other technologies that use AI technologies increased by 18% to $2 billion
Funding for other tech companies using artificial intelligence technologies grew 18% in 2023 compared to last year, attracting nearly $2 billion in private equity and venture capital funding.
The Cabinet of Ministers approved the list of military and political risks and the procedure for their insurance and reinsurance
The Cabinet of Ministers of Ukraine approved the list of military and political risks, as well as the terms and conditions of insurance (reinsurance) of military and political risks during the activities of the Export Credit Agency (ECA).
The insurance market of Ukraine grew by 17% in the 4th quarter of 2023
The volume of assets of risk insurers in the IV quarter of 2023 remained unchanged, and for the whole of 2023 it increased by only 1%. Assets of life insurers grew by 4% for the quarter and by 17% for the year.
The global cyber insurance market expects another year of growth in 2024
The global cyber insurance market is set for another year of growth in 2024, but experts warn of increased risks
The global reinsurance market is expected to liberalize tariffs in 2024
The 2024 Commercial Property Insurance Trends Report has been released, highlighting a more balanced reinsurance market compared to the tough conditions of 2023.
Health and safety risk to directors and officers is a major D&O risk
In 2024, health and safety risk ranks first in the list of potential risks for directors and officers (D&O), according to analytical surveys.
Demand for reinsurance will remain high, with rates peaking in 2024
Moody's Investors Service analysts expect demand for reinsurance protection to remain strong in 2024
3 trends in insurance: artificial intelligence, digitalization and agency sales
Technology and new sources of data are fundamentally changing our economy and society, and promise to transform the insurance industry.
Insurance of sea transportation through Ukraine has been extended to all types of cargo
The Unity Facility grain transportation insurance mechanism through the Ukrainian maritime corridor, which has been in effect since November 2023, has been extended to vessels carrying any cargo since February 2024
The National Bank of Ukraine updated currency restrictions in the insurance sector
The National Bank of Ukraine updated currency restrictions in the insurance sector.
The global insurance market in 2023 demonstrated resilience
The global insurance market in 2023 demonstrated resistance to inflationary pressure.
Ukraine, together with international partners, has developed a concept of military risk insurance
On February 5, the National Bank's Financial Stability Board approved a conceptual memorandum for the creation of a war risk insurance system in Ukraine.
Global insurance losses from natural disasters in 2023 reached $118 billion, economic losses $380 billion
Global insured losses from natural disasters during 2023 grew 31% above the 21st century average, surpassing $100 billion for the fourth year in a row.