Key trends of 2024
Insurers identified key trends that will shape the insurance landscape in 2024.
In the third quarter, the InsurTech sector attracted $1.1 billion in funding
For the third quarter of 2023, companies from the insurance technology sector InsurTech attracted $1.1 billion in funding worldwide
Elements of an effective cyber insurance market and analysis of cyber risk insurance data and trends
The Property-Casualty Insurance Association of America (APCIA), in collaboration with CyberAcuView, has released a comprehensive analysis of data and trends in the cyber insurance market.
The first insurance projects against military and political risks have already begun to be implemented in Ukraine
The first insurance projects against military and political risks have already begun to be implemented in Ukraine thanks to cooperation with international financial organizations and national export credit agencies of partner countries
How the war in Ukraine affects the global insurance sector
The last two years are the most difficult years in recent decades in terms of the social, financial and political environment.
The cost of insuring ships against military risks passing through the Black Sea is decreasing
Ukraine's active recovery of shipments through the alternative sea corridor of the Black Sea is gradually reducing the cost of ship insurance.
Digitization is the source of the growth of insurers and the efficiency of the insurance industry
Digitization is a source of new growth, new risks and new efficiencies for the insurance industry. The creation of digital value has led to an increase in the intangible assets of companies, including digital data.
The International Union of Marine Insurance named the main risks for the industry
The annual conference of the International Union of Marine Insurance (IUMI) was held in Edinburgh, Scotland, where participants identified the most important risks for the marine insurance industry.
The war in Ukraine and systemic cyber threats are creating challenges for the global insurance market
Війна в Україні створила складну мережу ризиків і геополітичних альянсів, де національні стратегічні інтереси тимчасово залишилися осторонь, щоб визначити напрямок на транснаціональному рівні.
Global reinsurance prices are poised to grow across all sectors in 2024
Global reinsurance prices are poised for further growth across all sectors in 2024, continuing the recent trend.
Insurance losses due to natural disasters have reached record levels
Середньорічна сумарна вартість страхових збитків за ризиком природних катастроф досягла рекордного значення $133 млрд.
Global property insurance prices increased by 10% in 2023
Global property insurance prices increased by an average of 10% in the second quarter of 2023, as in the first quarter.
83% of companies are actively looking for additional insurance coverage
83% of business owners expressed concern about specific events or losses that could affect their business
Global consumer demand for embedded insurance is huge
Embedded insurance is becoming a popular trend for financial companies that plan to receive at least 10% of this type of service within three years.
Insured losses from natural catastrophes consistently exceed the decade average
The main reason for the rapid growth of losses from natural disasters is climate change and the increased risk of floods, hurricanes and forest fires.