Global: Digital capabilities help large insurers outpace average insurer profitability

Global: Digital capabilities help large insurers outpace average insurer profitability

Large Insurers Leverage Digital Capabilities for Higher Profitability

According to a recent study by ACORD, approximately 7% of the world’s largest insurers are achieving profitability above the industry average by utilizing comprehensive digital capabilities. The study highlights the role of digital tools in enhancing operational efficiency and financial performance for these insurers.

Original Source: https://www.asiainsurancereview.com/News/View-NewsLetter-Article?id=95363&Type=AIRPlus

Should private credit be stressing out insurers?

Should private credit be stressing out insurers?

Private Credit's Impact on Insurers Private credit is reportedly not a major concern for insurers, according to a recent piece on the Financial Times...

Read More
Insurers, reinsurers drive insurtech company investment

Insurers, reinsurers drive insurtech company investment

Insurers and Reinsurers Increase Investment in Insurtech A recent trend has emerged where insurance companies and reinsurers are stepping up their...

Read More
Customer Suspicion of Insurers Using AI Softens

Customer Suspicion of Insurers Using AI Softens

Insurance Customers Show Increased Comfort with AI Recent research from Guidewire indicates that insurance customers are becoming more comfortable...

Read More