Oleg ParashchakinForinsurerInsurers continued to grow despite lower returns & interest ratesIn contrast to public insurers’ drive to minimise balance sheets and pursue fee revenues, mutual insurers continued to offer traditional…Jun 19Jun 19
Oleg ParashchakinForinsurerLife Insurance Market in 2024 looks very different to 15 years agoThe life insurance industry in 2024 looks very different to 15 years ago. Low interest rates from 2008 until the inflation surge after 2021…Jun 19Jun 19
Oleg ParashchakinForinsurerCyber claims increase slightly. Cybercriminals are adaptingMarsh UK clients reported 144 cyber claims in the first quarter of 2024, nearly the same as the 143 recorded in the same period in 2023…Jun 19Jun 19
Oleg ParashchakinForinsurerUK cyber insurance market shifted to favor buyersThe UK cyber insurance market has shifted to favor buyers, driven by abundant capacity and fierce competition among insurers, leading to…Jun 19Jun 19
Oleg ParashchakinForinsurerLife insurance industry is shifting to a sustainable growth modeRising interest rates have transformed the competitive and operational environment for life insurers from one of low growth and low…Jun 19Jun 19
Oleg ParashchakinForinsurerForecast for the Life Insurance SectorThe surge in interest rates to 15-year highs significantly improves the outlook for life and annuity insurance. The global life insurance…Jun 19Jun 19
Oleg ParashchakinForinsurerGenerative AI — where the money isInsurers must embrace Artificial Intelligence technology to successfully navigate today’s emerging transformative trends that are shaping…Jun 6Jun 6
Oleg ParashchakinForinsurerInsurTech deals went to distribution-focused startupsThe use of AI in distribution and sales is the particular focus of our Q1 report, so it is notable that 54 of the 107 Q1’2024 InsurTech…Jun 6Jun 6
Oleg ParashchakinForinsurerGlobal InsurTech funding fell to $912.25 mn in Q1’2024Global InsurTech funding fell to USD912.25 million in Q1’2024, the lowest since Q1’2020. The industry saw no quarterly USD100 million+…Jun 6Jun 6
Oleg ParashchakinForinsurerPrimary & Secondary ILS MarketILS investors benefited from the highest risk-adjusted margins in over a decade, offering well-priced capacity to cedents during a year in…Jun 6Jun 6