Weekly Briefing - Aug. 22, 2022
Our weekly recap of top stories in the insurance industry, updated every Monday. Subscribe to receive notifications on the latest issue!
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???Global Insurance Pricing Increases in Second Quarter 2022
Global commercial insurance prices increased 9%, on average, in the second quarter of 2022. Marsh analyzes how cyber, property, casualty, and financial and professional insurance were affected by region.
???Why The Time For Digital Life Insurance Is Now
The bulk of the life insurance market might soon shift over to digital players. Explore the four major trends that are accelerating the demand for digital life insurance, which is now more relevant than ever.
???How does inflation affect insurance-linked securities?
Inflation across key economies has hit levels not seen in over 40 years. What does it mean for insurers, and more specifically, investors in ILS? How can they tame the inflation risk?
???How can insurers be truly customer-centric, rather than simply customer facing?
New market dynamics are challenging old views of customer-centricity in the insurance sector. EY suggests steps for insurers to reimagine their business models and become truly customer-centric in order to achieve profitable growth.
???Underwriting impacts: Today’s macro risk issues and how the industry needs to handle them
The current risk environment with multiple macro risk issues may seem daunting. Learn how insurers’ use of systematic, data-based approaches to risk selection can lead to long-term growth and profitability.
?? Other news this week: