AEGIS - 2017 Economic and Insurance Market Conditions and Disruption in the Insurance Industry

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This PowerPoint report explores the trends, challenges, disruptors and opportunities in the global commercial property/casualty insurance industry for 2017 and beyond. The presentation begins with an overview of the state of insurance, including top issues for the industry, and includes a look industry financials with a detailed exploration of auto costs. Catastrophe change is also discussed in detail. Overall losses from natural catastrophes worldwide rose from $103 billion in 2015 to $175 billion in 2016. Technology disruptions are seen as both a threat and opportunity. For example, while cyberattacks were ranked by Allianz as the second largest global business risk, technological advancements via blockchain are seen as a positive force. The report concludes with information on how the industry continues to serve as an economic leader and is using disruption as a means for positive, future growth.

 

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