Insurers looking for strong insurance growth need to look beyond developed economies and they need to enter coverage areas for emerging risks like brand damage insurance, mortgage credit risks, and mega-limit liability losses for corporations, according to Aon Benfield.
In addition, insurers can take five specific steps to become more relevant in five years time, the reinsurance intermediary says in its September 2015 report “Global Insurance Market Opportunities”:
See related articles, “Corporate ‘Giga’ Losses: An Avenue for P/C Premium Growth and Relevance” and “Where Can P/C Insurers Grow?” for more information from the report.
Source: Aon Benfield report, “Global Insurance Market Opportunities.”