McKinsey News
Commercial Lines Profit Growth: Execution Matters More Than Portfolio Mix
It is "how" commercial lines carriers execute their underwriting strategies, not "what" lines they write that is key to profitable growth for top performers, according to new research from McKinsey. ...
McKinsey to Pay at Least $500 Million in DOJ Opioid Probe
McKinsey & Co. is nearing a deal with U.S. prosecutors to pay at least $500 million to settle federal probes into its past work helping opioid makers boost sales, according to people familiar ...
Interim Value: What Executive Departures Mean for P/C Insurers
It may not be a trend, but it is nonetheless interesting that several insurance companies in recent months have announced the appointments of interim CEOs. Just when you ...
Four Approaches to Expand Commercial P/C’s Market Relevance
Despite a range of disruptions, global commercial P/C insurance carriers have actually delivered good returns over the last few years—mostly thanks to higher premiums, ...
Bold Movers and Losers: Incumbents Need to Act While InsurTechs Stumble
At a time when InsurTechs face major headwinds and incumbent insurers benefit from market tailwinds, it's time for the traditional insurers to make bold strategic moves, McKinsey partners said in a ...
Breaking Down Inflation’s $30B Impact on Insurers Line By Line
Experts at McKinsey & Company estimate that inflation pushed loss costs for property/casualty insurers up roughly $30 billion last year, with nearly three-quarters of that figure coming through ...
Small Insurance M&A Deals Create More Value: McKinsey
McKinsey analysts believe insurers focused on large one-off deals undertaken to scale their companies and those who stick to organic growth are both headed down unfruitful paths if outsized ...
100M Workers Need Retraining For New Post-Pandemic Careers: McKinsey
Tens of millions of workers in developed economies will have to retrain for secure careers in post-COVID labor markets reshaped by the pandemic and the remote working revolution, a report by ...