Fueled by rapid technological advancements, demographic changes and shifting consumer expectations, the Life & Annuity industry is set for several transformative changes in 2025. Swiss Re forecasts average global real premium growth of 2.6% in 2025 and 2026, with life insurance projected to expand globally by 3% annually— more than twice the pace of the … Read more
The insurance industry faces major changes in 2025. Demographics, climate impacts and geopolitical change are shifting the landscape—literally and figuratively—and will push insurers to adapt. Faced with new opportunities and risks we expect the industry to challenge orthodoxies and spark reinvention. 1. The aging population becomes the dominant industry force. Longer life spans and lower fertility … Read more
Posted January 8, 2025 by sean Today’s Animal Spirits is brought to you by Fabric: Go to meetfabric.com/spirits for more information on life insurance from Fabric by Gerber Life Come see us in Naples! See here for more information on Future Proof Citywide! On today’s show, we discuss: Listen here Get a random Animal Spirits … Read more
November 2024: 2025 predictions No matter the industry, businesses everywhere are experiencing a time of unprecedented transformation as we approach 2025. Traditional models are being reshaped by technological innovation, shifting customer expectations, and evolving risk landscapes. This transformation isn’t just about adopting new technologies—it’s about fundamentally reimagining how products and services are designed, distributed, and … Read more
As the insurance industry continues to navigate the pace of change, complexity and uncertainty in our world, consumers continue to respond, expecting companies to be more responsive to their needs. This year’s underwriting predictions offer guidance on how carriers can respond faster. 1. Evolving cognitive technologies will help insurers capture opportunity from more discrete market … Read more
