Category: Diving Deeper

Africa insurance market has collaboration in clear focus as climate change rings disruption
Insurers, regulators and governments in Africa have the aim of collaboration in clear focus in order to navigate an era marked by climate change, [...]

Reinsurance softening slightly as African markets head to 1/1 renewals
A reduction in the number of catastrophes has helped ease the reinsurance renewal season and African market players are expecting the upcoming convers [...]

How can insurers look to close the protection gap?
As talk turns to market equilibrium and stable rates, how can insurers continue to respond to customer demand while covering their cost of capital and [...]

Reimagining insurance with a comprehensive approach to gen AI
Cameron Talischi, partner in McKinsey’s Chicago office, Jörg Mußhoff, senior partner, and Khaled Rifai, both in the Berlin office August 28, 2024
Despite forging ahead with generative AI (gen AI) use cases and capabilities, many insurance companies are finding themselves stuck in the pilot phase [...]

From conception to completion – putting construction insurance in the process
After a series of tragic construction failures in South Africa, Nigeria and Kenya this year, the construction insurance market has come [...]

Cyber insurers set for global deluge in claims after CrowdStrike, but other classes will be hit too
Cyber insurers are facing a deluge of claims from across the world after the CrowdStrike incident that left businesses globally struggling for connect [...]

Africa insurers challenged to localise artificial intelligence and machine learning to reap benefits
Insurers operating in Africa have been challenged to localise artificial intelligence (AI) and machine learning (ML) if they are to reap [...]

Navigating shifting risks in the insurance industry
Erwann Michel-Kerjan, a partner in McKinsey’s Philadelphia office, and Lorenzo Serino, a partner in the New York office, McKinsey & Company July 2, 2024
Today’s insurers are exposed to multiple risks, from financial risks, such as shifting interest rates, changing costs and sources of capital, and incr [...]

Insuring the biggest shows on earth
Major sporting events such as Euro 2024 and the Olympics excite and unite billions of people around the world, but for event organisers, delivering su [...]

Insurance at an inflection point, says Moody’s
Insurance is designed to give people and companies peace of mind that they’re prepared and financially protected should catastrophe strike. In a funct [...]
