Insurance growth report 2022 : navigating increasing complexity
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<subTitle>: navigating increasing complexity</subTitle>
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<dateIssued>2022</dateIssued>
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<abstract displayLabel="Summary">While 2021 saw the pandemic continue to shape the economic and political landscape, rising prices across all product lines, even those perceived as difficult, generated healthy top line growth for many insurance businesses. The claims picture was relatively benign. Although there were a number of significant catastrophes, combined with some large attritional losses, there were no seismic events that would have depleted market capacity. On the flipside, inflationary pressures are starting to return and re/ insurance carriers are feeling the impact of rising costs on their operations. The war for talent has intensified post-COVID, as the industry cannibalises its own talent pool rather than look further afield. For those businesses looking to expand, the decisión on whether to grow through acquisition or by building out existing operations has never been more relevant. </abstract>
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