The surge in the frequency and severity of nat cat claims and cyber incidents is driving the need for insurance protection, which Swiss Re believes will push non-life insurance premiums to more than $7tn in 2022.
Swiss Re said that, if the figure were achieved, it would be the first time global premiums had exceeded $7tn.
By
Enter your e-mail to claim a free trial:
Uncover exclusive insights tailored for insurance leaders
Stay Informed: Access exclusive industry insights
Gain a competitive advantage: Hear first about tactical developments
Make better decisions: Understand market dynamics in crucial lines of business