Insurance trends in 2024
Our predictions for 2024 had 90% of accuracy. We prepared a new report for insurance trends in 2025. Find out what comes next.
The Sollers Prediction Report is based on economic data and talks with insurance industry executives and professionals in 15 markets across Europe, America and Asia-Pacific.
In 2024, insurance companies must deal with several factors impacting the insurance market. We have covered them in the Sollers Prediction Report 2024 “Against the Wind”.
Key messages:
- Claims inflation remains high
- Increasing dependence on reinsurance
- Insurers focus on data management to prepare for AI
- Cloud migration of core systems will be prevalent
- Realignment of core systems implementation programmes
- APIs will be a pivotal factor
- Political influence on insurance.
Our Predictions highlight how these will influence insurance outlook, specifically several markets such as: Germany, United Kindgom, London Market, United States, Nordic countries, CEE, France, Japan and Australia.
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