State of property and casualty insurance 2020.

Autor: Johansson, Sylvain, Luo, Andy, Michel-Kerjan, Erwann, da Zaharieva, Leda
Předmět:
Zdroj: McKinsey Insights; 4/22/2020, pN.PAG-N.PAG, 1p, 2 Color Photographs
Abstrakt: P&C represents about one-third of premiums in the insurance industry - yet it has been losing relevance for years. This report provides an overview of the P&C industry, what market shapers are doing differently to capture value, and how CEOs can make their organization the next success story. That said, insurance market shapers (those in the top quintile) have already made bold moves in recent years that helped them create significantly more economic value than their peers: on average, these insurers have created more than $750 million in economic profit - nearly twentyfold the industry average. I Unchanging cost improvements have made productivity an industry imperative. i To keep pace with attackers, address the widening gaps between leaders and laggards, and invest in modernizing legacy technology, the industry needs to reset its operational efficiency. [Extracted from the article]
Databáze: Complementary Index
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