The growth in earnings was mainly attributed to improved underwriting results within the company’s P&C reinsurance segment.
GlobalData’s survey found that more than 30% of industry insiders expect embedded insurance to be the fastest-growing channel for personal lines over the next five years.
According to the company, this launch will support India’s infrastructure expansion goals and reduce liquidity pressure on contractors.
UK SMEs show low concern for underinsurance, yet global evidence reveals widespread gaps in essential cover.
