The insurance industry’s profits rose 18 percent in 2016, recovering from a low point in 2015. A lower frequency of natural catastrophes, combined with continued focus on cost savings, resulted in overall profits rising to $4,058 million, compared with the previous 12 month’s drastic fall to $3,452 million.
In the report we focus on the key drivers, events, trends and factors that influenced the performance of the General Insurance sector throughout 2016. We also highlight the top 10 emerging trends impacting the sector and offer pragmatic advice on how best to deal with these current and emerging themes.
Download the General Insurance Industry Snapshot 2016 (PDF 84KB)
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