The global insurance industry has been subject to rapid change and increasing complexity for some years, and today's insurance companies operate in a marketplace that is competitive across all segments. Now more than ever global insurers are under pressure to increase shareholder value and, in some cases, are facing up to serious market concerns over the adequacy of their solvency margins. They are also facing increased deregulation, the continuing trend towards mergers and acquisitions and the globalisation of capital flow.
Locally, insurers continue to look beyond traditional markets and distribution channels for opportunities, and some are facing the prospect of acquiring or being acquired as the market consolidates. Click below for further insights into the key issues and trends driving the industry and how PricewaterhouseCoopers can help your organisation.