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P&C insurance industry predictions for 2022

Supply chain issues and a property price ‘reckoning’ are among the five things to look for in the year ahead.

By Kenneth Saldanha | January 03, 2022 at 01:00 AM
Global insurance industry revenues are forecasted to grow to $7.5 trillion by the end of 2025, according Accenture. (Credit: Jo Panuwat D/ Adobe Stock) Global insurance industry revenues are forecasted to grow to $7.5 trillion by the end of 2025, according to Accenture. (Credit: Jo Panuwat D/ Adobe Stock)

For many of us, ringing in the new year means setting resolutions for better health and well-being. Whether in business or our personal lives, we must consider the scenarios that may threaten or enable our success. The insurance industry is no different.

This time last year the world was eager for COVID-19 vaccines to end the pandemic and the need for physical distancing and restrictions on travel. While we saw some relief, new variants have emerged, demanding our continued vigilance in controlling the spread of the virus.

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