While most insurers were able to adapt quickly and effectively during the pandemic, the industry is likely to face a host of additional macroeconomic and geopolitical challenges that could inhibit growth and profitability. (bizvector/Adobe Stock) While most insurers were able to adapt quickly and effectively during the pandemic, the industry is likely to face a host of additional macroeconomic and geopolitical challenges that could inhibit growth and profitability. (bizvector/Adobe Stock)

Necessity has indeed been the mother of reinvention for the insurance industry these past few years, as most carriers were remarkably adaptive and resilient in overcoming obstacles raised by the pandemic.

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